#HSN Code , #SAC Codes for #GST Enrollment

HSN Code HSN code means Harmonized System Nomenclature. HSN Code is used to Classify goods. As per Notification No. 12/2017 – Central Tax dated 28th June 2017. Requirement for mentioning HSN codes in Tax Invoice is as follows:-   1.       Annual Turnover in preceding FY up to 1.5 crores – HSN …

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SPEND MONEY FOR FAMILY AND SAVE YOUR TAXES

Do you know your family members can you help you in your tax savings. There are some exemptions and rules which can help you in tax savings on the amount spend on your family. Just read the following points and save your taxes. Pay rent to your parents and save …

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How to check Your Registration status under #GST

A new facility is provided on the website of Goods and Service Tax regarding the registration status of all those taxpayers who have enrolled for GST under VAT/ Excise or Service Tax. The taxpayer may now check their exact status regarding the registration under GST State-wise either based on PAN …

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Composition Scheme Under #GST FAQs, Pros. / Cons. Forms, Returns

GST has numerous consistence in charging and return filling. Expansive associations have the essential assets and skill to address these necessities. If there should be an occurrence of numerous new companies and Small and Medium Enterprises (SMEs) may battle to follow these arrangements. To manage such situations, the Finance Ministry …

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GST Rate Schedule for “Services” approved by #GST Council

function googleTranslateElementInit() { new google.translate.TranslateElement({pageLanguage: ‘en’, includedLanguages: ‘bn,en,gu,hi,ml,ne,pa,ur’, layout: google.translate.TranslateElement.InlineLayout.HORIZONTAL, autoDisplay: false}, ‘google_translate_element’); } The GST Council has broadly approved the GST rates for services at 0%, 5%, 12%, 18% and 28%.  The fitment of rates of services were discussed on 19 May 2017 during the 14th GST Council meeting …

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