#gst

[nando161mando]

Why are things expensive?

4 companies control 55% to 85% of the meat market.

4 airlines control 80% of air travel.

3 companies control 92% of the soda market.

3 companies control 73% of the cereal market.

Why don't I hear about it?

6 companies control 90% of the news.

[kujikawaiiart]

cozy I-no comm

[untouchvbles]

Mitsubishi Eclipse (2G)

[figurecollection]

Miku Hatsune 1/7 Scale by Good Smile Company, from Vocaloid

[allthecanadianpolitics]

OTTAWA — The New Democrats say they are using their agreement with the Liberal government as leverage to push for more ways to save Canadians money in the next federal budget.

Party leader Jagmeet Singh said he expects to see money in the budget to expand dental care coverage to teens, seniors and people living with a disability, which was part of the confidence-and-supply agreement with the Liberals.

But he also wants to see the government extend the six-month boost to the GST rebate, introduced last fall, which temporarily doubled the amount people received.

"That's something that we're going to use our power on," Singh said in an interview with The Canadian Press. [...]

Continue Reading.

Tagging: @politicsofcanada

[car-stuff]

It's getting late...

[sandipan68]

[propicsmedia]

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[accteezindia]

Call: +91-8860632015 For UDYAM / MSME Registration

[nando161mando]

When criminals run society

[viraajswipe]

Availment of ITC under GST

GST (Goods and Services Tax) is a comprehensive indirect tax levied on the supply of goods and services in India. It is a destination-based tax, which means that the tax is collected by the state where the goods or services are consumed. Under GST, the input tax credit (ITC) is an important concept that allows businesses to reduce their tax liability by claiming credit for the taxes paid on their purchases.

In this article, we will discuss everything you need to know about the availment of ITC under GST. We will cover the basics of input tax credit, the conditions to claim ITC, the documentation required, and the time limit for claiming ITC.

What is Input Tax Credit (ITC)?

Input tax credit (ITC) is the credit that a business can claim for the tax paid on its purchases used for business purposes. The tax paid on input goods or services can be set off against the output tax liability (i.e. tax payable on sales) of the business. This helps businesses reduce their tax burden and improve their cash flow.

For example, if a manufacturer,

To continue reading click here

For more detailed inofrmation, visit Swipe Blogs

[pearlinacanonreal]

ram :3 happy late birthday to her

[shaaviprofessionalpvtltd]

File Your GST Return On Time (Avoid the last-minute rush)

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[suvitfintechprivatelimited]

Common Mistakes to Avoid When Managing GST Ledgers in Tally

Goods and Services Tax (GST) is a comprehensive indirect tax levy on the manufacture, sale, and consumption of most goods and services in Bharat. It was introduced on July 1, 2017, to subsume multiple indirect taxes, such as excise duty, value-added tax (VAT), service tax, and central sales tax (CST). GST ledgers in Tally are used to record all GST transactions, such as sales, purchases, and expenses. It is important to avoid mistakes in GST ledgers, as this can lead to penalties from the GST authorities.

[car-stuff]

Creds to (x)