Frequently Asked Questions on the GSTR 1 Form Introduction The Goods and Services Tax (GST) has significantly transformed India’s taxation landscape. Among the various GST forms, GSTR 1 holds a pivotal place. It is a return form that necessitates the […]

Government Extends Levy of GST Compensation Cess Till 31 March 2026 Introduction The government has extended the date of collection of the GST Compensatory Cess by nearly four years to 31st March 2026. The cess was initially due to be […]

The Ultimate Guide to GST Returns Filing For Multiple States Introduction The implementation of Goods and Services Tax (GST) in India has brought about significant changes in the tax landscape for businesses. Filing GST returns is an essential compliance requirement, […]

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 […]

How LUT Can Simplify Your GST Compliance Process? Introduction In India, an indirect tax known as the Goods and Services Tax (GST) is imposed on the provision of goods and services. It replaced various indirect taxes like value-added tax (VAT), […]

Reasons why small businesses fail to keep up with GST compliance Introduction Small businesses often struggle to keep up with GST (Goods and Services Tax) compliance due to several challenges. These challenges can result in small businesses failing to comply […]

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 […]

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 […]

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 […]