How to differentiate Electronic Tax Liability Ledger with Tax Deductor?
What is Electronic Tax Liability Ledger? How does Tax Deductor work under GST regime? What are the difference between Electronic Tax Liability Ledger and Tax Deductor?
Under GST system, the following information explains about Electronic Tax Liability Ledger and Tax Deductor.
Electronic Tax Liability Ledger means the emphasis is on simplifying administrative procedures and bringing transparency in the system. India is moving towards digitization and the same idea has been captured by lawmakers while drafting the GST bill.
Tax Deductor Under GST means the person responsible for making the payment to vendor for the supplies obtained for.
The details about Electronic Tax Liability Ledger and Tax Deductor with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on Electronic Tax Liability Ledger and Tax Deductor, so as to enable you to have a clear idea on these shipping terms.
For your immediate reference, we give below web links on Electronic Tax Liability Ledger and Tax Deductor separately below. You may kindly read the below links to know more about Tax Deductor and Electronic Tax Liability Ledger.
Electronic Tax Liability Ledger Means
Tax Deductor under GST
The above information easily explains about Tax Deductor and Electronic Tax Liability Ledger.
I hope, you have satisfied with the difference between Electronic Tax Liability Ledger and Tax Deductor explained above. Do you have different thought on difference between Tax Deductor and Electronic Tax Liability Ledger?
Share below your thoughts about Electronic Tax Liability Ledger and Tax Deductor
Learn Exports Imports Free, Click here
Click here to know GST rate of your goods or service
How is IGST calculated under Imports?
How is IGST rate on imports treated?
GST and e-Commerce Business, FAQ
Definition of E-Commerce under GST
TDS under GST, Frequently Asked Questions
Does Interest attract on GST Tax payment delay?
Mechanism of Payment of GST tax in India
Levy of late fee for GST Tax returns filing in India
Notice to GST return filing defaulters
When to file Annual Return of GST online?
Procedures to claim reduction in output tax liability of GST in India
Procedures to claim Input Tax Credit under GST in India
When to file first Return of GST tax in India?
GST Tax returns filing – Who, How and When?
How is time of supply accounted under GST Tax Calculation
Valuation of GST under special cases
Valuation of GST Taxable supply
Term Taxable Turnover under GST
Term Two Rate Structure under GST
How does a Running bond work?
How does Bill of Lading work in DP payment terms?
How does Bill of Lading work in Sight LC
Transferability of Bill of Lading
Transhipment - A redefinition
Triangular shipment
Types of Insurance Documents
How to export from Central African Republic?
How to Import to Central African Republic?
How to import to India from Central African Republic?