How to Find GST rates, right HSN/SAC Codes
How to Find Right HSN Codes and SAC codes for generating invoice under GST for accounting. Here I am illustrating some sources available over internet to get the right HSN code and tax rates. As we all know; HSN Code will be optional for tax payers having annual turnover up to 1.5 crore, but they… (0 comment)

how to get provisional id for gst enrolment?
Now its time to enrol into the new tax system GST.  All existing tax payers registered with state and central laws like central excise, VAT, Service tax ,Entry tax, luxury tax and entertainment are advised to migrate on the new new GST portal to validate existing data and fill up the remaining data required in… (13 comments)

How to apply for TAN Number?
Earlier we had a lesson on What is a TAN and about its structure. This time let’s learn how to apply for a Tax deduction and collection account number-TAN.There are two modes of applications.Online application and offline application. Online Application of TAN Online or offline, TAN Number shall be applied through Form 49B. Click the below link to… (0 comment)

What is a TAN Number?
TAN is Tax deduction and collection account number. TAN itself is a number so no point in writing as TAN Number.However generally people call TAN as TAN Number. So what is a TAN?. As it’s name says Tax deduction and collection Account Number is an account number allotted by Income tax department. As per section… (0 comment)

Tds on buying property from nri (Non resident)
TDS on buying property from a NRI is a complex subject. The buyer and seller is totally in dark about the TDS to be deducted in the case of buying/Selling an immovable property from NRI. The reason is that the section 194IA talks about TDS on sale of immovable property and sale of property by… (1 comment)