Inverted Duty Structure under GST
Inverted Duty Structure under GST The term inverted duty structure refers to a situation where the tax rate on input materials is higher than the tax rate applicable to the final…
Inverted Duty Structure under GST The term inverted duty structure refers to a situation where the tax rate on input materials is higher than the tax rate applicable to the final…
GST Rules for Freelancers in IndiaA freelancer is an independent service provider who offers services on a contract basis, hourly rate, or periodic schedule. These services can be delivered directly…
Understanding GST on Professional Services in IndiaGoods and Services Tax (GST) applies to various professional services in India, including consulting, legal, accounting, medical, and IT services. Professionals offering services beyond…
How to Prepare a CMA Report for a Bank LoanA Credit Monitoring Arrangement (CMA) report is a financial document that presents both the past performance and future projections of a…
Credit Monitoring Arrangement ( CMA ) - Overview & Documents RequiredThe Credit Monitoring Arrangement (CMA) report has been in practice since October 1988. Before its introduction, from 1965 to 1988,…
Angel tax is a levy imposed on startups in India when they receive investments exceeding their Fair Market Value (FMV), as specified under Section 56(2)(viib) of the Income Tax Act.…
MCA Change Request Form (CRF)The Ministry of Corporate Affairs (MCA) has introduced the Change Request Form (CRF), a web-based tool designed to address exceptional scenarios where existing forms or services…
Changing the registered mobile number or email ID on the GST portal is a straightforward process. The method you follow will depend on the number of authorized signatories associated with…
How to Dissolve a Hindu Undivided Family (HUF) Deed?Taxpayers belonging to Hindu, Jain, Buddhist, and Sikh communities can often take advantage of a strategic tax-saving mechanism by forming a Hindu…
TDS On Rent u/s 194-IB, Filing Form 26QC ExplainedOverview: Form 26QC is a challan-cum-return form used for reporting transactions subject to TDS on rent under Section 194-IB. This section is…
Trademark Registration Online Process & Procedure for Brands in IndiaTrademarks are distinctive symbols, designs, images, or phrases used to identify and distinguish a company's goods or services. They play a…
What is ITR-U?ITR-U form, or the Updated Income Tax Return, is a provision that enables taxpayers to rectify mistakes or omissions in their previously filed returns. This form also allows…
GST Refund on Cancellation of Flat or Service Contract – Complete GuideThe 48th GST Council meeting, held on December 17, 2022, addressed the issue of GST refunds for buyers in…
Comprehensive Guide to VAT Registration: Online and OfflineVAT, or Value Added Tax, is a tax imposed on the sale of goods and services to end consumers, managed by the Central…