
HSN Code vs. SAC Code: Understanding the Difference
Business owners and service providers must accurately determine the HSN code or SAC code applicable to their products or services. These codes must be correctly
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.

HSN Code vs. SAC Code: Understanding the Difference
Business owners and service providers must accurately determine the HSN code or SAC code applicable to their products or services. These codes must be correctly

India’s MSME Sector: A New Dawn with Budget 2025’s Transformative Measures
Introduction On February 1, 2025, as India’s Finance Minister Nirmala Sitharaman unveiled the much-anticipated Budget 2025, the corridors of small and medium enterprises buzzed with

GST Calculation Formula: A Comprehensive Guide For Sales And Purchases
Introduction to goods and services tax (GST) GST is also claimed to be a form of indirect tax that is to be paid on the

How To Pass Accounting Entries Under GST
Introduction to GST and Accounting Entries While we are all familiar with the concepts and calculations of GST, the key elements of GST remain on

Challenges And Best Practices In Managing Place Of Supply For Imports: Accuracy And Compliance
Introduction Businesses, both old and new, need to have a thorough understanding of the place of supply, as it holds significant importance in national and

Advantages of E-waybill: Efficiency, Transparency, and Reduced Checkpoints
In October 2023, the E-waybill system hit a record high, with 10.3 crore electronic permits generated for transporting goods across states. This surpassed the previous

Role of E-waybill in Curbing Tax Evasion and Ensuring Compliance
In 2020, Chartered Accountant Chirag Chauhan asserted to The Hindu Business Line that the introduction of e-waybills led to a significant 80% reduction in tax
Maximizing Efficiency with Sales Invoices and HSN Wise Summary/Annexure1
The sales invoice and HSN-wise summary are crucial components of compliance under the GST regime in India. Efficiency in the creation and reporting of sales

The Indian taxation landscape, governed by the Goods and Services Tax (GST), demands strict adherence to compliance protocols. To meet these requirements, businesses need meticulous

Types of Transactions Requiring E-waybill: Inter-state and Intra-state Movements
The Goods and Services Tax (GST) regime, introduced on July 1, 2017, heralded a transformative era in India’s indirect tax sphere. Central to this tax

Validity Period of E-waybill: Ensuring Timely Delivery
The Electronic Way Bill (e-waybill or EWB) is a mandatory electronically generated document in the GST framework. It is essential for transporting goods exceeding Rs

E-Way Bill Generation Process: Step-by-Step Guide
The National Informatics Centre (NIC) launched the E-waybill system on April 1, 2018, as directed by the GST Council. Since its inception, the E-waybill system

Amendments and Updates to UIN Registration: Staying Compliant with Evolving Regulations
The niche of UIN (Unique Identity Number) registration operates within the dynamic framework of the Goods and Services Tax (GST) Act. Amendments and updates to

Free GST Calculation Tools: Are They Worth It?
Businesses constantly seek efficient solutions to navigate the complexities of Goods and Services Tax (GST). One avenue gaining prominence is the use of free GST

5 Features to Look for in Your GST Billing Software in 2024
Businesses, particularly in compliance and accounting, have encountered significant changes and challenges due to implementing GST. In navigating these transformations, dependable and efficient GST billing
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