Real estate is a very crucial pillar of an economy. With the introduction of GST, taxes on various real estate transactions have been streamlined to make a positive effect on the public. GST on Property is classified into two 1) GST on commercial … [Read more...]
All About Invoice Under GST
In common trade, a tax invoice is a legal document that records a transaction between a buyer and seller. Under GST law, an invoice or tax invoice means a tax invoice as referred to in section 31 of the Act. This article attempts to decode the … [Read more...]
Interest on Late Payment of GST
In this article you will find complete information on interest on late payment of GST. Interest on GST is paid, if : You make the GST Payment after due date You claim undue or excess input tax credit You unduly or excessively reduce the output tax … [Read more...]