Since its inception, the GST law have been ever evolving with new updates taking place every now and then. Therefor...
Continue ReadingInvoice Registration Portal, i.e., IRP, is a GST-based platform that authenticates the legitimacy of invoices used...
Continue ReadingThe Karnataka HC has upheld the laws that permit concurrent levy of GST, excise duty, & the NCCD on tobacco p...
Continue ReadingIn India, Goods and Services Tax is one of the primary sources of revenue for every State as it shares nearly one-t...
Continue ReadingThe 45th GST Council Meeting was conducted on September 17, 2021, and was presided over by Honourable Finance Minis...
Continue ReadingThe Bombay High court permitted revision of the claim related to Transitional Credit in form GST TRAN-1. The compla...
Continue ReadingGSTR-9C refers to an annual GST reconciliation statement that has undergone significant changes in the year 2021. T...
Continue ReadingAfter the advent of GST for NGO, the two taxes, i.e. VAT and Service tax have been combined to reduce the burden on...
Continue ReadingGST Suvidha Provider (GSP) is deemed as an authorised intermediary or an enabler for business entities to access th...
Continue ReadingEven though both the Form GSTR-2A and GSTR-2B manifest identical details, both the forms adhere to plenty of differ...
Continue ReadingGST implementation has revolutionized the Indian taxation infrastructure by subsuming various taxes under one hood....
Continue ReadingEvery taxpayer under Goods and Services Tax is bound to file a return for every tax period. It may be possible that...
Continue ReadingIt is a common business process to send goods on approval basis. Hence, many times these goods are returned by the...
Continue ReadingEvery taxable person is responsible to pay tax on ad-valorem basis meaning “according to the value” the person...
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