Discount Calculator

Discount Calculator LEDGERS has added a feature called the Discount Calculator to help the users of the software find the right taxable value amount while providing discounts. Discount calculator enables the users to easily calculate the final amount to be charged…

Zero Rated, NIL, Exempted and Non-GST Supply

Zero Rated, NIL, Exempted and Non-GST Supply The terms zero rated, nil rated, exempted and non-taxable supply under GST have always been misused and misinterpreted. There has always been confusion regarding the said terms and the said confusion still prevails…

GST Demand Notice

GST Demand Notice The Goods & Service Tax (GST) is payable on self-assessment basis i.e. assessee himself has to determine it’s tax lability. If the determination of assessee goes wrong i.e. assessee has short paid any taxes or not paid…

GST Tenancy Rights

GST Tenancy Rights Tenant-right is a term in the common law system expressing the right to compensation which a tenant has, either by custom or by law, against his landlord for improvements at the termination of his tenancy. The transfer…

How to Generate E-Way Bill

How to Generate E-Way Bill An eway Bill is an ‘electronic way’ bill for movement of goods which can be generated on the eWay Bill Portal. Transport of goods of more than Rs. 50,000 (Single Invoice/bill/delivery challan) in value in a…