Electronic Way Bill in GST

Under GST, the person shall furnish the information prior to the commencement of movement of goods of more than Rs.50,000 and generates e-way bill on the E-way portal. It would become mandatory for inter-state movements of goods from February 1, 2018. The Uniform System of e-way Bill for inter-State as well as the intra-State movement…

Continue Reading

For Sale of Used Car

  There were lot of confusion and questions about the sale of car, whether the transaction will be taxable or not under GST. There will be different cases for this transaction, we shall discuss only sale of car by registered person under GST on which no Input Tax Credit has been claimed under earlier law….

Continue Reading

Procedure for Registration u/s 12A

NGO’s can seek registration u/s 12A to claim exemption under Income Tax Act’ 1961, if certain conditions are satisfied. Thus, NGO’s shall get themselves registered for claiming exemptions under the Income Tax Act. Below is step by step procedure for registration u/s 12A: An application for 12A registration is made in Form 10A along with…

Continue Reading

Step by Step Procedure for Registration under GST

Registrations for GST can be done online through a portal (https://www.gst.gov.in/) maintained by the Central Government or State Government.The applicant will have to submit an online application for GST registration along with requisite documents. Below is the step by step procedure to register under GST: Go to GST portal. Click on Register Now under Taxpayers….

Continue Reading