GST or goods and service tax was launched on the 1st of July 2017. The tax has replaced almost all the indirect taxes in India. It is mandatory to issue an invoice or bill of supply when the supply value is more than Rs. 200 under GST Registration in India. There are several types of … Read more
India currently owns being the second-largest producer of cement in the world. Notably, the government is one of the largest purchasers for this industry, and consequently, all its infrastructural attempts depend on it. Although, cement is perhaps the only stock that is used by the population extensively but attracts taxes of the highest slabs. In … Read more
LED is an extremely energy-efficient lighting technology, and has the potential to transform the future of lighting in India. The LED bulb is currently accessible in a wide variety of home and industrial products, and the list is growing every year. The rapid extension of LED technology leads to more products and enhanced manufacturing efficiency. … Read more
With the period of time, the GST department took several steps to smoothening and fasten the GST registration process for the business taxpayers. Now, the Central Board of Indirect Taxes issued new guidelines that require Aadhar mandatory for GST Registration and Aadhaar Authentication by an OTP in the GST Registration application. The government has issued … Read more
Recent Notification issued by the Government of India notified on new eligibility, and guidelines for Udyam Registration for Micro Small & Medium Enterprises(MSME). Every business has to obtain GST registration and file Income tax return on or before 31st march 2021 to sustain the validity of the MSME Certificate. According to the Government’s revised guidelines, MSME is now placed under the … Read more