GST notes part 1of5
Unit – I: Introduction to Goods and Services Tax 1. Goods and Services Tax (GST): Definition: GST is a comprehensive indirect tax levied on...
Unit – I: Introduction to Goods and Services Tax 1. Goods and Services Tax (GST): Definition: GST is a comprehensive indirect tax levied on...
Unit – II: Registration 1. Persons Liable for Registration: Threshold Limit: Individuals or businesses with an aggregate turnover exceeding...
Unit – III: Goods and Services Valuation and Tax Invoice 1. Definitions of Goods & Services Valuation: Goods Definition: Goods refer to ...
Unit – IV: Payment of Tax 1. Payment of Tax: Regular Payment: Taxpayers are required to make regular payments of Goods and Services Tax (GST...
Unit – V: Returns, Demand and Appeals 1. Returns Meaning: Definition: Returns refer to the periodic statements filed by a taxpayer to report...
Unit – II: Income from Salaries 1. Salaries: Meaning Definition: "Salaries" refers to the compensation or remuneration paid by an ...