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Introduction As per the GST Act, Cab services are taxable services. When services are provided via cab aggregators like Ola or uber then also GST is chargeable. However, metered taxi and auto rickshaws are exempt from GST including Ola Auto. In this …

38th GST Council meeting is held on 18th December 2019 in New Delhi. Many rumours were in market regarding GST rate increase for some items, GST rate of 5% increase to 6%, merger of 5% and 12% into one slab of 10% …

E-commerce platforms like amazon, filipkart, snapdeal has expanded with a great speed. These platforms allow other traders on sell on these platforms. A trader is required to get registered under GST to be able to sell on these platforms. Here is a …

Legal Basis As per Section 24B, interest paid on a home loan shall be allowed as a deduction at the time of computing income from house property. Section 48, 49 and 55, suggest the manner of computation of capital gain and the …

A taxable person can apply to the commissioner under Section 80 of CGST Act for extension of time for payment of GST, Interest, Penalty or any amount under GST.  The taxable person can also apply for payment in instalments. The main condition …

As per Section 2 (68) of CGST Act “job work” means any treatment or process undertaken by a person on goods belonging to another registered person and the expression “job worker” shall be construed accordingly. Registration (Section 22) The supply of goods …

Beginner’s Guide to GST This guide is for businessmen and students who wants to have a basic working knowledge of GST. The guide is arranged in a logical manner and written in easy to understand language. We recommend to read chapters one …

What is Co-operative Housing Society Co-operative housing societies are the entities registered under the co-operative laws of the respective state and which provide its member’s amenities and services relating to housing. In simple words, it is a collective body of persons, who …