Goods & Services Tax
Updated on : None - None 17 min read.
GST SLAB AND RATE
An up-to-date compilation of goods and service tax rates, slabs, and recent revisions, providing a comprehensive reference for businesses and consumers.
Unraveling the complexities of GST applicability and compliance for educational institutions, including insights on exemptions, input tax credits, and important considerations.
TYPES OF GST
Understanding the purpose and significance of UTGST implementation, its key features, and the implications for Union Territories in India
TYPES OF SUPPLY IN GST
A comprehensive guide to understanding the concept of zero-rated supplies, their significance in GST, and how they impact businesses and consumers.
Demystifying the concepts of mixed supply and composite supply, exploring their definitions, implications, and distinguishing factors for businesses navigating GST regulations.
A concise overview of the composition scheme, its eligibility criteria, benefits, and the applicable GST rates, providing businesses with insights to make informed decisions.
GST PENALTIES AND APPEALS
Exploring the consequences of GST non-compliance, dissecting penalty frameworks, and unveiling effective techniques for challenging penalties through the appeals process
In the realm of Goods and Services Tax (GST), Input Tax Credit (ITC) plays a crucial role for businesses. However, there are certain scenarios where ITC needs to be reversed or forfeited. In this blog, we will explore the concept of ITC reversal under GST and shed light on the circumstances that necessitate this reversal.
The Reverse Charge Mechanism (RCM) is an essential aspect of the Goods and Services Tax (GST) system, particularly concerning Input Tax Credit (ITC). This blog aims to provide a concise understanding of the applicability of ITC Reverse Charge Mechanism and its implications for businesses.
Unlocking the benefits and requirements of electronic invoicing under GST, simplifying compliance processes, enhancing efficiency, and reducing errors for businesses in India.
Navigating the complexities of gift taxation, understanding the GST implications, exemptions, and compliance requirements for both individuals and businesses.
A comprehensive guide to understanding the various modes of GST payment, including online platforms, offline methods, and important considerations for businesses to ensure seamless compliance.
Shedding light on the process of rectification under GST, exploring the significance of rectification orders, and providing insights on how businesses can navigate this crucial aspect of GST compliance.
Understanding the key distinctions between Goods and Services Tax (GST) and Value Added Tax (VAT), examining their scope, mechanisms, and implications for businesses and consumers.
Exploring the comprehensive list of goods and services that are exempt from the Goods and Services Tax (GST), providing clarity on what falls outside the purview of GST regulations.
Unveiling the purpose and significance of the E-Way Bill system, understanding its role in facilitating smooth movement of goods, and the reasons why it is a mandatory requirement under GST.
Unraveling the concept of a casual taxable person in GST, exploring the definition, registration requirements, and key considerations for businesses operating temporarily or sporadically in a different jurisdiction.
A step-by-step guide on how to effortlessly submit Nil GSTR-3B returns using the SMS facility, simplifying the process for businesses with no tax liabilities to declare.