Ray Kroc had an incredible vision when he opened the first McDonald’s store in Illinois back in 1967.
Depending on their Aggregate Annual Turnover (AATO) in the prior Financial Year, taxpayers are required to declare a least 4-digit or 6-digit HSN Code in table-12 of GSTR 1 in accordance with GST N
As a retailer, the last thing you want to tell your customers is “We are out of Stock”.
The ultimate objective of every taxpayer is to maximize their input tax credit or ITC while following all the conditions and rules of GST law. These conditions are:
Global eCommerce sales are expected to reach $6 trillion by 2024.
