Articles under GST

Bulk e-way bill generation

Bulk e-way bill generation steps   Bulk e-way bill generation facility is a simple solution for generating multiple e-way bills or consolidated e-way bills. A consolidated bulk e-Way bill is used when a user needs to generate multiple consolidated e-Way Bills in a one-time process.   Create bulk e-way bills on the e-way bill portal by following the steps Log on to www.ewaybill.nic.in Enter the User Name and Password, then the Captcha Code, and then click "Login"

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34th GST Council Meeting held on 19th March, 2019 - Major decisions

  Decisions taken by 34 th GST Council Meeting on 19 th March, 2019   34 th GST Council meeting held on 19 th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made by the council in its 33 rd meeting for lower effective GST rate of 1% in case of affordable houses and 5% on construction of houses other than affordable house. The council decided the modalities of the transition as follows.   Option in res

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33rd GST Council Meeting important decisions

33rd GST Council meeting held on 24 th February,2019 main recommendations   33 rd GST Council Meeting held on 24 th February, 2019 has made the key recommendations to boost the residential segment of the real estate sector. GST rate on under-development properties in ordinary class down to 5 percent from the prior 12 percent. The GST Council has additionally decreased GST rate for moderate lodging to 1 percent from the prior 8 percent. Be that as it may, engineers won't almos

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Explain Del-credere agent (DCA) under GST

What is Del-credere agent (DCA) under GST   A del-credere agent is a selling agent who is engaged by a principal to assist in supply of goods or services by contacting potential buyers on behalf of the principal. The factor that differentiates a DCA from other agents is that the DCA guarantees the payment to the supplier. In such scenarios where the buyer fails to make payment to the principal by the due date, DCA makes the payment to the principal on behalf of the buyer (effecti

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Functions of National Anti-Profiteering Authority (NAA)

National Anti-Profiteering Authority (NAA)- Functions   The National Anti-Profiteering Authority (NAA) is required to determine whether the benefit of input tax credit or reduction in the tax rate has actually resulted in a commensurate reduction in the price of the goods or 555 services or both. The NAA has the power to identify the registered person who has not passed on the benefit of reduction in tax rate or input tax credit by way of commensurate reduction in prices and it m

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