CONCEPT OF GST

The concept of GST is basically a value-added tax that is levied on the manufacture, sale, and consumption of goods and services. this GST offers something known as a comprehensive and continuous chain of tax credits from producers or service providers spined but to retailers or say consumer level and here the taxation is happening

GENESIS OF GST IN INDIA

THE genesis of ideas in India was the Gelcoat task force in 2004 who recommended the fully integrated GST idea in India on a national basis. Central budget (2007-2008):-those inseminates and the government and its central budget are wise just due to being implemented. In India with the effort from April 1, 2010. but those

FEATURES OF INDIRECT TAXES

If we take India in the taxes one of the important sources of revenue and only in the world wide indirect tax is the major source of tax revenue and it continues to grow because many countries are actually shifting to the consumption tax regime, (a)In India more than 50 percent of the total tax

INTRODUCTION TO GST IN INDIA

(A)GST IN INDIA AN INTRODUCTION *background of taxes:-if you take any country it is actually the responsibility of the government to fulfill the increasing devolvement needs of its people and how the government can fulfill them by getting all public expenditure.If you take in India:-India is still a developing economy are striving to fulfill the

Short cut key in Quickbooks

This is the Short key to use my QuickBooks operation method properly. We use This short cut key and open my quick books system very easily first:- (CTRL + ALT + I ) This key i will open our invoice section very easily 2nd:-(CTRL + ALT + X ) This key we are open our

STATEMENT OF CASH FLOWS & OTHER COMMON REPORTS

The net cash increase for the period is XXXX amount indicated in item number five it is a total of three activities operating activities investing activities and the financial activities cash at the end of the period this is going to be the total of cash of the beginning of the period in this example

STATEMENT OF CASH FLOWS & OTHER COMMON REPORTS- 2

Statement of cash flow The statement of cash flows shows the flow of cash within the business, including where it came from and how it was spent during a specific time period. Cash flows is categorized into 3 types of activities 1 operating activities:- shown how much cash was generate from operating which make up