The Supreme Court recently confirmed a Madras High Court judgment which upheld a fiscal formula included in the Central Goods and Service Tax Rules to execute refunds of unutilized Input Tax Credit (ITC) accumulated on
Read MoreWhat is TReDS? TReDS stands for Trade Receivable e- Discounting System. TReDS is an online platform on which the trade receivables are auctioned , this process is commonly known as bill or invoice discounting. There
Read MoreWhat is HSN ? HSN means Harmonized System Nomenclature .It is an internationally adopted system for commodity description and product nomenclature system developed by the World Customs Organization (WCO). HSN Code mandatory from 𝟏𝐬𝐭 April,
Read MoreDid you know in 2020 alone, more than 3.2 million new plug-in electric vehicles were registered globally. If you’re thinking of buying a new vehicle, this article will help you to understand the advantages of
Read MoreComposition is an alternative mode of tax levy to provide simplicity to small taxpayers so that they need not indulge in dilemma of different rates, input credit and other complicacies. This is a optional method
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