GST in India – Definition, Types and Key Feature of GST

gst-in-india

GST in India – GST Stands for Goods and Service Tax. It is a value-added tax (VAT) collectively levied on goods and services by the Central and State Governments during purchases and sales. It is an indirect tax imposed on supply of goods and services. It is a multi-stage destination-oriented tax imposed on every value addition, replacing multiple indirect taxes like excise duty, vat, service tax and many more.

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How to make entries of Service Tax in Tally

How to make entries of Service Tax in Tally

Dear Friends, You know very well about the Tally software. At present time Tally is one only most popular accounting cum inventory software that handles the day-to-day all routine operations of any business unit very effectively. Today we will discuss about the Service Tax in Tally. After reading this article you will be able to easily make all necessary entries of service tax in Tally.

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How can I identify fake GST bill and GST number ?

How can i identify and complain of fake GST bill and GST number

Most of the person complain about the fake GST bill which issued by the few shop keepers, restaurant and other places. All we know very well that GST is applicable in India and only registered shop keeper charge the GST amount from customer only. There are lot of person still confuse about charge the GST. Lot of person take advantage of this confusion and they charge GST amount from customer and also mention them on hardcopy.

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Pay online self assessment tax and advance tax

Pay online self assessment tax

Dear Friends, today we talk about What is the “Self Assessment Tax and Advance Tax” in India and we will know how to pay online self assessment tax and advance tax. Self assessment tax which we are finalizing the tax based on actual once the financial year completed and deduct whatever advance tax paid and balance need to be paid before filling the return.

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How to Use Vat in Purchases Import and Sales Export in Tally

How to Use Vat in Purchases Import and Sales Export in Tally

Dear Friends, You know very well about the Tally software. Tally is an accounting cum inventory software which provide different accounting, inventory features and also provide statutory and taxation facility. Today, we discuss how to use Vat in purchases import and sales export in Tally. 

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