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GST

Impact of GST on the Hospitality Industry

Impact of GST on the Hospitality Industry

The tax structure of India is divided into two types of taxes, which are direct and indirect taxes. GST is a type of non-discriminatory tax system implemen...

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GST

Impact of GST on Air Fares

Impact of GST on Air Fares

The total number of air passengers to fly in domestic territory in the year 2022 was more than 105 million passengers in India. According to Directorate Ge...

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Income Tax

Income Tax Deductions List – Deductions on Section 80...

Income Tax Deductions List

To encourage savings and investments, the Income Tax Department has provided various deductions from taxable income. The same is provided in Chapter VI A �...

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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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