Compliance Calendar for the month of March 2023 Welcome to the Compliance Calendar for the month of March 2023. March being the last month of the Financial Year 2022-23, it becomes crucial for businesses and individuals alike must keep track […]

DRC-03- When should a taxpayer make a payment under DRC-03? Introduction The DRC-03 form is used to submit voluntary tax payments as specified by the nation’s GST law. It is done when the government discovers a tax demand or insufficiency […]

What is the process to search bill of entry details on GST portal? Introduction The GST portal has undergone a significant overhaul. When paying taxes, the importer files a bill of entry. The Bill of Entry’s details is displayed on […]

Complete guide on Aadhar Authentication mandatory for GST registration for a specified purpose Introduction On March 14, 2020, at the 39th GST Council Meeting, the council decided to make it Aadhaar Authentication mandatory for GST registration for new taxpayers effective. […]

Compliance Calendar for the month of February 2023  Starting, owning, or doing a business in India comes with important compliance that a business, irrespective of its structure, has to adhere to during a financial year. Be it filing of Income […]

GST input on sales promotion – Everything you need to know Introduction Every taxpayer employs a variety of techniques to increase sales, the most common of which is a buy one, get one free promotional offer. Furthermore, a sales promotional […]

Form GST REG-21 – Restoration of Cancelled GST Registration Introduction Restoration of a cancelled GST registration is possible if you file the Restoration within the prescribed time frame; otherwise, you will be unable to revoke it. You must file a […]

GST Compliance for Small Businesses: How can small businesses deal with GST Compliance? Introduction Small and medium-sized businesses are regarded as the Indian economy’s backbone, contributing significantly to export, GDP, job creation, and inclusive growth. They may believe that the […]

SAC Code and GST Rate on Legal, Accounting and Professional Services – All you need to know Introduction The GST Council established the GST rate for legal, accounting, and professional services. Services are subject to  5%, 12%, 18%, or 28% GST […]