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Petition filed in Supreme Court to compulsory show “Country of origin” for all products on e- commerce site

Petition filed in Supreme Court to compulsory show “Country of origin” for all products on e- commerce site Introduction A writ petition has been filed under Article 32 of the Constitution of India seeking direction to formulate a law that mandates all the e-commerce industry/ business houses selling goods in India, through any channel to display the Country of Origin in such a way that is legible easily by the consumers; making the consumer’s aware of the ‘Country of Origin’ so as the Consumer can make an informed decision. Petition was raised on the following Questions of Law? Whether the consumer has the right to know the ‘Country of Origin’ or not so as to take a conscious decision? Whether Respondent shall attract penalties upon the e-commerce industry for non- disclosure of the ‘Country of Origin’ on the products they are selling, as it is nothing less than cheating with the consumers, as it is a matter of right for the consumers to be aware about the Country ...

Basic Guidelines for GST

                          

As if you are supplying, and in series of activities your business crosses the border line of aggregate turnover of Rs.10 Lakhs/20 Lakhs, then you will have to apply for registration within 30 days, you will have to issue the tax invoice on next taxable supply, you might be getting taxable in word supply then you will have to think for input tax credit, then you will have to pay the tax and to file returns post the end of tax period (month/ quarter, as per the case ) within due date.

      

some of abbreviations used in this gst blog

 

abbreviation                   full form

ARN                           Application Reference Number     

B2B                           Business to Business ( registered person to registered person)   

B2C                           Business to customer ( registered person to consumer)

BRN                           Bank Reference Number ( Transaction Number )

CA                            Chartered Accountant

CBEC                          Central board of excise and customs ( now, renamed as CBIC = Central board of Indirect Taxes and Customs)

CG/SG                         Central government / state government

CMA                           Cost and Management Accountant

CT                            Central Tax

ECO                           Electronic Commerce Operator

EBN                           E-way Bill Number

EVC                           Electronic Verification Code

GSTIN                         Goods and Service Tax Identification Number

GSTN                          Goods and Service Tax Network

GSTR                          goods and service Tax Return

HSN                           Harmonized System of Nomenclature

IGST                          Integrated Goods and Service Tax

ISD                           Input Service Distributor

IT                            Integrated Tax

ITC                           Input Tax Credit

ITR                           Integrated Tax Rate

PO                            Proper Officer

RCM                           Reverse Charge Mechanism

RP                            Registered Person

R/W                           Read With

SAC                           Service Accounting Code

SEZ                           Special Economic Zone

TCS                           Tax collected at Source

TDS                           Tax Deducted at Source

TOS                           Time of Supply

UIN                           Unique Identification Number

URS                           Unregistered Supplier

w.r.t.                        with respect to

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