Category: Billing

There are two components of GST, i.e., CGST + SGST: For same state transactions IGST: For Inter state Transactions Business Centres and Coworking Spaces operate in the commercial equivalent model as that of an accommodation in a hotel. Hence, It becomes important to know whether the Rent received in a case of same state transaction or, inter-state

The Member entity shall be entitled to deduct tax at source (TDS) on the amounts paid towards Fee and services, in accordance with the provisions of the Income Tax Act 1961 as applicable from time to time. TDS @ 10% to be deducted in case the Membership fee payable during the respective Financial Year is