Calculating aggregate turnover for Goods and Services Tax (GST) registration is a crucial step for businesses in India. Aggregate turnover…
In today’s fast-paced business environment, accurate and timely accounting is essential for any company’s success. Whether you are a small…
The GSTR-9 annual return is a crucial compliance requirement under the Goods and Services Tax (GST) system in India. It…
The Goods and Services Tax (GST) framework in India is built on three fundamental aspects: time, place, and value of…
The process for claiming a GST refund involves specific steps, including submitting required documents and declarations to the GST authorities.…
Under GST, zero-rated supply refers to goods or services that are exported out of India or supplied to a Special…
Under GST, determining whether a supply is inter-state or intra-state is essential, as it dictates the applicable tax—Central GST (CGST),…
In the Goods and Services Tax (GST) framework, the primary principle is that the supplier of goods or services is…
The Goods and Services Tax (GST) regime in India has brought various concepts to standardize indirect taxation, two of which…
Definition of Supply: Under GST, the law widely defines 'supply' to include all types of transactions involving goods and services,…
The Hindu Undivided Family (HUF) structure provides a distinct advantage for Hindu families in India when it comes to tax…