Traders and retailers can file declarations within 90 days claiming tax credit for transition stock after the GST rolls out from July 1. The draft transition rules for the Goods and Services Tax (GST) regime had pegged the time at 60 days.Read More »GST news – Retailers to file Tax declarations within 90 days
Read All About GST News & Updates
A place where you get to read the latest GST news, GST rate changes & more. Become a well-informed smart Vyapari :) Take your business to the next level with the help of the right information.
There can be no gain without pain and that may be especially true when it comes to GST. As about 160 countries overhauled their indirect tax systems, they confronted numerous challenges. Latecomer India is unlikely to escape some havoc.Read More »GST Tax and it’s effect on the Indian Economy
Invoicing under GST is going to go through some changes. It forms a crucial function when it comes to the execution of a transaction. On every sale/purchase an invoice is issued by the supplier i.e person making the sale. The invoice contains S.No, details of product such as product name, description, quantity, etc along with details of supplier, purchaser, tax charged and other particulars such as discounts, terms of sale etc. and all of these would need to be depicted in the GST invoice.Read More »All About Invoicing Under GST
GST tax rates, 2017 and why they matter
The much awaited GST tax rates (Goods and Services Tax) are about to be fixed. The GST council will decide the rates on all the goods (from salt to luxury cars) and services(phone calls to dining out) has begun its meetings and the first set of GST tax rates rates are out. Read More »GST Tax Rates 2017: Vyapar reviews what gets affected.
What is the GST bill ?
The Indian parliament decided to Introduce the Goods & services Tax (GST Bill). It was introduced as The Constitution (One Hundred and First Amendment) Act 2016, following the passage of Constitution 122nd Amendment Bill.Read More »Advantages of GST for SME’s
Why do we need the GST Bill ?
Every small business in India today is asking “What is the GST Bill ?”. Now, we at Vyapar are making an attempt to explain it in plain terms to our readers.
To start off with, we know that every country and it’s Economy, changes with changing times. Today, India is one of the fastest growing economies and to reach this stage, it has undergone some major economic reforms like Read More »What is the GST Bill?