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.....
TCS (Tax collected at source) is a tax that is collected by the seller from the buyer at the time of sale of certain goods and services. The seller has...
Learn about HSN Code 4409 for shaped wood products, applicable GST rates, and the importance of accurate classification for compliance and smooth trade operations.
Find out the core factors determining GST registration liabilities in India as turnover limits, exemptions, and special cases that apply to businesses and individuals.
Get complete details on the 2711 HSN code, GST rates on petroleum gases, and their impact on businesses. Learn about LPG, CNG, and natural gas taxation.
Discover how the Prayaas Scheme supports small businesses in India with financial aid, skill development, and market access to boost growth and sustainability.
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