What is Goods and Services Tax, and how to calculate GST?
GST is Indirect Tax system imposed by the Government on the utilization of the product on every stagge on net value. We have explained how to calculate GST on product with example.
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What is Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 is an amnesty scheme lodged in Finance Act 2019 (No. 2). It is a Tax Dispute Resolution scheme boldly introduced by the Prime Minister Shri Narendra Modi Government to unload the baggage relating to the past taxes viz. Central Excise and Service Tax that have been subsumed under Goods and Services Tax and allow business people to make a new beginning and focus on GST to address the unclosed disputes in Central Excise and Service Taxes.