Author name: finactservices.com

It means the liability to pay tax by the recipient of supply of goods or services or both instead of […]

means any Government, local authority, governmental authority, an individual or any other person not registered and receiving online information and

It means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable

It means the Indian legal tender or any foreign currency, cheque, promissory note, bill of exchange, letter of credit, draft,

It means processing of raw material or inputs in any manner that results in emergence of a new product having

It means a claim to any debt, other than a debt secured by mortgage of immovable property or by hypothecation

Consideration in relation to the supply of goods or services or both includes: any payment made or to be made,

It includes – (a) any trade, commerce, manufacture, profession, vocation, adventure, wager or any other similar activity, whether or not

It means (a) a “Panchayat” as defined in clause (d) of article 243 of the Constitution. (b) a “Municipality” as

It means, — (i) the spouse and children of the person, and (ii) the parents, grand-parents, brothers and sisters of