GST

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GST

Self-assessed Tax Recovery for Mismatch in GSTR-1 vs 3B...

Self-assessed Tax Recovery for Mismatch in GSTR-1 vs 3B

The tax short paid on such self-assessed and thus self-admitted liability and the interest thereon are subject to be recovered under the provisions of sect...

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GST

Setting Up an API System for E-Invoicing

Setting Up an API System for E-Invoicing

Application Programming Interfaces are called APIs. Each and every taxpayer must make sure to register their API in the e-invoice. A software bridge called...

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GST

Section 54 of CGST Act: Refund of Tax under GST

Section 54 of CGST Act: Refund of Tax under GST

The goal of a tax refund on exports is to encourage exports and increase the competitiveness of Indian goods and services abroad. Similarly, the tax rebate...

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GST

Important GST Dates and GST Calendar 2023-24

Important GST Dates and GST Calendar 2023-24

The GST is a dynamic system of taxes, and the government continuously updates the laws and policies governing it. Therefore, it's critical to keep current...

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GST

Impact of Goods and Services Tax on Job Work

Impact of Goods and Services Tax on Job Work

Introduction One of the fundamentals of the manufacturing industry is job work. A third party is outsourced to some of the work by the manufacturer. This b...

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GST

Power of Inspection, Search, and Seizure under GST

Power of Inspection, Search, and Seizure under GST

GST has been incorporated with a view to provide a simple and streamlined tax flow structure. The intention itself provides a legal backing to various sect...

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GST

GST Provisions for Input service distributor (ISD)

Input service distributor

Introduction The theory of Input Service Distributor (ISD) has been in existence since the service tax regime. According to the CENVAT Credit Rules 2004, I...

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GST

Impact of GST on IT Sector

GST on IT

Introduction IT sector is a hub for innovation. The IT sector plays a major role in the global economy as well as the country’s economy. IT sector is one...

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