Unlocking the benefits of input tax credit (ITC) distribution and utilisation in GSTR-6 can be a game-changer for businesses. With the correct understanding and strategy,
Tax compliance can be complex for some individuals to understand, and in the realm of Goods and Services Tax (GST), reconciling GSTR- 2B is crucial
In GST, the concept of input service distributor was introduced to streamline the distribution of credits under a centralized system from the main office to
GST brought uniformity in the tax structure in India, eliminating the cascading effect of taxes on consumers. The introduction of the online portal enhanced compliance
You may have encountered the terms GSTR- 2A and GSTR 2B while filing the GST returns as a business owner. These are two different kinds
The Indian Taxation system has noticed much transformation with the introduction of Goods and Services Tax (GST). The aim of introducing GST was to simplify
The world of taxation is very dynamic, and the introduction of Goods and Services Tax (GST) has brought many changes in compliance, where GSTR- 2B
Tax compliance can be challenging for business owners as there are many documentation and processes to be done. However, everything can be done today with
The Goods and Services Tax Act was introduced to eliminate the cascading effect of taxes on the people. The salient feature of the act was
Technology and systems have changed our daily work, and taxation is no exception. GSTR- 2B is a powerful tool helping businesses stay updated about their
In the ever-changing world of tax compliance, staying up-to-date is essential for your business to stay ahead. Goods and Services Tax (GST) is a remarkable
Need for GSTR-2A: When GST was introduced in 2017, taxpayers were required to file two returns, GSTR-1 and GSTR-3B. In GSTR-3B, taxpayers were claiming ITC
In India, businesses must register for GST once their annual turnover crosses the threshold. GST Registration allows businesses to charge GST from consumers and claim
