The main objective of any economy is developing, and trade plays an important role in achieving that objective of development. To stay competitive on a global scale, meet the customer demands and make available the quality goods, imports are done.…
Government to resolve inverted duty issues (textiles) by increasing burden on taxpayers: A complete mishap
GST council in its 39thmeeting held on 14th March 2020 at New Delhi had a detailed discussion on the matter “Increase in rate of Textiles” etc. to correct the inverted duty structure prevailing in the industry. But it was…
From port to customer: GST connection
To bring clarity to the provisions of GST and to reduce the ambiguity of the law, Advance Ruling Authority (AAR) was established. An Advance ruling is a written decision provided by the Authority or the Appellate Authority to an applicant…
Can ITC be availed after retrospective cancellation of suppliers’ registration?
Uninterrupted and seamless flow of input tax credit (ITC) is one of the key features of the Goods and Services Tax (GST) law. It is a mechanist avoid cascading taxes. As per the provisions of GST Law, every registered…
Get the right advice for your company’s tax planning by turning to tax consultancy firms
Taxation is a complex, intricate, and formidable field for many, and its guidelines frequently change year to year. Every business tries to do the work related to taxes correctly but not everyone has enough time, patience, and required experience to…
Do tax computation and tax returns filing properly by choosing tax firms in Delhi
Today, many companies have their own representative offices or do business with foreign partners. In this case, it is necessary to clearly understand international taxation, so as not to be in a dangerous situation. In addition, many organizations need tax…
Accounting services in Delhi as one of the keys to ensuring the competitiveness of your company’s activities
The advantages of being able to count on technological advances that evolve at every moment are innumerable, but the main thing for accounting is undoubtedly the possibility of generating information in an extremely short time and with a minimum margin…
Not qualified in the field of taxation? Make tax consultancy firms your companion
Do you want to know why hiring a tax consultancy may be the best option for your business? Then read on, as we will explain all the benefits of this service. Tax consultancy offers ways for the company to reduce…
Accounting: A truly strategic figure for the success of your business
Since accounting is a science that follows the transactions of all kinds of institutions and organizations, records, and concludes the transactions, Accounting Services in Delhi are extremely important for all businesses. Accounting is used not only by commercial organizations but…
Why should your company follow the Ind AS?
Companies prepare financial statements (income statements, balance sheets, etc.) at the end of the fiscal year. Every company is obliged to report its business performance and financial position to the stakeholders of the company, such as shareholders and creditors.…