GST
The Future of GST Compliance: Predictions and Trends
The Goods and Services Tax was imposed on July 1, 2017, in India to bring significant changes in the country’s indirect tax system. The main
July 17, 2024
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Business
GST Council Waives Interest and Penalties on Retrospective Notices For 2017–2020
The Goods and Services Tax (GST) Council has resolved to waive interest and penalties on retrospective notices for the period between 2017 and 2020, which
June 24, 2024
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Budget
53rd GST Council Meeting Scheduled for June 22 May Address Amnesty Scheme, Exemptions for Shipping, Airlines, and Budget 2024-25
As the new government is taking charge, the 53rd GST Council Meeting has already been scheduled for June 22, 2024, in New Delhi. The meeting
June 23, 2024
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GST Applicability
What Is Rule 143 of GST?
In the Indian taxation system, the Goods and Service Tax (GST) is one of the significant reforms. The primary purpose of GST is to make
June 15, 2024
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GST
How to Create a GST Ready Purchase Invoice
Introduction When it comes to business and taxes, making a GST Ready Purchase Invoice is really important. These invoices have all the info the tax
May 28, 2024
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GST compliance
Understanding GSTR-1 Filing & Statement of Outward Supplies (GSTR-1) in GST
Introduction GST compliance is crucial for registered taxpayers in India. The government has launched the GST portal to streamline taxation monitoring and created a unified
May 24, 2024
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GST
Understanding the Role of a Casual Taxable Person under GST
Introduction to GST GST, or Goods and Services Tax, is a unified tax on goods and services in India, introduced to simplify the tax
May 22, 2024
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GST compliance
New GST Returns – Overview, Forms, Invoices, ITC, Amendments, Offline Tool
Introduction to New GST Returns The central government introduced a simplified new GST returns system for taxpayers eligible to pay taxes on goods and services.
April 25, 2024
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GST compliance
जीएसटीआर-2बी और इसके घटकों में शामिल होने के बारे में आपको जो कुछ पता होना चाहिए।
परिचय जीएसटीआर-2बी एक स्वचालित आईटीसी स्टेटमेंट है जो महीने में एक बार तैयार होता है। यह विवरण आपूर्तिकर्ताओं द्वारा उनके जीएसटीआर-1/आईएफएफ, जीएसटीआर-5 और जीएसटीआर-6 फॉर्म
April 23, 2024
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GST
Understanding GST on Money & Securities, Financial Transaction
Introduction Money and securities are the foundations of a financial system. The medium that allows the exchange of services and goods is money. Securities represent
April 14, 2024
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GST
GST Compliance Requirement Checklist for the New Financial Year
A well-prepared GST Audit Checklist acts as a road map, directing firms through the many requirements, documentation, and procedures involved in a GST audit. This
April 12, 2024
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GST
GSTR-2B दाखिल करते समय सामान्य त्रुटियां जिनसे आपको बचना चाहिए
परिचय कई व्यवसाय मालिकों, विशेषकर आपूर्तिकर्ताओं को GSTR-2B दाखिल करते समय समस्याओं का सामना करना पड़ता है। एक करदाता के रूप में, आपको GSTR-2B जमा
March 30, 2024
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GST
GSTR 3: Return Filing, Eligibility, Rules and Format
Introduction Dealing with tax duties is critical for any company. Businesses in India must file multiple returns within the country’s Goods and Services Tax (GST)
March 24, 2024
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GST
Understanding GST Neutralization Reactivation Process
Introduction to GST Neutralization Before the implementation of the Goods and Services Tax (GST), the Indian taxation system was complicated. It included a combination of
March 21, 2024
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GST
Understanding the Applicability of GST on Proforma Invoices
Introduction GST, or Goods and Services Tax, simplifies the tax system by combining various indirect taxes on the sale of goods and services. For example,
March 2, 2024
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GST
Integrating GST Compliance into Your Business Strategy
Compliance with the legislation governing the Goods and Services Tax (GST) is not only a legal need in the current corporate scenario, but it is
February 20, 2024
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E-way Bill
End-of-Year GST Checklist for Indian MSMEs
Coming toward the end of the year, it is a must for small and bigger businesses in India to look back and see to it
February 19, 2024
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bill to ship to place of supply
A Guide for the Rules That Apply to Place of Supply in Bill to Ship to Scenario
In business involving the supply of goods, we often come across a situation where the billing address and the shipping address of the goods are
February 18, 2024
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GST
Unleashing the Benefits of GST: Why Every Company Should Prioritize Compliance
Introduction to Goods and Services Tax (GST) The Goods and Services Tax, commonly known as the GST, established the groundwork for an extensive overhaul of
February 10, 2024
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E-way Bill
Comprehensive Transport Documents: The Backbone of Smooth and Compliant Goods Movement
The movement of goods forms the lifeline of trade and commerce. However, the very act of transporting merchandise across geographies can become procedurally challenging if
February 5, 2024
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GST Calculation
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
February 1, 2024
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GST
How to Manage GST Returns with Monthly Schedule
GST is a destination-based consumption tax that is applicable on the supply of goods and services. By subsuming multiple state and central taxes, it has
January 22, 2024
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GST
Detailed GST Compliance Calendar December 2023
1.1 Introduction GST, or Goods and Service Tax, is a form of indirect tax that has helped the nation’s regulatory bodies replace different forms of
January 21, 2024
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GST
Issues Faced While Filing GSTR 9 and GSTR 9C
Towards Goods and Services Tax (GST) compliance in India, businesses are seldom observed struggling with the complications of filing returns. These businesses can benefit from
January 20, 2024
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E-Invoicing
Latest GST and E-invoicing Updates Simplified
What is the Goods and Services Tax (GST) system in India? It’s like a big makeover for taxes, all about making things smooth and organized.
January 20, 2024
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GST
How to Obtain a Sales Summary in the GST Portal
All normal and casual registered taxpayers making outward supplies of goods and services with a yearly revenue exceeding the specified threshold limit must register for
January 19, 2024
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GST
GST Regular Taxpayer Accounting
GST (Goods and Services Tax) is an indirect tax levied on the supply of goods and services in India. Understanding and complying with GST regulations
January 18, 2024
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GST
Advantages of Being a Regular Taxpayer under GST
Goods and Services Tax (GST) is a comprehensive tax reform implemented in many countries, aimed at replacing multiple indirect taxes with a unified tax structure.
January 15, 2024
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GST
GST Registration Documents Checklist for Small Businesses
GST registration is a crucial step for small businesses operating in countries where Goods and Services Tax (GST) is applicable. It is a legal requirement
January 13, 2024
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E-Invoicing
How to Use Technology to Make Tax Compliance Easier?
Managing tax is one of the crucial elements for small and medium sized businesses that have limited resources. It is the era of technology, where
January 3, 2024
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GST
Strategic GST Advisory: Building Large Business Success
Strategic GST advisory has become increasingly important in the contemporary business environment, particularly for large enterprises. With the Goods and Services Tax (GST) implementation in
January 3, 2024
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GST
Uploading a JSON File to the GST Portal: A Comprehensive Guide
Uploading a JSON file on the GST portal is an essential step in managing your GST compliance. This guide makes this important process straightforward, outlining
January 3, 2024
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GST
Different Types of Documentation Required for GST Compliance
Did you know the GST intelligence department has detected an evasion of Rs.1.36 trillion by the year 2023? One of the most common reasons behind
December 31, 2023
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GST
How to File GSTR-10?
Introԁuсtion Filing Gooԁs аnԁ Serviсes Tаx Return-10 (GSTR-10) is а сruсiаl steр in the reаlm of GST сomрliаnсe, esрeсiаlly for those businesses thаt hаve сeаseԁ
December 22, 2023
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GST
What is Included in GSTR-9 Part 2?
Introduction The Gooԁs аnԁ Serviсes Tаx (GST) frаmework, а trаnsformаtive tаxаtion system, hаs revolutionizeԁ the Inԁiаn inԁireсt tаx lаnԁsсарe. Within this frаmework, GSTR-9 Pаrt 2
December 22, 2023
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GST
How to File GSTR-9?
Introԁuсtion Filing the Gooԁs аnԁ Serviсes Tаx Return 9 (GSTR-9) is а сruсiаl аsрeсt of сomрliаnсe for businesses oрerаting unԁer the GST regime. As businesses
December 21, 2023
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GST
GSTR 9C Self-Certification: How You Need to Prepare as a Finance Head?
GST has undoubtedly changed the face of indirect taxation in India since its launch in 2017. But while GST does help simplify taxation for businesses,
December 20, 2023
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GST
Amendments and Updates to Regular Taxpayer Registration: Staying Compliant
The Government brings new updates from time to time in the Goods and Services Tax. The GST tax mechanism was introduced to ease the complexities
December 20, 2023
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GST
Understanding GST Threshold Limits and Exemptions: Essential Guide
Goods and Services Tax is one of the excellent tax provisions in the Indian taxation system. As per this mechanism, if a business’s annual sales
December 19, 2023
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Billing Software
Impact of GST: Invoice, Simplified Tax System and Reduce Compliance Burden
Introduction Goods and Services Tax (GST) was introduced to overcome the confusing and complex multiple tax systems. GST eliminated the need for indirect taxes like
December 18, 2023
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CaptainBiz
Online vs. Offline GST Billing Software: Making the Right Choice
Introduction The unified taxation system of India, GST, has stringent compliance requirements. Businesses must maintain accurate records of all their financial transactions to comply with
December 18, 2023
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