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 & GST Rate on Legal, Accounting, and Professional Services Introduction The GST Council established the GST rate for legal, accounting, and professional services. Services are subject to 5%, 12%, 18%, or 28% GST rates. The GST rate is determined […]
What is GST Return? And Mistakes to avoid while filing GSTR Introduction Taxpayers must be extremely cautious when filing a GST return in order to avoid the inconvenience of unnecessary reconciliation. So, let’s take a look at some of the […]
What is GST Audit and How it is done? Introduction According to Section 35 (5) of the CGST Act, registered taxpayers in India with an aggregate turnover of more than 2 crores in a financial year must have their accounts […]
