Accounting knowledge

Introduction Goods and service tax ( GST)is combination of all indirect  tax of india. All of the indirect  tax like value added tax (Vat) , central service tax (Cst), sales tax , Import Duty, Service tax etc. It was also combination tax of goods and service . What is indirect Tax? When you paid tax to government indirectly then it was called indirect tax .you paid this tax thought third party to goverment. When you purchase some goods or service you paid this tax to seller. and seller paid this tax to goverment . What is Directed Tax? Directed tax is When person income some current assets or Fixed assets then the person paid the tax to the goverment. Exzample of direct tax is Income tax. What is Difference Between before indirect tax a nd after indirect tax (GST)? Before you paid all of indirected tax in different pride of the year . But you paid Gst in a one period of the year . When you Open a Business you apply Difference tax for Goods and service differently ...

Introduction : E-commerce is a online shopping market where a company make the online market for the the sellers. Where customers purchase products through online using internet from home . we can say that E-commerce is a linker between seller and customers. In here of process when a cusntomer buy his product. seller send the product to e-commerce company. and e-commerce company deliver the product to customer. Customer make the payment the Amazone. Example : Amazon , Flipcard , Ebay is not seller. Seller sales his products on Amazone.com and customer purchase products from Amazone.com. What is the Profit of e-commerce through this Process ? When customer purchase a product and make payment then e-commerce company take a percentage of selling product price. Exzample : product price 50000 ecommerce take percentage 10% so seller gain the price ( 50000 -10%) = 45000 and ecommerce take 50000.