GST

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GST

Team GSTN has issued an Advisory on the time limit for...

Team GSTN has issued an Advisory on the time limit for Reporting Invoices on the IRP Portal

On 13.09.2023, the GSTN Team issued an advisory to the taxpayers on the time limit for Reporting Invoices on the IRP Portal. It informed the taxpayers that...

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GST GST Rate

Impact of GST on Notice Pay Recovery

Impact of GST on Notice Pay Recovery

Under the employment transactions, employees offer their services and, in return, are paid and receive other non-monetary rewards. As there is a supply on...

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GST GST Returns

Step-by-Step Guide to GST Refund Claims

Step-by-Step Guide to GST Refund Claims

To receive a GST refund, the taxpayer must go through a lengthy process and submit every required document and declaration to the GST authorities. The exis...

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GST GST Rate

Impact of GST Rates on the Entertainment Industry

GST Rates on the Entertainment Industry

All goods and services are currently subject to the GST, with the exception of five petroleum products and alcoholic beverages intended for consumption by...

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GST GST Rate

Impact of GST Rate on Furniture Manufacturers

GST Rate on Furniture Manufacturers

In 2022, the furniture market in India had a value of about USD 23.12 billion. In addition, during the projected period of 2023-2028, the market is anticip...

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GST GST Rate

Impact of GST Rates on Rail Transport

GST Rates on Rail Transport

One of the biggest rail networks in the Asian continent, Indian rail transport provides people with affordable commuting services. GST taxes are explicitly...

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GST GST Rate

Impact of GST on the Indian Economy

Impact of GST on the Indian Economy

In six years since the implementation of GST, the number of GST registrations has surged by over 14% compounded yearly, from roughly 65 lakh to approximate...

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GST GST Rate

Impact of GST on Insurance and Banking

Impact of GST on Insurance and Banking

Since it was introduced, the Goods and Services Tax, or GST, has generated a lot of debate in India. This is due to the fact that almost no industry in......

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