Tally Solutions

Tax Liability and Input Tax Credit on GTA Service- Know who is liable to pay the tax on GTA service: the GTA or the service recipient.

Certain specified category of persons are liable to pay tax on the reverse charge on transport service taken from a GTA

GST on Advance Payment - Manufacturers & traders are liable to pay GST on advances received from customers. Here is the advance receipt format under gst.

This checklist will help you understand the conditions for claiming input tax credit (also certain inputs where ITC is not allowed) and claim input tax credit correctly.

Detailed guide (with sample calculations and invoice formats) to calculate the value on which GST has to be charged.

Under GST, reverse charge is applicable in these 3 scenarios: 1) Supply of notified goods and services 2) Imports 3) Purchase from unregistered dealers

Will GST bring uniformity in taxes on e-commerce platforms across the nation? What will be the impact of GST on their profit margins and operational costs?

Under GST, Excise, Service Tax and VAT will be subsumed into GST and customs duty will continue to be levied separately. Understand the tax implication

Everything you need to know - provisions, processes and documents required for claiming refunds under Goods and Services Tax (GST).

The current Draft Model Law for GST has a few proposals which will slowly, but with certainty, drive almost every Small Business to eventual closure.