"I have 10 years of experience in Taxation and Accounts."
Large Corporation usually has operation/place of business at multiple states which has common services like, Internal Audit fees, Statutory Audit fees, Banking Charges, Group Insurance, Consultation fees, etc. for the day today’s operation. The GST paid on such common services cannot be availed in any one particular state or any particular registration being common Input […]
This article basically explains the concept of Input Tax Credit under the GST regime. Its procedure, required documents to avail the ITC, Condition, time limit to avail the ITC, Apportionment of ITC based on ITC used Partly for Business and partly for other purposes, partly for effecting Taxable Supply and Partly for exempted supply. Input […]
This Article explains about the Job Work under GST its Procedural Part, Document to be issued and Obligation of record to maintain. Disclosure in GSTR-1, Clearance of Scarp or Waste generated, Transitional Provision, ITC Credit, and filling of Quarterly return
