Tax Amount, Tax invoice, Tax Submission and IT filings
The tax amount deducted in the form of GST (Goods, Sales and Service Tax) when we purchase any product, material, item from a store that needs to be substituted with Invoice, the GST collected has to be submitted in the IT portal, and the returns has to be submitted with the IT department for that assessment year.
In this country there are lot of transactions that are not given bill, bills are given in manual paper, hence computerized bill generated from audited Softwares that includes auto submission, and etax filling should be mandatorily used.
No comments:
Post a Comment