Tax
Recently active
In my country, all amount of sales tax to be filled or paid are rounded to the nearest whole number. For example, 46.12 would become 46.00 and I am always stuck with the difference of 0.12 cents.
Original commenter did not share additional details
When product goes into a bonded warehouse both excise duty and VAT is suspended.When we take the product out of the bonded warehouse excise duty + VAT is payable; BUT also further VAT is payable on the "notional" cost of production...how do I have a VAT only line when accounting for the Bill or indeed account for a VAT only Bill ?
sales are lodged (QG on line)but I need to seperate these from vat which is obviously included in lodgment figure?
Dear team, We would like to generate e-invoice with GSTIN no. QR code for Government of india portal, as per 30 mandatory fields, Sl no is not available in the
When i am creating a product it is asking for entering a Tax rate. Upto here it is fine. But when I check the tax rates I have IGST,CGST or SGST to choose from which is not correct. On any product I should get an option just to apply the tax rate in %, then the IGST,CGST or SGST has to be calculated based on supplier address. Any help with step guidance will be appreciated.
