Upon GST transition taking place all over the country, you need to be updated with the basics. This article is going to help you understand all you need to know with respect to your business and compliances that you...
Returning a good once sold is very common – even for business during the course of trading. Under the erstwhile indirect tax regime, once a good is returned it has a reducing effect on the total sales turnover of...
In case you are a registered taxpayer under the erstwhile indirect tax regime, you will be provided with a provisional registration under the GST regime and an opportunity to transition. Once this provisional registration has been granted, a dealer...
Transitioning under the GST Regime – From a Regular Dealer to the Composition Scheme The GST regime calls for registration – that is the first step in transitioning towards a single unified tax system in India. But first we...
Transitioning with the GST is a great move for any dealer, however, are you aware of how to register under the GST regime? We have provided a snapshot of all the essential information required for GST registration both for...
This article shall provide you with an insight into amending GST registration, applying for cancellation of registration and revoking the registration in case of its cancellation. GST Registration Basics – All You Need To Know 1. Amending the GST registration...
The GST regime has introduced interesting concepts of setting off tax liability against the Input Tax Team. Under the GST regime, every time a transaction takes place, it has a dual effect as follows – Central GST (CGST) State...
Availing the Input Tax Credit (ITC) is a boon in the GST regime. We have put together a checklist that can help you understand how to avail of this credit to the best of your benefit. Of course, you...