GST Cancellation: Understanding the Role of Directors and Shareholders Introduction Goods and Services Tax (GST) is an indirect tax system implemented in India on July 1, 2017, with the aim of streamlining the country’s complex taxation structure. It is a […]

The Pros and Cons of Value-Added Tax (VAT) Introduction Value-Added Tax (VAT) is a consumption-based tax levied on the value added at each stage of the supply chain. It is widely used by governments worldwide as a significant source of […]

How to Use GST LUT to Verify GSTIN and Generate E-Way Bills? Introduction The introduction of the Goods and Services Tax (GST) in India has brought significant changes in the taxation system, aiming to streamline and simplify the process. As […]

How to claim a refund through GST RFD-01? A Step-by-Step Guide Introduction The implementation of the Goods and Services Tax (GST) in India has significantly transformed the taxation system, simplifying it and promoting a unified approach. While GST has streamlined […]

What are the new functions of the GST Portal? Introduction The GST portal has undergone several improvements in 2021 to make GST return filing easier and more successful. As the portal continues to add new features, it’s important for taxpayers […]

GST LUT vs. Bond: Which One is More Suitable for Your Business Introduction In the realm of tax compliance, businesses in many countries encounter various procedures and requirements. In India, the Goods and Services Tax (GST) has revolutionized the tax […]

Tax Statutory & Compliance Calendar for the Month of 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 […]

What is the impact of GST Cancellation on Business? Introduction  The cancellation of Goods and Services Tax (GST) registration or GSTIN (GST Identification Number) can have a significant impact on businesses operating within the GST framework. In this article, we […]

All you need to know about- How E- way bill generation is blocked and unblocked? Introduction The E-way bill (EWB) is a document that was introduced as part of the GST system. Before transporting or shipping products worth more than […]