GST LUT Exporters Checklist: Essential Checks for Export Introduction GST LUT Exporters Checklist helps exporters file a Letter of Undertaking (LUT) smoothly on the GST portal. Exporters who supply goods or services outside India without paying Integrated GST (IGST) must […]
Legal vs Accounting Services: What Businesses Often Confuse. Introduction. Many business owners assume that legal and financial services fall under the same category. However, legal vs accounting services involve different roles, expertise, and responsibilities.Understanding the difference helps businesses know when […]
LUT Renewal FY 2025-26: GST Exporter’s Checklist Introduction If you’re an exporter in India, you need to submit a Letter of Undertaking (LUT) each year to avoid paying IGST upfront on your exports. This is a facility given under Section […]
SEZ GST Refund Rules: Claim Window & Late Filing Impact Introduction If you’re doing business with SEZ units in India, there’s a good chance you’re eligible for a GST refund. This is one of the key advantages the government offers […]
GST Implications on Foreign Digital Service Purchases by Indian Businesses Introduction If your business in India uses digital services from foreign companies like Adobe or Zoom, GST rules apply to you. Understanding how GST works on these purchases helps you […]
GST Compliance Calendar with Due Date for FY 2025-26 And GST Return form The GST returns Compliance Calendar for 2025-2026 helps businesses keep track of important deadlines, including the Monthly GST Return Filing Due Date for returns like GSTR-1, GSTR-3B, […]
Compliance Calendar: February, 2025 As we begin with February 2025, following the rules and regulations for businesses in India is crucial. Businesses must focus on meeting their legal responsibilities throughout the financial year, no matter their policies. Key deadlines are […]
Nil Filing: Avoiding Penalties and Maintaining GST Compliance Introduction In the realm of Goods and Services Tax (GST) compliance, nil return filing holds significant importance for businesses with no taxable supplies or transactions during a given period. Many businesses assume […]
GST on Health Insurance: What Policyholders Need to Know The Goods and Services Tax (GST) on health insurance has been a topic of considerable debate since its implementation. With an 18% GST slab rate applied to health insurance premiums, understanding [...]
