All you need to know about GST LUT Introduction The Goods and Services Tax (GST) is a value-added tax that is levied on goods and services sold in India. The GST was implemented on July 1, 2017, with the aim […]
Tax Statutory & Compliance Calendar for the Month of May 2023 Compliance with tax and statutory regulations is mandatory for both individuals and businesses in India, regardless of their scale of operations. It is crucial for businesses of all forms, […]
GST Amendments in the Finance Bill, 2023 passed by Lok Sabha Introduction The Goods and Services Tax (GST) is one of the most significant tax reforms in India, which came into effect on July 1, 2017. Since its implementation, the […]
Bill of Supply under GST: Understanding its Concept and Importance Introduction The Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. Registered dealers need to understand the concept of the […]
Value of Supply under GST Introduction The Goods and Services Tax (GST) is a significant indirect tax in India that is levied on the supply of goods and services. The value of supply is a critical factor in determining the […]
GST rates and SAC code for courier and transport services Introduction India’s tax system is governed by the Goods and Services Tax (GST), which has streamlined the tax structure by replacing multiple taxes with a single tax. However, businesses in […]
Role of FASTag when goods are transported under GST? Introduction The Goods and Services Tax (GST) has simplified the tax system in India by eliminating multiple layers of taxes. However, compliance with GST regulations in the movement of goods can […]
A Complete guide on “How to file form ITC-04?” Introduction Form ITC-04 is an important document that is required to be filed by the registered taxpayers under the Goods and Services Tax (GST) regime. This form is used for intimating […]
Common issues and resolutions relating to Input Tax Credit for GSTR-9 Introduction Input Tax Credit (ITC) is a fundamental aspect of Goods and Services Tax (GST). It refers to the credit that a business can claim for the taxes paid […]
