GST Interest calculation, interest on reversal & refunds How to calculate interest on the late payment of GST? Interest applies to the late payment of GST. Section 50 of the Central Goods and Service Act 2017 states the following provisions. (1) Every person who is liable to pay tax in accordance with the provisions of…
ICAI next CA Articleship exam – Registration, Results, and updates Refer latest exam dates from Pttest.icai website. The students who have appeared in the earlier test(s) and wish to improve their performance/ grade can re-appear in this test. Similarly, the students who have registered for the earlier test(s) but could not appear due to some…
Ultimate guide on becoming Chartered Accountant in India In this article, we have covered the entire journey of how to complete a CA course – the challenges faced, tips and tricks required to crack exams, fee structure, Articleship struggles, and ultimately attempting CA final exams. Chartered Accountancy is one of the most challenging courses in…
CA Articleship Exam (Practical Training exam) at pttest.icai Latest update on CA Articleship exam Refer latest exam dates from Pttest.icai website. The students who have appeared in the earlier test(s) and wish to improve their performance/ grade can re-appear in this test. Similarly, the students who have registered for the earlier test(s) but could not…
All about job work in GST Job work in GST is an outsourced activity undertaken by the principal that may or may not culminate into manufacture. For example, An automobile company sends spare parts to a job worker for coating. Coating here is an outsourced activity performed by a third party. Define Job Work? Section…
GST Audit and GST Audit Checklist In this article, we have discussed the points to be checked in GST Audit and later we have provided a GST Audit checklist. A taxpayer registered under GST will undergo GST Audit which would involve examination of GST returns, documents, accounting records to identify any possibility of GST evasion….
8 top tips to score an exemption in CA IPCC Audit The audit is a subject that everyone assumes as a theoretical subject but in reality, it is more of a practical approach. In this article, we have made efforts to help students clear the CA IPCC Audit exam easily and even score an exemption….
