GST

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GST

Step-by-Step Process to Generate an e-Invoice and IRN...

Step-by-Step Process to Generate an e-Invoice and IRN

The Goods and Services Tax, or GST e-invoice, has been made mandatory in India to discourage tax evasion and enable a national invoicing standard. The fund...

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GST

Slump Sale under GST

Slump Sale under GST

The term "Sump sale" primarily refers to the transfer of one or more enterprises as a consequence of a sale for a single sum of money without assigning spe...

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GST

Is it Possible to Revise GSTR-3B?

Is it Possible to Revise GSTR-3B?

GST stands for Goods and Services Tax, which is levied on goods sold for domestic use. A value-added tax known as GST was implemented by the Constitution o...

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GST

Amendments of Details in GSTR-1 and Error Messages

Amendments of Details in GSTR-1 and Error Messages

With the advent of GST, many regulations and compliances have been introduced for taxpayers. Some may find it complicated to follow such complex regulation...

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GST

Items not covered under GST

Items not covered under GST

The Goods and Services Tax went into implementation in India on July 1, 2017. But the process of putting in place the new tax system started a long time ag...

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GST

Special Economic Zone (SEZ) – GST and EWB Application...

Special Economic Zone (SEZ) – GST and EWB Applications in Brief

The Indian government started a policy in a few regions with a few unique regulations for import and export companies. There will be no customs duty, excis...

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GST

Simplification of Indirect Taxes under GST Regime

Simplification of Indirect Taxes under GST Regime

One of the most significant fiscal reforms to ever take place in our nation is the GST. This fundamental shift in the indirect tax structure had a huge imp...

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GST

IS INPUT TAX CREDIT (ITC) AN ABSOLUTE RIGHT? ANALYSIS &...

INPUT TAX CREDIT

INPUT TAX CREDIT UNDER GST One of the key features of The GST Act is the introduction of Input tax credit (ITC). It was introduced in the Act to avoid......

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