Job work means any treatment or process undertaken by a person on goods belonging to another registered person. So registered person need to send inputs/capital goods to job worker to do job work. To send these inputs/capital goods without payment of tax only on challan basis – Job Work provision under #GST comes into force. …
Month: March 2021
Accounting and Bookkeeping Services
Whether you’re a start-up or an existing company, keeping track of your finances is essential in making good business decisions. The practice of keeping and preserving financial records has changed over time in response to modern accounting and bookkeeping strategies and rules. Every business owner needs to know not just how much money his company …
GST Return Filing Services
GST is a major indirect tax reform in India, unlike anything the country has seen since independence. GST was implemented to make indirect taxation easier, reduce complexities, and eliminate the cascading effect. Depending on the type of business, all registered businesses must file a monthly, quarterly, or annual GST return. GST returns are submitted electronically, but …
What is the new Startup India Seed Fund Scheme?
India is home to the third-largest startup ecosystem, with almost 50,000 functional startups within the country. it’s predicted that startups in cities aside from Bangalore, Delhi, and Mumbai are likely to extend by 40% within the next decade. This makes seed funding for startups very relevant. during this post, we analyse the background and advantages …