E-Invoice Under GST: Its Meaning, Process, Challenge, and Exemption.

E-Invoice under GST: All Key Highlights You Need to Know The government of India implemented E-invoice under the GST system back in 2020, and most organizations supported the administration’s decision….

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GST Exemption 2021: List, Limit, Types, & Eligibility; all you need to know

GST Exemption 2021: Every Detail you Need to Know. GST and other taxes are complex to understand for many people but knowing which items/services are exempted as per GST Exemption,…

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GST Audit – A quick guide for Goods and Service Tax Audit 2021.

We all know that businesses will need to do a GST audit with a turnover of more than Rs 2 crores from selling products or services during the financial year. …

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A Complete Guide To GST Registration Process & Documents Required.

What is GST Registration In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs is required to register as a normal taxable person. This process of registration is called…

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Concept of GST (Goods and Service Tax), all you need to know.

Introduction to GST (Goods and Service Tax) GST stands for “Goods and Service Tax”. In India, the Government of India introduced GST on 1st July 2017. The main objective behind…

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Important Tax Compliance Date For Startup And SME For FY-2021.

Tax Compliance Calendar for FY 2021 covering important due dates for Income Tax Filing, GST (GSTR1, GSTR3B. RET1), TDS Payments, Preparation, & Filing, ROC, and general accounting from Apr 01st…

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How to Calculate GST? GST (Goods and Service Tax) Guide 101?

How to calculate GST? Implemented in 2017 with an aim to simplify the burdened taxation system of India, Goods and Services Tax is one of the most significant indirect tax…

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GST Annual Return: A complete guide to GST compliance.

What is GST annual return? The GSTR 9 is a GST annual return form that must be filed once a year by business taxpayers with all combined information of SGST,…

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How to avail Input Tax Credit (ITC) if Supplier has not uploaded Invoices?

What is the Input Tax Credit (ITC)? The Input Tax Credit (ITC) is the tax paid on the purchase of goods or services which can be set off against the…

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GST: What is the meaning of GST, all you need to know.

The full form of GST is “Goods and Services Tax”. The journey of GST in India began in 2000 when the govt. set up a panel for drafting the law. It took 17 years for the law to evolve, and was finally implemented on 1st July 2017.

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