GST

The induction of Goods and Services Tax (GST) in India is a significant shift from the current tax regime. It is presumed that the service sector shall hav...

India has one of the largest Pharmaceutical Industries in the world, with the country’s healthcare service sector slowly becoming the medical tourism des...

The advent of Goods and Services Tax or GST has been a monumental milestone in the history of the tax regime in India. With GST replacing the old indirect...

Export can be understood as a process in which goods are sent outside India. Modes of transport for goods taken outside the country will include land, air...

Composition scheme under GST is an alternative method of levying tax on the supplies of small taxpayers. This article aims to throw light on the meaning, n...

In the real estate industry, a business model known as the Joint Development Agreement (JDA) is often an examined model. The real estate sector has undergo...

Audit in general terms means inquiry, verification of the documents, events, and processes for verifying the facts and also to conclude the accuracy of rec...

In the current scenario, the goodwill attached to the brands is an essential guiding factor for the consumers to decide on the purchase of the brand produc...

The Department issues circulars to provide any clarifications to a large number of people regarding the decisions taken or to communicate the decisions mad...

The theory of Input Service Distributor (ISD) is in existence since the Service Tax Regime. According to the CENVAT credit rules 2004, Input Service Distri...

Audit documentation is a written record, including electronic documents that are prepared during the course of the audit. The audit documentation forms the...

Liquidated damages are a common term used by the parties under a contract. Concerning the implication of indirect taxes, both in the previous law and also...