GSTR 2A is a purchase-related dynamic tax return auto-populated for each business by the Goods and Services Tax (GST) portal. It includes details of all purchases made by a business, including supplies made by registered suppliers.
India's comprehensive goods and Services Tax system mandates e-way bills for goods over ₹50,000. GSTINs may not be required for all electronic method bills, and alternate registrations can be used for unregistered shipments.
Understand contra entry in accounting: what is contra entry, contra entry meaning, definition, example, journal entry, types of contra entry, and its purpose.
The article discusses the differences between single-entry systems and double-entry systems of accounting and their alignment with current evaluation criteria for financial systems.
Goods and Services Tax? In India, the GST is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. In simple words, a Goods and Service Tax is an indirect tax.....
Discover how the Prayaas Scheme supports small businesses in India with financial aid, skill development, and market access to boost growth and sustainability.
KVIC stands for Khadi and Village Industries Commission. It promotes rural development through khadi, village industries, self-employment, and sustainable growth initiatives.
Discover the importance of a revaluation account in accounting, especially for Indian partnership firms, to ensure accurate financial statements and fair profit distribution.
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