Explore the vast landscape of GST such as GST information in different languages, GST billing software, GST calculator, e-invoicing, e-way bill, reverse charge mechanism (RCM), input tax credit (ITC), GST filing, GST return, GSTR, HSN code, finance, taxation and more.
Whether you’re a business owner, tax professional, or someone eager to stay informed, CaptainBiz is your go-to resource for GST guidance and billing software.
GST Registration – Who can opt for the Composition Scheme?
Introԁuсtion: In the complex GST landscape, businesses must navigate key compliance decisions. Among them, the Composition Scheme stands out as a vital option for small
Is GST Payable On Advance Payment Received for Goods
Goods and Services Tax (GST), a unified tax system, has significantly changed how taxes are levied in various countries, with India being a notable example.
What Is Included in QRMP Part 3 CMP – 08?
Understanding the Goods and Services Tax (GST) can, therefore, be complex for taxpayers, especially given the range of components and forms necessary for compliance. As
What Happens When A Customer Makes An Advance Payment For A Supply?
Advance payments play a pivotal role in business and finance, especially under the Goods and Services Tax (GST) regime. When a customer makes an advance
How to Pay Your Output Tax Liability in QRMP Part 2 GSTR – 1?
Paying your output tax under the QRMP (Quarterly Return Filing and Monthly Payment) Scheme can be challenging. However, introduced by the CBIC from January 2021,
How is the Time of Supply Determined for a Continuous Supply of Services?
The GST regime brought about a significant shift in how services are taxed, particularly in the case of continuous supply. Determining the time of supply
How to Calculate the Output Tax Liability in QRMP Part 2 GSTR – 1?
Calculating output tax liability under the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme, particularly in Part 2 GSTR-1, is crucial for businesses
What Is Included in QRMP Part 2 GSTR – 1?
This table clearly outlines the key components of QRMP Part 2 GSTR-1, thereby assisting businesses like ABC Pvt Ltd in making informed decisions and ensuring
What is a Continuous Supply of Services?
The introduction of GST in India marked a significant overhaul in the indirect tax system, impacting both goods and services. A key aspect under this
How is The Time of Supply Determined For a Continuous Supply of Goods?
The Goods and Services Tax (GST) has revolutionized the Indian taxation system, introducing several new concepts, including the time of supply for continuous goods. This
What is the Difference Between Inclusive and Exclusive Tax Computation?
A major component of financial transactions, taxes have an impact on both individuals and corporations. Taxpayers use two main approaches in taxation: inclusive and exclusive
Understanding Unique Identity Number (UIN) Compliance and Reporting in the GST Framework
Under the ambit of the Goods and Services Tax (GST) in India, the Unique Identity Number (UIN) serves as a distinctive identifier. Allocated to specific
When did the Union Parliament debate a constitutional revision project for six years and then pass it, with sixteen states ratifying it in two months?
Impact of GST on Environmental Sustainability in India
Goods and Services Tax (GST) was introduced in India in July 2017 as an indirect, multi-staged tax. It integrated cascading taxes imposed at the federal
The Indian economy heavily depends on Micro, Small, and Medium Enterprises (MSMEs), which actively drive economic growth. Additionally, the Small and Medium Enterprise (SME) sector
