Before starting off with the FAQs on Anti-profiteering system under GST, it is important for us to know the basics of it. In this article we will cover all the FAQs related to the anti-profiteering system under GST:
The National Anti-profiteering Authority (NAA) was established under Section 171 of the Central Goods and Services Tax (CGST) Act, 2017. The NAA was set up to screen and to administer whether the benefits of input tax credit (ITC) are received by the recipient by a decrease in costs. National Anti-profiteering Authority (NAA) is was then … Read moreAll About National Anti-profiteering Authority (NAA)
Invoice matching is a concept wherein all the taxable supplies obtained by a purchaser and provided by a seller are reconciled. The Government, through this concept, looks to guarantee the accurate exchange of Input Tax Credit (ITC) between the states and the parties involved in the transaction. So, in this article, we will decide the … Read moreInvoice Matching Under GST
We know that to know all about ITC is quite impossible. So, we have gathered all the basic input tax credit FAQs in this article for your convenience.
Keeping the taxpayer point of view in mind it is quite impossible to know everything about the new e-Way bill system, so we have gathered all the important new e-way Bill system FAQs.
We know that it is very hard to know everything about GST. So in this article, we will discuss all the important FAQs on GST Portal.
Before knowing how to calculate Input Tax Credit (ITC) under GST it is important for us to know what is the meaning of ITC. The meaning of ITC can be effortlessly comprehended when we take the words ‘input’ and ‘tax credit’ into consideration. Inputs are materials or services that a manufacturer purchases or render to … Read moreHow to Calculate Input Tax Credit (ITC) under GST?
We know that to know all about PAN is quite impossible. So, we have gathered all the basic PAN FAQs in this article for your convenience.