Compliance Calendar October 2023 As we all know, businesses of all sizes and types engage in various transactions, including sales and purchases. For every business transaction, there are certain responsibilities that a business owner must fulfill as part of their […]
Compliance Calendar September 2023 Introducing our comprehensive Compliance Calendar for September 2023! As a responsible business owner, it is vital to remain in compliance with a multitude of rules and regulations. The month of September brings forth a series of […]
Compliance Calendar August 2023 Presenting our comprehensive Compliance Calendar for August 2023! As a responsible business owner, it is imperative to stay compliant with various rules and regulations. The month of August entails statutory deadlines that require your attention, including […]
Compliance Calendar July 2023 Introducing our comprehensive Compliance Calendar for the month of July 2023! As a business owner, it is essential to fulfill your responsibilities and maintain compliance with various rules and regulations. July is filled with important […]
GST ITC-04 Return: A Complete Guide Introduction The Goods and Services Tax (GST) has been a transformative tax reform in India, streamlining the country’s indirect tax structure. As part of the GST regulation system, businesses can claim Input Tax Credit […]
Section 48 of the CGST Introduction The Central Goods and Services Tax (CGST) Act, 2017, Section 48, is the key provision that addresses how to calculate the value of a supply to levy GST. As it gives instructions on how […]
Compliance Calendar June 2023 Introducing our comprehensive Compliance Calendar for the month of June 2023! Owning a business comes with responsibilities, and staying compliant with the rules and regulations is crucial. This month is filled with important tax and statutory […]
What are the Benefits of Using GST LUT? Introduction A GST-registered taxpayer can export products or services without paying integrated GST (IGST) at the time of supply by using a LUT (Letter of Undertaking). It is crucial for companies that […]
How Does GST LUT Impact Invoicing and Accounting? Introduction GST LUT has a significant impact on invoicing and accounting, as it changes the way exporters calculate and report their exports. The government issues exporters a GST LUT (Letter of Undertaking), […]
