Businesses in India have to charge customers a certain amount of tax on services and products as Goods and Services Tax (GST) depending on the category that they're selling to their B2C and B2B customers. If it is food, it is 5%, and if it is furniture, it is 18%, etc. Here is a detailed …
Continue reading Input Credit & Output Liability of GST in India: GSTR1/2/3/2A/3B
VAT -- Value-Added Tax -- is the biggest tax reform in the last 50 years of independent India and will change forever the way traders do their business. But do you understand VAT? Don't you need advice on the new VAT laws and how they affect your business? No need to worry, help is at …
Indirect Taxes Service Tax is a form of indirect tax imposed only on services provided. From the point of view of a layman, providing services means assistance in any work, taking up of any work on behalf of others, any professional assignment or rendering intangible benefits to others. VAT (Value Added Tax) is a form …
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