GST on sale and leaseback transactions

GST on sale and leaseback transactions

A sale and lease back (hence referred to as “SLB”) transaction is a financial transaction in which one person sells an item and then leases it back for a long period of time. This means that the asset is used but not owned. Following the purchase of an asset, the buyer engages into a long-term …

Business Valuation Process

Business Valuation Process

In this post, we’ll go through the business valuation process, the many methods for valuing a startup, and why having competent specialists when appraising a firm is critical. The process of determining a company’s value is known as business valuation. It is an analytical technique for determining the value of a firm, property, or asset …

Goods and Service Tax Return Filing

Goods and Service Tax Return Filing

Want help filling out your GST returns once you’ve completed your GST registration? Virtual Auditors come to your aid. The Goods and Services Tax (GST) is an indirect tax paid on the sale of goods and services that was introduced by the government in 2017. Every ordinary business must file a tax return on a …