Income Tax | GST | Accounting
Income Tax | GST | Accounting
The Union Budget 2023 is one of the most highly anticipated events in India as it sets the tone for the country’s financial direction for the coming year. As the government prepares to present its budget proposals, citizens, business owners and investors are eagerly waiting to see what’s in store for them. If you want […]
The Union Budget of India for the fiscal year 2023-2024 is set to be presented on February 1, 2023, by the Finance Minister of India, Nirmala Sitharaman. The budget presentation is an annual event and is eagerly awaited by the public and stakeholders as it outlines the government’s plans for the coming fiscal year and […]
New Functionalities in GST: The Goods and Service Tax Network has issued a list of new functionalities made available for Taxpayers on the GST Portal (December 2022). The new functionalities include topics like drop proceedings, recompute interest, validation duplicate checks and others. Registration Form/Functionalities: Automation of Drop Proceedings for taxpayers suspended upon issuance of SCN […]
Highlights of 48th GST Council Meeting: The 48th GST Council meeting was chaired by Union Finance Minister Smt. Nirmala Sitharaman via virtual mode in New Delhi.
Seed is not an Agricultural Produce: The appellant is registered under GST having GSTIN number 36 AAACG3220D1ZB. M/s Narsimha Reddy & Sons are primarily engaged in production and processing of agricultural seeds. In the process of production, the applicant outsources certain services such as cleaning, drying, grading and packing to the job workers and stores […]
