The demand for Tally courses in India is increasing day by day. We are aware of the term Tally, but what is Tally, what are its importance You often used
Tag: GST
APPLICATION FOR UNBLOCKING OF E-WAY BILL FACILITY
1. A facility has now been provided to the taxpayers on the GST Portal, from 28th November 2020 onwards, to file an application online for unblocking their EWB generation facility
E-Invoicing In Gst
E- Invoicing In GST Notifications 1. Starting from 1st October, 2020, certain tax payers will be using electronic E-invoicing for GST. Moreover, 27400 GSTIN's in October 2020 has generated a
GSTR2B on GST PORTAL
Introduction to GSTR2B on GST Portal GSTR2B on GST Portal provides eligible and ineligible Input Tax Credit (ITC) for each month, similar to GSTR-2AÂ but remains constant for a period. Moreover, GSTR2B
What is Direct Tax
Direct tax in India is overseen by the Central Board of Direct Taxes (CBDT). It was formed as a result of the Central Board of Revenue Act, of 1924. The
What is Goods and Service Tax (GST)?
Goods and Service Tax(GST) Goods and Service Tax (GST) is an indirect tax (or consumption tax) used in India on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it
HOW TO DO RCM UNDER GST ALONG WITH TALLY TREATMENT?
What is RCM full form under #GST?The full form of RCM under GST is #ReverseChargeMechanism, where the GST #payment process is reversed & instead of the #supplier, the #recipient has
How is the GST Eway bill used with tally?
1. What is an eWay Bill? GST Eway bill is an Electronic Waybill for the movement of #goods to be generate on the eWay Bill Portal. A GST registered person
What is the Input Tax Credit (ITC)?
Input Tax Credit means reducing the taxes paid on inputs from taxes paid on output. When any supply of services or goods is supply to a taxable person, the GST charge
Common Provisions Of CGST, SGST, IGST, and UTGST
Provisions of CGST and SGST Article 265 of the Constitution of India mandate that no tax shall be levied or collected except with the authority of law. The charging Section