(Available in Desktop and Online(Cloud) Variant)
Due Dates: GSTR 3B, GSTR 1, (GSTR 9, and GSTR 9C) and GSTR 4 Respectively as Follows: 20 March, 11 March , 31 March and 18 Apr 2020 (Read a Guide)
GSTR-9 and GSTR-9C are two very important interlinked cogs of India’s new Indirect Tax GST. While GSTR-9 is an annual return, the GSTR-9C is a reconciliation statement signed by a designated authority (auditor or a Chartered Accountant or a CMA). One important and common feature of both the forms is that they can be filed only once. Hence It becomes increasingly important to be careful.
Event Management means planning, organizing, hosting, promoting, conducting any kind of services such as festivals, conferences, ceremonies, weddings, formal parties, concerts, conventions and marriages, from booking the venue to organizing the party. In respect to this, the service provider would charge some kind of fees.
Event Manager
Event Manager is a person who handles all the activities of event management.
GST, or Goods & Services Tax, was introduced in India on the 1st of July, 2017, as a one-in-all indirect tax system. At the time of the launch, GST was divided into the following six tax slabs: Nil, 0%, 5%, 12%, 18%, and 28%.
Before the implementation of GST in India, many rubber items such as Rubber bands were being taxed at a very high rate of 31 per cent.
Paints have a remarkable contribution in real estate and automobile divisions. Ever Since GST implementation, the contribution has slowed down. It looks like the GST rate on paints has burdened this industry. The market for paints contributes largely to the GDP in India and is relied upon to contribute to 1.5 times to 2 times GDP consecutively since last five years.
Discounts and free offers given by merchants/sellers on the products & services provided to their customers have been included under the Goods & Services Tax (GST) system. Many merchants or manufacturers offer discounts on their offerings as a marketing strategy to increase the sales of these products/services.
GST, which was implemented on July 1, 2017 as a unified indirect tax system in India, has provisions for the levy of tax on the cash discount and other discounts offered by sellers on their supplies. GST on discount has been divided into the following two types.
Fertilizers which are primarily used for increasing the growth rate of agriculture products are also now under the GST scope after the launch of the indirect tax system in India on July 1, 2017. All the other indirect taxes, including VAT and service tax, have been merged into a one tax system, i.e Goods & Services Tax (GST). In this article, we will learn the impacts of GST on Fertilizers.
There is confusion between authors and publishers because of the GST (Goods and Services Tax). The questions which arise in their mind are how much GST to be paid on book royalties and who is responsible to pay it. A writ petition was filed by the Meerut Publishers’ Association to get the precision on the matter. On September 11, 2018, the petition began in Delhi High Court against the centre because of the confusion created by India’s biggest tax reform.