Introduction to Goods and Services Tax (GST) In India the aim of implementing GST was to streamline the taxation system thereby, ensuring that the taxation system is simplified. The process…
Introduction Two of the crucial documents that you as a businessman encounter are vouchers and invoices. Sometimes people might use those words interchangeably. However, those two words mean different things.…
Introduction to Area-Based Exemption The area-based exemptions under the GST regime are very specific to location and the concessions are offered to the businesses that operate in that specific location.…
Introduction to GSTIN GSTIN or Goods and Services Tax Identification Number is an alphanumeric code that consists of 15 digits in total. It is used as an identification tool for…
Input tax credit refers to payment of tax which can be reduced if you have already paid tax on inputs. Input tax credit is vital feature of GST (Goods and…
