Selecting the most versatile enterprise software is a task that has to be done rightly for any business. The ease of functionality and establishment of seamless integration in between the departments is a common requirement of any organization; but there are unique requisites to be fulfilled for each company like the company protocols, security of…
We have previously discussed situations where the place of supply is determined based on no movement of goods. In this article, we aim to discuss the place of supply with movement of goods taking place. Scenario 1 Tech Cart Electronics is a registered computer parts dealer in Mumbai, Maharashtra. It supplies 20 computers and laptops…
Transitioning under the GST is imperative for all businesses once the GST regime sets in. Every business must understand what category it falls under to ensure smooth transitioning from the erstwhile indirect tax regime into the GST regime. Review of accounting procedures, procurement and logistic decisions, and finally availing of Input Tax Credit (ITC) under…
As the GST has been rolled out, a lot of speculation has gone into understanding the changes that the tax has brought and effects it has had on various businesses from both the supply as well as the customer’s end. Considering this, you must be ridden with questions ranging from what to ask your tax…
Under the GST, the Composition scheme has been rolled out which provides a much easier and simpler method of compliance for small dealers. The GST Composition Levy Scheme is considered to be highly convenient for small dealers as they are equipped to pay taxes only at a certain percentage of the turnover, file quarterly returns…
With respect to the GST, there are two kinds of taxes levied on supply – on the intrastate and the interstate. The central government and the respective state governments levy taxes on the intrastate supplies. Additionally, there are taxes levied on goods and services within Union Territories known as the Union Territory GST. As of…
Project Management Software is a tool used to make optimum utilization of the resources within an organization. It assists in the management of employee data, time records, information of past and present clients as well as organizing tasks based on prospective projects. Why should one utilize a Project Management Software? Project management tools are very…
Project Management is the most important tool in today’s world in terms of optimum utilisation of resources within an organisation. Management is required in every step of the way towards achieving organisational goals – be it managing employees or managing assignments. Technology and management together can make management tasks simple and productive. This is where…