Transitional Provisions related to Input Tax Credit under GST

Introduction: An important query related to the transitional provisions under GST is regarding the treatment of VAT and CENVAT credit, in respect of stock held on 30 June 2017. The treatment will depend on the nature of registration of the organization under the present laws. Transitional Provisions for Input Tax Credit (ITC): Every registered person

GST Council Meetings – Timeline and their announcements

Introduction: The GST Council will consist of: the Union Finance Minister (as Chairman), the Union Minister of State in charge of Revenue or Finance, and the Minister in charge of Finance or Taxation or any other Minister, nominated by each state government. All decisions of the GST Council will be made by the three-fourth majority

Invoice related queries in GST

Introduction: Invoice is a document, which records the terms of an underlying arrangement between parties. An invoice does not bring into existence an agreement but merely records the terms of a preexisting agreement. GST requires that an invoice – tax invoice or bill of supply – to be issued on the occurrence of a certain

GST Registration Process & Relevant Dates

Introduction: Registration is the first step that enables a business to work under GST. Chapter VI of the CGST Act, 2017 and the rules made thereunder provide all about registration under the GST regime. There are about 80 lakh excise, service tax and VAT assessees at present, that are to be migrated to GST and

GST is a Hassle Free and Startup Friendly TAX Structure

  Summary: Workshop on GST for Startups organized by KDK Softwares on 3rd February 2017 at Startup Oasis About 40 startups attended the workshop on GST GST will eliminate the scope of double taxation in certain sectors Logistic costs goes up with 11 categories of taxes levied on the road transport sector GST will be

KDK Softwares Launches GST National Toll Free Helpline 18001039271

Jaipur, 4th January, 2017 A leading software development company of India in Taxation Domain, KDK Softwares (I) Pvt. Ltd. has launch a national “toll free helpline service” for resolving GST related queries. The toll free helpline will be available in 6 languages – English, Hindi, Gujarati, Marathi, Kannada and Malayalam. This toll free (1800 103

Depletion

The systematic allocation of the cost of a natural resource from the balance sheet to the income statement.

Customer is a King – 4 Solid Ways to Delight Customers Today

Customer is a king and they should always keep firmly in your focus. “Did you know totally satisfied customers have a repurchase rate that is 3-10 times higher than that of a somehow satisfied customer. This indicates that once you start delighting your current customers they are more likely to stay connect with your business

Secrets of Successful People

Everyone wants to be successful in their life. Nobody wants to lead a life like a minion with mediocre existence. There are plenty of habits that successful people share with each other. We came across a powerful info graphic by success story that differentiates the successful people from those who are unsuccessful.

March Mega Saving! Grab UPTO 50% OFF on All Products

Looking for the best Tax Filing Software in financial year 15-16 at best price? Choose KDK Softwares where you can get a wide range of products and can SAVE UPTO 50%* on All Products. We have the best solution for Income Tax, TDS, Service Tax, VAT, XBRL, RoC, Office Management Software, PDF Signer, e-AIR, CMA/PR and