What is GSTR-9C return? GSTR 9C is an annual audit form a.k.a. reconciliation statement released by the government on 13 Sep,2018. As the...

GST is Goods and Services Tax which is an indirect tax that is imposed on supply of goods and services. It consolidates all the taxes at...

While it is mandatory to get registered under the GST Act for people having an annual turnover exceeding Rs.20 lakhs, individuals can...

GST is a destination-based consumption tax i.e. the tax is levied on the consumption of supply at the destination or at the point of...

Letter of undertaking is the document that the user provides declaring the fulfillment of all the requirements under GST for exports...

E-invoicing has become an important aspect of the compliance requirements for GST in India. There have been various amendments to the...

Suo moto cancellation of GST registration refers to the cancellation of GST registration under the GST Act by the tax officer in his...

The Central Government notified the much-awaited indirect tax reform in India i.e., Goods and Services Tax (GST) with effect from 1st...

The Goods and Services Tax (GST) in India is a broad-based indirect tax imposed on the supply of goods and services. It has replaced many...

Goods and Services Tax (GST) is an indirect tax implemented in India and applicable to the supply of goods and services. GST is a...

A partnership firm is a simple and convenient way to start a business with two or more people. A partnership firm does not need to...

The Goods and Services Tax (GST) is a comprehensive indirect tax merging different central and state taxes and levies on the supply of...

Who needs to disclose transaction relating to Reverse Charge in Annual Return – Supplier or Recipient? The transaction covered under...

Since its introduction in 2017, the Goods and Services Tax (GST) has significantly reshaped India's tax landscape. This consumption-based...

GST composition scheme is an alternative return filing method wherein small taxpayers having an annual turnover below Rs.1.5 crores can...

Under GST regime, Tax invoice is a very significant document It indicates the amount of GST and is also vital to claim input tax credit....

Goods and Services Tax (GST) has reshaped India's tax landscape, unifying different indirect taxes and simplifying the system. This...

SAC (Services Accounting Code) and HSN (Harmonized System of Nomenclature) was introduced in India as a part of the Goods and Services...

How supply made by SEZ unit to DTA unit should be reported in the Annual Return by SEZ unit? Supplies by SEZ unit to DTA unit does not...

What is the audit under GST and its types? As per section 2(13) audit” means an examination of records, returns and other documents...