Small scale industries which are also called as MSMEs (Micro, Small and Medium Enterprises) are defined, categorized and dealt by the Micro, Small & Medium Enterprises Development Act, 2006. This particular act categorizes different scale of industries on the basis of investment in plant & machinery in case of manufacturing industries and on the basis […]
Tag Archives: Taxation
15
Jan
Jan
Goods and Service Tax was rolled out nationwide on 1st July 2017, marking a revolutionary change in the Indian taxation system to create one unified common market. The GST is a Value added Tax (VAT) proposed to be a comprehensive indirect tax levy on manufacture, sale, and consumption of goods as well as services at […]
08
Jan
Jan
A waybill is a document issued by a carrier giving details and instructions relating to the shipment of a consignment of goods. Typically it will show the names of the consignor and consignee, the point of origin of the consignment, its destination, and route. Most freight forwarders and trucking companies use an in-house waybill called a house bill. These typically contain “conditions of the contract of carriage” […]
01
Jan
Jan
Introduction The Goods and Service Tax (GST) is a very complex tax system, which simplifies the huge tax structure in India by supporting and enhancing the growth of Economic development of the country. GST is a comprehensive subject which levies the tax on various sectors of the economy such as manufacturing, sale, and consumption of […]