Category CA Amendments

Invoicing system under GST

Invoicing forms a crucial function when it comes to the execution of a transaction. The invoice becomes a basic document for recording the sale/purchase in books of accounts. Also Check : GST Applicability in CA CMA CS – Changes in Tax…

Valuation rules under GST

Valuation in GST Value of Supply Every fiscal statue makes provision for the determination of value as tax which is normally payable on ad-valorem basis. In GST also, tax is payable on ad-valorem basis i.e. percentage of value of the…