Penalty For Non-Generation Of E-Way Bills Introduction In India, the implementation of the Goods and Services Tax (GST) has brought about several changes in the taxation system. One of the significant changes introduced is the introduction of the E-Way Bill, […]
Reasons for suspension of GST registration Introduction Goods and Services Tax (GST) is a tax levied on the supply of goods and services in India. It has replaced multiple indirect taxes that were levied by the central and state governments. […]
How Will GST Affect India’s Digital Marketing Sector? Introduction GST is expected to increase India’s economy and GDP. As a result, the marketing and advertising industries will grow. In general, Goods and Service Tax will lower production, logistical, and tax […]
FAQs on unblocking and blocking of E-way bill generation Introduction In India, the E-way bill refers to the Electronic-way bill. It is a critical document that enables the movement of goods from one place to another. The Electronic-way bill is […]
How to determine the time of supply of goods and services under GST? Introduction It is necessary to know the date on which the tax liability arises, i.e. the date on which the charging event happened, to determine and discharge […]
How to check the HSN code on the GST portal Introduction The classification of goods that are subject to GST is performed using the Harmonized System of Nomenclature (HSN) code. There are numerous things and services available. Not all of […]
A Complete guide on “The 8-Digit HSN Code is the Key to Understanding GST Rates” Introduction Awareness of GST rates requires an understanding of the 8-digit HSN code. It is a system of classification and identification for goods and services. […]
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 […]
