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Accounting Entries under GST

GST Accounting Entries Goods & Services Tax (GST) was implemented in India from 1st July 2017. Since then, the GST Council has been working to make the rules easier to make businesses easier and simplified GST entries help us understand transactions in a better way. The Customs and Excise Act in India is a comprehensive, … Read moreAccounting Entries under GST

Maintenance of Accounts and Records under GST

All accounts and records should be compulsorily and accurately maintained by every taxpayer registered under the Goods and Services Tax (GST) Law. These records should be maintained by the taxpayers at their principal place of business. Therefore, it is binding to know the details related to the maintenance of records and accounts under GST. The … Read moreMaintenance of Accounts and Records under GST