GST on Hotels and Restaurants in India The Goods and Services Tax (GST) is a significant tax reform in India, aimed at creating a unified tax structure across the country. Since its implementation on ...

New GST rates in India The Goods and Services Tax (GST) in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. It has four primary tax slabs for variou...

GST Refund Process: Step-by-Step Guide to Claim GST Refund GST Refund claims A GST refund typically refers to a refund of Goods and Services Tax (GST) paid on purchases. This often applies to business...

Invoicing Under GST A GST (Goods and Services Tax) invoice is a critical document for businesses operating in countries that have implemented the GST system. It serves as proof of the supply of goods ...

Input Tax Credit (ITC) Under GST INPUT TAX CREDIT An input tax credit (ITC) is a tax reduction mechanism used in value-added tax (VAT) systems. It allows businesses to reduce the amount of VAT they ha...

Benefits of GST In India The Goods and Services Tax (GST) is a comprehensive indirect tax implemented in many countries around the world, including India, to streamline the taxation system and promote...

COMPULSORY GST REGISTRATION Why GST Registration is Important 1. Legal Requirement: - Mandatory for businesses exceeding turnover thresholds. - Necessary for certain types of businesses (inter-state s...

GOODS AND SERVICE TAX REGISTRATION Goods and Services Tax (GST) registration is mandatory for businesses in many countries, including India, which is a significant example. Here is a detailed guide on...

Introduction: TDS stands for Tax Deducted at Source is a process to collect tax based on specific percentages on the payable amount by the receiver on goods and services and collected tax is a deposit...

Title: GSTR 9 Annual Return Filing, Forms, Eligibility & Rules Introduction: GSTR 9 is a type of Annual Return form to be filled yearly by eligible taxpayer register under the GST. The paper is consis...

GST on Construction Introduction: The Good and Services Tax (GST) is the biggest and significant indirect tax reforms. The essential purpose of implying the GST to replace the existing taxes such as e...

GST for Housing Society Introduction: GST for housing society is mandatory for every community whose turnover exceeds Rs.20 lacs in the previous year. On July 1, 2017, the GST bill had approved by the...