GST
Understanding GST Time of Supply for Goods and Services
The Goods and Services Tax (GST) is a significant tax reform introduced in India to simplify the taxation system and promote ease of business. One
November 18, 2023 No Comments
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Composite Taxpayer
GST Registration for Composite Taxpayers, Composition Scheme Under GST: A Guide
GST Registration is one of the most crucial registration and a business entity is not allowed to operate without GST registration, wherever applicable. Goods and
November 16, 2023 No Comments
GST
How to Avoid Making Mistakes When Claiming ITC on Banking Transactions
In the world of modern finance, where every transaction is meticulously documented and scrutinized, the ITC claims banking transactions often go underutilized. The introduction of
November 16, 2023 No Comments
GST
Special GST Registration Rules for Special Category States
The Goods and Services Tax (GST) has been a transformative taxation strategy in India, unifying a complex web of indirect taxes into a single, simplified
November 16, 2023 No Comments
GST
Top 7 Benefits of GST Registration in Special Category States
Introducing a pivotal transformation in India’s Tax Structure: Goods and Services Tax (GST). This monumental shift in the tax regime has profound implications, especially GST
November 16, 2023 No Comments
GST
Top 8 Drawbacks of GST Registration in Special Category States
Numerous Drawbacks of GST registration in special category states prevail as the impact of its implementation is far from uniform across the nation. Special Category
November 16, 2023 No Comments
GST
What are the Different Types of GST Registrations?
Goods and Services Tax (GST) implementation and its different types of GST registrations changed the history of taxation in India. These uniform tax systems eased
November 16, 2023 No Comments
GST
Top 7 Reasons Why Reconciling GSTR-2A Matters
In the complex landscape of GST in India, the GSTR-2A Reconciliation importance shouldn’t be neglected. Accurate and timely compliance with GST is a paramount concern
November 16, 2023 No Comments
GST
Best 7 Effective GSTR-2A Management Practices
Effective GSTR-2A management practices are pivotal when it comes to GST compliance. However, businesses in India face a lot of challenges during GST compliance. According
November 16, 2023 No Comments
GST
Unlocking Input Tax Credit: Understanding the Conditions under GST
In the realm of taxation, understanding the nuances of GST input tax credit (ITC) is crucial for businesses striving for financial efficiency and compliance. This
November 16, 2023 No Comments
GST
List of Special Category States Under GST in India
Special Category States under the GST regime in India are certain states and union territories that enjoy special status such as being exempted from customs
November 16, 2023 No Comments
GST
जीएसटी के तहत विभिन्न प्रकार के सामान क्या कर योग्य हैं?
परिचय जब से भारत में जीएसटी (वस्तु एवं सेवा कर) लागू किया गया, उद्यमियों और अंतिम ग्राहकों दोनों ने इसके लाभ और हानि के बारे
November 15, 2023 No Comments
GST
जीएसटी सेवाओं के लिए पंजीकरण प्रक्रिया को समझना
परिचय जीएसटी(माल और सेवा कर) के प्रारंभन के तुरंत बाद, सामान्य व्यापार कर टैक्स सिस्टम में सम्पूर्ण बदलाव देखा गया है । इस कदम ने
November 15, 2023 No Comments
GST
GST ಅಡಿಯಲ್ಲಿ ತೆರಿಗೆ ವಿಧಿಸಬಹುದಾದ ವಿವಿಧ ರೀತಿಯ ಸರಕುಗಳು ಯಾವುವು? GST in Kannada
ಪರಿಚಯ GST (ಸರಕು ಮತ್ತು ಸೇವಾ ತೆರಿಗೆ) ಅನ್ನು ಭಾರತದಲ್ಲಿ ಪರಿಚಯಿಸಿದಾಗಿನಿಂದ, ಉದ್ಯಮಿಗಳು ಮತ್ತು ಅಂತಿಮ ಗ್ರಾಹಕರು ಅದರ ಪ್ರಯೋಜನಗಳು ಮತ್ತು ನಷ್ಟಗಳ ಬಗ್ಗೆ ಅಭಿಪ್ರಾಯಗಳನ್ನು ಹಂಚಿಕೊಂಡಿದ್ದಾರೆ. ಆದಾಗ್ಯೂ, ಈ ಹೊಸ ತೆರಿಗೆ ಪದ್ಧತಿಯು
November 15, 2023 No Comments
GST
ಸರಕುಗಳಿಗೆ GST ನೋಂದಣಿ ಪ್ರಕ್ರಿಯೆಯನ್ನು ಅರ್ಥಮಾಡಿಕೊಳ್ಳಲು ಸಂಪೂರ್ಣ ಮಾರ್ಗದರ್ಶಿ
ಪರಿಚಯ ತೆರಿಗೆ ಪಾವತಿಯನ್ನು ತಪ್ಪಿಸುವ ಯಾವುದೇ ಕಾನೂನು ಪ್ರಕರಣವನ್ನು ತಪ್ಪಿಸಲು GST ಯ ಅರ್ಹತೆಯ ಅಡಿಯಲ್ಲಿ ಬರುವ ಯಾವುದೇ ವ್ಯವಹಾರವನ್ನು ನೋಂದಾಯಿಸಿಕೊಳ್ಳಬೇಕು. ನೀವು ಸರಕು ಅಥವಾ ಸೇವೆಯೊಂದಿಗೆ ವ್ಯವಹರಿಸುತ್ತಿರಲಿ, ನಿಮ್ಮ ವ್ಯಾಪಾರದ ವಾರ್ಷಿಕ ವಹಿವಾಟು
November 15, 2023 No Comments
GST
ಸರಕುಗಳಿಗೆ GST ನೋಂದಣಿಗೆ ಅಗತ್ಯವಿರುವ ದಾಖಲೆಗಳು ಯಾವುವು?
ಪರಿಚಯ ಭಾರತೀಯ ತೆರಿಗೆ ವ್ಯವಸ್ಥೆಯು ವಿಶೇಷವಾಗಿ ಜಿಎಸ್ಟಿ ಪೂರ್ವದ ಯುಗದಲ್ಲಿ ಸಂಪೂರ್ಣವಾಗಿದೆ. ಆದರೆ, ಜಿಎಸ್ಟಿ ಜಾರಿಯಾದ ನಂತರ ಇಡೀ ಆಡಳಿತವೇ ಬದಲಾಯಿತು. ಇಂದು, ಪ್ರತಿ ವ್ಯವಹಾರವು ರೂ. 40 ಲಕ್ಷ, ರೂ. 20 ಲಕ್ಷ
November 15, 2023 No Comments
GST
ಸರಕುಗಳ ಮೇಲೆ GST ಅನ್ನು ಹೇಗೆ ಲೆಕ್ಕ ಹಾಕುವುದು?- ಸುಲಭ ವ್ಯಾಪಾರಕ್ಕಾಗಿ ಸಂಪೂರ್ಣ ಒಳನೋಟ
ಪರಿಚಯ ಭಾರತೀಯ ವಾಣಿಜ್ಯೋದ್ಯಮಿಗಳು, ಅವರ ವ್ಯವಹಾರದ ಪ್ರಕಾರವನ್ನು ಲೆಕ್ಕಿಸದೆ, ಅವರು ತಮ್ಮ ಗ್ರಾಹಕರಿಗೆ ಸರಬರಾಜು ಮಾಡುವ ಸರಕುಗಳ ಮೇಲೆ GST ಪಾವತಿಸಲು ಕಡ್ಡಾಯಗೊಳಿಸುತ್ತಾರೆ. ಉತ್ಪನ್ನಗಳಿಂದ ವಿವಿಧ ಉದ್ದೇಶಗಳಿಗಾಗಿ ಬಳಸುವ ಸರಕುಗಳವರೆಗೆ, ಅದರ ಸ್ಲ್ಯಾಬ್ ಅಡಿಯಲ್ಲಿ
November 15, 2023 No Comments
GST
Compulsory Registration Under GST
Thе implеmеntation of thе Goods and Sеrvicеs Tax (GST) in India indicatеd a significant shift in thе country’s taxation systеm, aiming to unify and strеamlinе
November 11, 2023 No Comments
GST
GST on Advertising Services and Advertisement
Goods and Services Tax or GST has completely revolutionized the taxation system in India. It impacted several sectors or industries, and advertising is no exception.
November 11, 2023 No Comments
GST
GST Rates and SAC Code on Construction Services
Construction services play a crucial role in India’s economic framework, representing a substantial sector that makes an approximate 9% contribution to the nation’s GDP. GST,
November 11, 2023 No Comments
GST
Auditing and Certification Requirements for GSTR-9
GST has brought uniformity to the indirect tax system in India. Self-assessment and self-compliance form the foundation of the GST system. In this trust-based taxation
November 11, 2023 No Comments
E-Invoicing
E-invoice for Exporters: Streamlining Cross-border Tax Compliance
Cross-border transactions have emerged as a critical component of international trade, enabling the transfer of commodities and services between countries in an increasingly interconnected globe.
November 11, 2023 No Comments
E-Invoicing
E-invoice Implementation: Real-World Use Cases and Success Stories
E-invoice implementation is no longer just a theoretical idea but a genuine possibility of changing how companies run and engage with their financial procedures. Organizations
November 10, 2023 No Comments
GST
GST Information in Hindi – वस्तु और सेवा कर : संपूर्ण मार्गदर्शिका
“वस्तु और सेवा कर” यह भारत में लागू किया गया कर है जिसका उद्देश्य वस्तुओं और सेवाओं पर लगाये जाने वाले करों को संयुक्त रूप
November 10, 2023 No Comments
GST
वस्तु और सेवा कर (GST): जानकारी के लिए आपकी वन-स्टॉप शॉप
वस्तु और सेवा कर य़ह भारत सहित कई देशों में वस्तुओं और सेवाओं की आपूर्ति पर लगाया जाने वाला एक उपभोग-आधारित कर है. यह एक
November 10, 2023 No Comments
E-Invoicing
Best Practices for E-invoice Cancellation: Ensuring Accuracy and Compliance
Nowadays, canceling an E-invoice is a crucial part of running a contemporary business; therefore, it’s critical to ensure everything goes according to plan. Organizations must
November 9, 2023 No Comments
E-Invoicing
E-invoice in the Service Industry: Automation and Digital Transformation
E-invoice is not a novel concept. The EDI-Electronic data interface was used to create the first electronic invoice approximately 30 years ago, and since then,
November 9, 2023 No Comments
E-Invoicing
Challenges and Solutions in E-invoice Cancellation Process
The practice of electronic invoicing has become a game-changer in the dynamic world of modern business, where digital transformation is fostering unparalleled efficiency and innovation.
November 9, 2023 No Comments
B2C
The Power of E-Invoice in B2C Transactions
E-invoices are changing how B2C transactions are conducted in the fast-paced digital world of today. Businesses and consumers alike are embracing this revolutionary innovation due
November 9, 2023 No Comments
E-Invoicing
Amendments and Updates to E-invoice Cancellation Provisions
Remaining compliance with e-invoice cancellation laws is a significant problem for organizations worldwide in an era of continuously changing tax and regulatory landscapes. In addition
November 9, 2023 No Comments
GST
वस्तु और सेवा कर (GST): छोटे व्यवसाय के लिए वह सब कुछ जो आपको जानना आवश्यक है
वस्तु और सेवा कर, एक व्यापक और अप्रत्यक्ष कर है जो कई देशों में वस्तुओं और सेवाओं की आपूर्ति पर लगाया जाता है. इसे कई
November 9, 2023 No Comments
GST Return
How to Reduce Your Tax Burden Without Breaking the Law?
The Indian taxation system is one of the complex systems under which businesses have to pay heavy taxes. It takes up a significant portion of
November 9, 2023 No Comments
GST
वस्तु और सेवा कर (GST): एक जागतिक कर क्रांती
वस्तु और सेवा कर यह एक कर तंत्र है जिसका उद्देश्य विभिन्न प्रकार के करों को एकत्र करके सरल और एक संघटित करना है. यह
November 9, 2023 No Comments
GST
Tax Implications Of The New GST Regime
GST (Goods and Services Tax) is an indirect tax levied upon the trading of goods and services across the country. It was implemented on 1
November 9, 2023 No Comments
GST
वस्तु और सेवा कर (GST): २०२३ में वह सब कुछ जो आपको जानना आवश्यक है
वस्तु और सेवा कर यह भारत में कर प्रणाली का एक महत्वपूर्ण हिस्सा है जो १ जुलाई २०१७ से प्रभावी हो गया था. यह कर
November 9, 2023 No Comments
E-Invoicing
What are the consequences of issuing an invalid tax invoice for B2B supplies?
Consequences of issuing an invalid tax invoice for B2B supplies: The imposition of penalties for e-invoicing can significantly impact the cash flows and reputation of
November 8, 2023 No Comments
GST
Demystifying Reverse Charge Mechanism in GST: A Step-by-Step Guide
A reverse charge is a system in which the beneficiary of goods or services is liable for paying the Goods and Services Tax (GST) instead
November 8, 2023 2 Comments
GST
Online Billing vs. Paper Billing: Which is Right for Your Business?
Amid the ongoing digital transformation, businesses are constantly seeking to streamline their operations and increase efficiencies. Billing and invoicing are two of the most important
November 8, 2023 No Comments
GST
Impact of GST on India’s IT Sector
The GST regime has brought about significant changes in the taxation of the IT sector, affecting its cost structure, pricing, cash flow, compliance, and competitiveness.
November 8, 2023 No Comments
GST
Mastering Retail Management with the Role of Billing Software
Running a retail business can be a rewarding yet challenging endeavour. From managing inventory to providing excellent customer service, retail owners have their hands full.
November 8, 2023 No Comments
GST
Mastering GST Calculations in India – Your Guide to Using Online GST Calculators
Introduction to GST Levied on most goods and services sold for domestic consumption, GST, or Goods and Services Tax was implemented on July 1, 2017.
November 8, 2023 No Comments
CaptainBiz
Enjoy This Festive Season as CaptainBiz Takes Charge of Your Tasks
The festive season is upon us, and it’s a time to spread joy and celebrate with family and friends. However, it can also be a
November 7, 2023 No Comments
GST
The Role of GST in Tax Simplification
Complexity has always been a concern in taxes, leading to confusion, inefficiency, and, in many cases, a cost for companies. However, the implementation of the
November 7, 2023 No Comments
GST
The Use of GST Data for Tax Administration
The Goods and Services Tax, popularly known as the GST, is an indirect tax that replaced many indirect tax systems in India, including the excise
November 7, 2023 No Comments
GST
GST and The Fight Against Tax Evasion
Based on the principle of “one nation, one market, one tax,” the GST tax system is currently in effect and is the most significant tax
November 7, 2023 No Comments
GST
The Impact of GST on Tax Revenue
The Indian tax system has been the center of attention for the people in power and the common man alike. The GST tax revenue became
November 7, 2023 No Comments
GST
How Has GST Impacted the Indian Tax System?
With a pressing need for improved financial structures and the desperate call for a more streamlined taxing system, GST garnered significant popularity among Indian citizens.
November 7, 2023 No Comments
GST Return
Navigating GSTR-9 Filings: Comprehensive Guide on HSN Code Reporting and Compliance Penalties.
Every regular taxpayer under Goods and Services Tax (GST) in India is required to file GSTR-9. This is particularly true for taxpayers whose annual turnover
November 6, 2023 No Comments
GST
Applicability and Exemptions for GSTR-9 and GSTR 9C
The Goods and Services Tax (GST) has significantly reformed the indirect tax system in India. It aims to adopt information technology to simplify compliance and
November 6, 2023 No Comments
GST
Late Fees and Penalties for Non-Compliance in GSTR-9
The aim of implementing GST was to simplify compliance and streamline the indirect tax system in the country. GSTR-9 annual return filing is an important
November 6, 2023 1 Comment
GST
Can One PAN Card Be Used for Two GST Registrations?
GST created a uniform, efficient, and transparent indirect tax system in India and helped to realize the vision of ‘one nation, one tax,’ for the
November 5, 2023 No Comments
GST
FORM GST DRC-01A: Intimation of Tax Ascertained Payable
GST was introduced in India, aiming to streamline the indirect tax system in the country. It aimed to eliminate the burden of the multiplicity of
November 5, 2023 21 Comments
GST
GST Return Filing-Types of Returns and Process of Filing
The goods and services tax transformed the indirect tax system in India by replacing multiple taxes like VAT, excise duty, service tax, etc. with a
November 5, 2023 No Comments
27EQ
TCS reconciliation with GSTR-2A and Form 27EQ
Technological advancements, improved connectivity, and internet access across the country have helped develop the e-commerce industry in India. The increased demand for online goods and
November 5, 2023 No Comments
GST
Best practices for GSTR-8 compliance
E-commerce has transformed the retail marketplace into a digital market, which is convenient and beneficial for sellers, e-commerce operators, consumers, and tax authorities. Along with
November 5, 2023 No Comments
GST
GSTR-9: Filing Frequency, Penalties and Due Dates
The goods and services tax (GST) has transformed the indirect tax system in India by replacing multiple taxes with a single, unified tax. It brought
November 3, 2023 No Comments
GST
How Much Time (Days) Does It Take to Get a GST Number?
GST was introduced in India to simplify the indirect tax system in the country. It unified a plethora of state and central taxes to form
November 2, 2023 No Comments
GST
What Are The Requirements Of A Regular Taxpayer Under GST?
An individual running a business in India who is registered or needs to register under the Goods and Services Act is a taxable person. You
November 1, 2023 No Comments
GST
Examples Of Exclusions In The Valuation Of Goods And Services
Understanding taxability means learning whether the item is exempt, not under GST, or excluded from the valuation of goods and services. Since the scope of
October 31, 2023 No Comments
Benefits and Limitations
The Benefits Of Each Type Of GST Registration
The Goods and Services Tax, or GST, is hailed as one of the biggest tax reforms in our country. The tax was first introduced on
October 31, 2023 No Comments
GST
Do I Need a GST Identification Number for Udyam Registration?
Do you ever think about the requirements for Udyam registration? Well, MSMEs are traditionally considered the engine of economic growth. Economic experts say it has
October 30, 2023 No Comments
GST Registration
Is Trade License Mandatory for GST Registration?
If someone asks, “Is trade license mandatory for GST registration?” What will be the answer, though? So, we can shortly say that no trade license
October 30, 2023 No Comments
GST
New GST Rates 2023 – List Of Latest Goods And Service Tax Rates Slabs
Introduction The Goods and Services Tax (GST) rate slabs are determined by the GST Council, with regular reviews of rates for goods and services. These
October 27, 2023 2 Comments
GST
Blocked Input Tax Credits (ITC) in GST: Key Restrictions and Exceptions
Businesses are generally eligible to claim Input Tax Credits for the goods and services they use in their day-to-day operations. However, there are certain circumstances
October 27, 2023 No Comments
GST
How To Draft A GST Late Fee Waiver Request
Late fees and interest charges can become a concern for businesses that fail to file their GST returns on time. This article provides the latest
October 27, 2023 2 Comments
GST
Multiple GST Registrations at the Same Address: Conditions and Case Law
Certainly, an individual can obtain multiple GST registrations at the same address, provided they meet the conditions outlined in the GST Registration Rules. These rules,
October 26, 2023 No Comments
GST
GST Guide – The Complete Information about GST
GST denotes “Goods and Services Tax”. It is a cost-delivered tax device that is used by many nations around the arena to streamline the taxation
October 25, 2023 No Comments
GST
GST: Your One-Stop Shop for Information
In today’s digital age, where information is just a click away, understanding the fundamentals of Goods and Services Tax (GST) is essential. GST is a
October 25, 2023 No Comments
GST
GST: Everything You Need to Know for Small Business
Running a small business comes with its fair share of challenges. From managing finances to dealing with taxes, entrepreneurs have their plates full. One significant
October 25, 2023 No Comments
GST
GST: A Global Tax Revolution, Its Impact and Future Prospects
In the ever-evolving world of finance and economics, one term has been making significant waves over the past few years – Goods and Services Tax.
October 25, 2023 No Comments
GST
52nd GST Council Meeting Recommendations – Detailed Insight
Disclaimer: This update is shared for informational purposes only and should not be construed as legal advice or opinion. Before making any decisions based on
October 25, 2023 No Comments
GST
GST: Everything You Need to Know
In the ever-evolving world of finance and taxation, you need to keep an eye on the latest updates. In 2023, the Goods and Service Tax
October 23, 2023 No Comments
GST
All you need to know about the threshold limit for GST registration
Any kind of tax is not applicable to all people, irrespective of their income or turnover. It is very important to keep a class of
October 23, 2023 No Comments
GST
Understanding GST Letter of Undertaking: Process, Benefits, and Compliance
India is the fastest-growing economy in the world today and is poised to become the third-largest economy by 2027, according to economists. Exports are one
October 20, 2023 No Comments
GST
Demystifying GST Registration Limit, Types, and Compliance
The goods and services tax (GST) revolutionized the indirect tax system in India. It subsumed multiple indirect state and central taxes and brought uniformity and
October 20, 2023 No Comments
GST
Accounting Entries – Purchase Entries with GST in the Accounting Journal
The Goods and Services Tax (GST) was implemented with the motto ‘one nation, one tax’. It replaced multiple state and central taxes, brought integrity and
October 20, 2023 No Comments
GST
How To Activate a Suspended GST Number
The GST laws brought transparency and integrity to the indirect tax system in India. The government has passed various amendments and notifications from time to
October 20, 2023 9 Comments
Exempt and Non-GST Supplies
Understanding ITC Reversal in GST: Rules 42 and 43 Explained
Input tax credit is an essential component of GST, which eliminates the cascading effect of taxes and brings transparency and efficiency to the indirect tax
October 19, 2023 2 Comments
GST
How to Calculate GST in Excel Sheet? Step-by-Step Guide
The introduction of GST has brought many benefits to both consumers and the government by streamlining the indirect tax system in India. The significant reforms
October 19, 2023 No Comments
Benefits and Limitations
What is the Structure of GST in India?
The Goods and Service Tax introduced on July 1, 2017 in India has been instrumental in great economic progress, with a major transformation in the indirect
October 19, 2023 No Comments
E-Invoicing
How E-Invoicing is Shaping the Future of Tax Compliance in India
The digitization wave is reshaping landscapes across sectors, promising enhancements in efficiency and efficacy. Tax Practitioners are experiencing a revolutionary change with the arrival of
October 18, 2023 No Comments
GST
Reverse Charge Mechanism (RCM) in GST
As a general rule, the supplier of goods or services is liable to pay GST. However, in certain cases, GST is payable by the recipient
October 18, 2023 No Comments
E-Invoicing
Smart Tax Management: Calculate GST Online and Save Your Time
In the world of business, time is money, and efficient tax management can make a huge difference. One valuable tool that can simplify your tax-related
October 17, 2023 No Comments
GST
How To Deal With Wrong GST Paid By Mistake
GST represents a novel taxation system with innovative concepts such as determining the ‘place of supply’ and new tax structures. It is a consumption-based tax
October 17, 2023 2 Comments
GST
What Are the Reasons for Suspension of GST Registration and How to Resolve it
GST regulations provide a strong framework for еnsuring compliancе. Thеsе rеgulations arе pеriodically modifiеd to strеamlinе thе GST systеm and еnsurе fairnеss for all. If
October 17, 2023 No Comments
GST
How To do GST Registration Online
GST brought about an epic transformation of the indirect tax system in India, creating a unified, transparent. The efficient tax regime benefiting businesses and uplifting
October 17, 2023 No Comments
E-way Bill
Understanding the E-Way Bill System in GST: Compliance and Consequences
The e-way bill system was introduced in GST by the Government to check tax evasion. In this system, the supplier or transporter has to register
October 16, 2023 No Comments
GST
Best Practices for GSTR-5 Compliance
The Goods and Services Tax (GST) was introduced in India to make compliance easy and to avoid the cascading effect of taxes on the consumer.
October 16, 2023 No Comments
GST
Special Considerations for OIDAR (Online Information and Database Access or Retrieval) Services in GSTR-5
The advancement in technology has made it possible for businesses to deliver services from abroad in India through the use of internet. Online Information Database
October 16, 2023 No Comments
GST
Late Fees and Penalties for Non-Compliance in GSTR-5
The Goods and Services Tax Act aimed to ease the burden of taxes by integrating multiple taxes into one comprehensive tax and ease compliance. In
October 16, 2023 2 Comments
GST
GST Implications on Labour Charges | Labour (Contractors) Charges HSN Code
GST applies to every supply of goods or services unless a specific exemption is provided by GST law. “Labour Services” is a very usual nature
October 13, 2023 4 Comments
GST
Input Tax Credit (ITC) Provisions in GSTR-5
The introduction of GST transformed the indirect tax system in India by integrating multiple complex taxes into a single, unified unit, making compliance and auditing
October 13, 2023 No Comments
GST
Amendments and Revisions in GSTR-5
The fast growth of the Indian economy and the various measures taken by the government to encourage non-residents to engage in trade and business in
October 11, 2023 No Comments
GST
Calculation of Tax Liability in GSTR-5
A comprehensive indirect tax system was created after the implementation of GST in India, bringing coordination and efficiency to the tax system in the country.
October 11, 2023 No Comments
GST Registration
52nd GST Council Meeting Update: Key Highlights and Decisions
The 52nd GST Council Meeting was held recently under the Chairpersonship of Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman brought forth a
October 8, 2023 No Comments
GST
Requirements and Eligibility for GSTR-5 Registration
The fast pace of growth of the Indian economy, overtaking United Kingdom to become the fifth largest economy as per IMF projections has attracted lot
October 8, 2023 No Comments
GST
Amendments and Revisions in GSTR-4
GSTR 4 is an annual summary return that has to be filed by composition taxpayers, it consists of details of outward, inward supplies, import of
October 7, 2023 No Comments
Benefits and Limitations
Simplified Procedure For GSTR 4 Composition Return Filing
The Goods and Services Tax has transformed the indirect tax system in the country by combining various taxes into one tax. In this tax regime,
October 6, 2023 No Comments
Due Date and Filing
Filing Frequency and Due Date for GSTR-5
The introduction of GST in India streamlined the indirect tax system, integrating a variety of taxes into one single unit, making compliance easier, lessening the
September 24, 2023 No Comments
GST
Books, Printed Book HSN Code and 4901 HSN Code GST Rate
“Reading is an act of civilisation; it’s one of the greatest acts of civilisation because it takes the free raw material of the mind and
September 21, 2023 No Comments
