Gst Enable Accounting Software

Please Wait .. Please Wait .. Transportation has very important role in business and the development of a country. Transportation of goods has a vital part in development of a business. Availability of raw material, packing material and plant and machinery from different part of the world and making the finished goods available to the customer in different part of the world depends upon the transportation system. Goods become cheaper and expensive depending on the transportation cost. The government has given separate rates of transportation of goods through different modes of transportation under GST. Transportation of some of the goods have been kept out of the ambit of GST. Goods are transported by using following means of transportation: - ·          By Air ·          By Water ·          By Road a.       Rail b.       GTA ·        By Courier agency Transport of goods by Air S. No. Particulars Whether taxable or not under GST? Tax r

There was lot of murmuring going on in general public about the heavy levy of GST on eating out. There is lot of buzz that such levy has not only make a big hole in the pocket of common man as eating out is nowadays very common because of various reasons. Such heavy rate has also motivated some scrupulous element to evade tax, some of the postings at social media has suggested that the amount has been charged on account but has never been deposited with Government. In the wake of all this the Government has taken bold steps and has completely changed the GST levy on food and restaurant services. As per the Central Government  notification No. 46/2017-Central Tax (Rate) dated November 14, 2017  has made some sweeping changes in GST rates of restaurant and other services: S. No. Description of Services Rate Remark Supply, by way of or as part of any service or in any other manner whatsoever, of goods, being food or any other artic