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Goods and Service Tax

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Kandarp Vanita | Date: Apr 30, 2021

Goods and Service Tax

Goods Sent on Approval...

It is a common business process to send goods on approval basis. Hence, many times these goods are returned by the...

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<img width="50" height="50" alt="Kandarp Vanita" data-src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Kandarp Vanita" data-src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" width="50" height="50" alt="Kandarp Vanita" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Kandarp Vanita | Date: Apr 29, 2021

Goods and Service Tax

Valuation Rule for Supp...

Every taxable person is responsible to pay tax on ad-valorem basis meaning “according to the value” the person...

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<img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" width="50" height="50" alt="Pankaj Tyagi" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Pankaj Tyagi | Date: Apr 28, 2021

Goods and Service Tax

Valuation of Supply und...

Goods and service tax or GST integrates all taxes under one hood. It was introduced to ensure a “One Nation One T...

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<img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" width="50" height="50" alt="Pankaj Tyagi" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Pankaj Tyagi | Date: Apr 19, 2021

Goods and Service Tax

What are the Things you...

The implementation of GST was one of the most prevalent changes that India's taxation system has undergone in past...

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<img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" width="50" height="50" alt="Pankaj Tyagi" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Pankaj Tyagi | Date: Feb 21, 2021

Goods and Service Tax

How to Register Digital...

Are you having trouble registering Digital Signature Certificate (DSC) on the GST common portal? Don't worry; this...

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<img width="50" height="50" alt="Kandarp Vanita" data-src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Kandarp Vanita" data-src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" width="50" height="50" alt="Kandarp Vanita" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Kandarp Vanita | Date: Feb 19, 2021

Goods and Service Tax

GST Returns Reflecting...

As a business proprietor and a taxpayer, the tax payer has to declare in their GST returns in his income tax passbo...

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<img width="50" height="50" alt="Kandarp Vanita" data-src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Kandarp Vanita" data-src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2021/02/image_2021_02_01T09_09_44_024Z-150x150.png" width="50" height="50" alt="Kandarp Vanita" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Kandarp Vanita | Date: Feb 18, 2021

Goods and Service Tax

Understanding on Input...

Input tax credit is the tax paid on purchase of goods and services by the buyer at the time of paying taxes on outp...

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<img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" width="50" height="50" alt="Pankaj Tyagi" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Pankaj Tyagi | Date: Feb 15, 2021

Goods and Service Tax

Is Dropshipping Busines...

Dropshipping is an e-Commerce business in which the seller does not hold any inventory. Whenever the customer place...

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<img width="50" height="50" alt="Komal Singh" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Komal Singh" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" width="50" height="50" alt="Komal Singh" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Komal Singh | Date: Feb 13, 2021

Goods and Service Tax

General Idea on GST Inp...

Within GST input tax credit, duties and taxes are available to taxpayers on the basis of stock and input with...

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<img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" width="50" height="50" alt="Pankaj Tyagi" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Pankaj Tyagi | Date: Feb 13, 2021

Goods and Service Tax

Automobile Sector in 20...

Recession and severe dip in growth is not new to the automobile sector. Even before the pandemic outbreak, this sec...

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<img width="50" height="50" alt="Komal Singh" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Komal Singh" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" width="50" height="50" alt="Komal Singh" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Komal Singh | Date: Feb 10, 2021

Goods and Service Tax

An Overview on Format o...

A major concern for enterprises incorporated under the regime of GST is to ensure that they are not lost on the tax...

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<img width="50" height="50" alt="Komal Singh" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Komal Singh" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" width="50" height="50" alt="Komal Singh" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Komal Singh | Date: Feb 09, 2021

Goods and Service Tax

Understanding on Place...

According to the GST Act 2017, all supplies of goods/services imported into India will be treated as an inter-state...

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<img width="50" height="50" alt="Komal Singh" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Komal Singh" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/12/processed-150x150.jpeg" width="50" height="50" alt="Komal Singh" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Komal Singh | Date: Feb 09, 2021

Goods and Service Tax

An Outlook on Effect of...

Four years of GST implementation are to be completed. Initially, it was expected that the industry would have an es...

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<img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Pankaj Tyagi" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/03/New-Doc-2020-03-24-13.43.50_9-150x150.jpg" width="50" height="50" alt="Pankaj Tyagi" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

Pankaj Tyagi | Date: Feb 08, 2021

Goods and Service Tax

GST Collection for Dece...

The NDA government's growth-oriented measure seems to have triggered the growth in GST collection in December. As p...

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