Details to be Mentioned in GSTR-3B Form GSTR-3B is divided into 6 sections. These details are further broken down into the following. For each of these you must provide, the total taxable value (total which has been invoiced). And then further break this up into IGST, CGST, SGST/UTGST and cess if any. […]
Cases Where Input Tax Credit under GST Cannot Be Availed Specific cases are mentioned under GST where no input tax credit shall be available to the applicant. We are going to discuss the ineligibility of input tax credit in the article with examples. Cases when ITC is not available under GST […]
Key highlights: Modi’s election budget explained in 10 easy points Taxation: * Tax rebate raised for income up to Rs 500,000 * Benefit of rollover of capital tax gains increased from one residential house to two houses * This roll over on capital gains up to Rs 2 crore can be […]