GST

Navdisha Sehgal

17 Mar, 2023

Non-application of GST is called GST exemption. The exemptions under GST is granted in 3 cases: Businesses or individuals;Goods; andServices. The article t...

Navdisha Sehgal

09 Apr, 2021

GST registration in Bangalore is compulsory for businesses having an aggregate turnover of more than Rs. 40 lakhs and Rs. 20 lakhs for hilly and north-east...

Minakshi Bindhani

10 Jul, 2023

Introduction Businesses with an annual turnover above a certain threshold are subject to the Regular GST Scheme, which mandates meticulous record-keeping,...

Navdisha Sehgal

16 Mar, 2023

As per the GST Act, the business entities operating in two different states must obtain separate GST numbers. The article talks about the provisions relate...

Navdisha Sehgal

07 Apr, 2021

GST came into force on 1st July 2017 as the only indirect tax applicable in the country. Implementation of GST has made the tax process simpler and of less...

Navdisha Sehgal

01 Apr, 2021

This article will focus on the meaning, applicability, benefits of GSTR 1 and the recent amendments made. What is GSTR 1? GSTR 1 form is a GST return form...

Ashish M. Shaji

20 Mar, 2021

Before the GST regime, cases of inverted duty structure were seen where import duty on raw materials that were used in the production of finished goods was...

Ashish M. Shaji

13 Jun, 2024

The liability of interest for any delayed payment is an economic consequence. The tax laws are not exempted from this rule as GST law provides for interest...