What is the benefit of GST invoice?

What is the benefit of GST invoice? According to the new GST tax regime, companies are required to generate GST invoices for all their transactions. GST invoices have resulted in increased efficiency and transparency in how businesses are conducted in…

GST on Used Goods – Margin Scheme

GST on Used Goods - Margin Scheme As per the GST Council, GST shall apply to used goods or second hand goods as tax applies on the transaction value. However, if the concerned person registered with Margin scheme under GST,…

GST Invoice – Comprehensive Guide with Invoice Formats & Examples

GST Invoice - Comprehensive Guide with Invoice Formats & Examples GST invoice or tax invoice acts as a commercial document issued by a seller to a buyer. Entities registered under GST must issue GST invoice for every taxable supply of…