As a federal nation, the Constitution has empowered the central government to levy taxes and duties on manufacturing and providing services. State governments do this by way of charging taxes on interstate sale of goods and services where goods...
GST Invoicing can be broadly classified under two heads – Tax Invoice Bill Of Supply Issued by a registered taxable person Issued by a registered taxable person Issued for the supply of a taxable good or service Issued for the...
Valuing a good or service enables understanding its total cost, including the amount of tax that is required to be levied on it. Both the monetary and non-monetary value of supply needs to be duly computed. In case of...