Time of Supply under GST: Rules and Implications
For calculating and discharging tax liability its important for knowing date when the tax liability is arising this means the date in which it has occurred. In GST its called Time of Supply. GST has given different provisions for determining the time of supply of goods and time of supply. Section 12,13 and 14 of […]
The Role of GST Return Filing in Business Compliance
GST means Goods and Services Tax, its an indirect tax which is placed on the supply of Goods and Services in many countries. The main aim of GST is simplifying the complex tax system by changing different taxes like sales tax, service tax, excise tax and many more with a single unified tax. GST in […]
A Beginner’s Guide to GST Return Filing in India
Goods and Services Tax (GST) is a basic of the modern tax structure and an important tax reform in many countries, it is designed for streamlining taxation process and promote the economic growth. Filing GST return regularly is an essential element to ensure GST compliance. GST return filing is an official document which acts as […]
FAQs about GST Registration in India
What is GST? Goods and Services Tax (GST) is a comprehensive, multistage, destination-based tax levied on every value addition. The main objective of GST registration is to replace all the indirect taxes levied on goods and services by the Central and State governments. The GST Council has proposed a four-tier tax structure of 5%, 12%, […]
Understanding the Penalties for Late GST Return Filing
The goods and services tax (GST) is a value-added tax (VAT) imposed on most labor and products sold for homegrown utilization. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services. This Blog discusses the penalties for late GST Return Filing. Critics point out, […]
Demystifying GST Return Filing for Small Business Owners
The Goods and Services Tax (GST) system was presented in India with the commitment of improving the country’s complicated tax assessment framework. While the GST has to be sure to smooth out the assessment structure, entrepreneurs frequently find the course of GST return filing overwhelming. In this article, we plan to demystify GST return filing, […]
GST Return Filing: The Key to Efficient Tax Management
Goods and Service Tax (GST) is a bound-together cost structure in India. It replaces different indirect accuses of a singular cost. It works on charges, avoids two-fold duty evaluation, and helps the economy with creating. This blog discusses in detail how GST Return Filing is important for tax management. It applies to the two work […]
