GST has been a game-changing moment for the Indian taxation system. Since the introduction of GST tax collection and tax easiness have increased multiple folds. Since its introduction in 2016…
In the complex domain of taxation, navigating the intricacies of Goods and Services Tax (GST) is crucial for organisations. This complete manual ambitions to light up the complexities surrounding Summary…
Introduction to DRC 07 Summary Orders Have you ever thought about what will happen if you have a large sum of tax liability left Or what if you make some…
Introduction The tax system has a significant part to play in a nation’s growth. The government spend the taxes collected on the development of the nation. The infrastructure, healthcare, roadways…
Introduction In this article, we will be navigating through the Withdrawal of the GST Summary Assessment Order in Form ASMT-17. But first things first we need to understand what form…
Introduction Modern tax systems cannot function without the Input Tax Credit (ITC). It enables businesses to deduct the tax on inputs from the tax owed on outputs. However, implementing the…
Introduction An input tax credit is an incredibly powerful tool in businesses. The input tax credit means the Goods and Services Tax paid by a taxable person for the purchase…
The Goods and Services Tax (GST) system is devised in such a way that it presents businesses with a useful mechanism known as Input Tax Credit (ITC). ITC is a…
Introduction The indirect tax system in many countries has seen a lot of changes and improvements after the emergence of the GST system. GST has one major feature named Input…
Introduction The import of products and services is a crucial component of global trade and business. And in GST taxation, the imported goods and services are treated as supply. So,…
Introduction Customer is the king and companies take care of their customers. They keep on employing various strategies to impress customers and build better relationships. One such common practice we…
Introduction Ever thought about why you pay Rs.5 for a chips packet while its manufacturing and transportation cost is less than Rs.2.5 or you pay Rs.40 for a cold drink…
Introduction Businesses are prone to challenges. Every day you face one new challenge. One big challenge that Indian businesses have to face is the blocking of credit on Goods and…