Tally ERP 9 is a comprehensive enterprise resource planning (ERP) software designed to manage a wide range of business functions, including accounting, inventory, payroll, taxation, and compliance.

For example, if a vehicle is bought for Rs 10 lakh this year, then its value will come down to Rs 9 lakh next year, considering the rate of depreciation is about 10%. In cases where such a margin is ...

The GST Council has recommended an increased 18% tax rate on used car sales of electric vehicles (EVs), along with specified petrol and diesel cars The GST Council has recommended an increased 18% ...

【星岛都市网】随着新年的临近，加拿大人在1月份可以获得新一期的联邦福利金，包括返还GST/HST抵免。 据Narcity报道，GST/HST ...

Only “registered persons” — mainly businesses involved in purchase and sale of used vehicles — are liable to pay Goods and Services Tax (GST) on sale of old and used vehicles, and that too only if a ...

After the public backlash over the increased tax on caramelised popcorn, the 18 per cent Goods and Services Tax (GST) on selling old ... selling it for ₹9 lakh in the name of a second-hand ...

During its 55th meeting, the GST Council clarified the tax treatment for popcorn after a request from Uttar Pradesh to specify the GST rate for popcorn seasoned with salt and spices. Listen to Story ...

The GST Council clarified rules for old vehicle sales, setting an 18 per cent tax on seller margins, exempting private sales and negative margins, and simplifying taxation for used and electric ...

The following FAQs provide clarity on the Goods and Services Tax (GST) applicable to the sale of old and used vehicles, including electric vehicles (EVs). The GST Council has recommended a unified 18% ...

Five big bangs that shook the corporate world in 2024 If an individual sells old and used car to another individual, GST would not be applicable. Sources said where the registered person has claimed ...

Experts in the field on Tuesday clarified that the GST Council has not recommended the imposition of any new tax for old and used vehicles in the recent meeting. The experts clarified that the ...

Goods and Services Tax (GST) is an indirect tax in India levied on the supply of goods and services. It is a multi-stage, destination-based tax replacing earlier taxes like VAT, service tax, and ...