Composition Scheme under GST

PROPORSITION IN COMPOSITION SCHEME UNDER GST Tax runs the society and the legislature always outreach to make the levy and collections of the tax in a broader base i.e. include as many persons as possible in the taxable net. The government always encourage small tax payers to come voluntarily within the taxable net and try to make the procedure simplified …

GST not covered under reverse charge

Introduction: This article discusses in detail about GTA not covered under reverse charge under GST regime. Query: In case of GTA, there is reverse charge under GST but some transporter are giving invoice with charging GST on invoice itself what to do in such cases? Whether can transporter also charge GST @12%? Ans. Vide notification no. 22/2017 – Central Tax(Rate) …

Import Export code(IEC) application under GST regime

This article discusses in detail about application for Import Export code(IEC) application under GST regime. Query: We applied for IEC in the month of July 2017 & paid the fee but we didn’t submit documents. Before submitting document, a notification came saying that now PAN will be IEC. So do we still need to submit documents? If yes, how to …