Goods And Services Tax

GST India has several facets covered in these blog posts about GST Compliance, GST Calculation, GST rates, GST returns filing and HSN Codes.

Infographic about ASP evaluation checklist for your GST compliance needs

Infographic about ASP evaluation checklist for your GST Compliance needs....Continued

GST rollout: Final checklist for your business

The biggest worry for many was that businesses’ IT systems were not ready due to frequent tinkering of GST rules. Here is the GST rollout plan, read more...Continued

Time of supply of goods under GST

The point in time when goods are provided and when the tax liability can be determined.Under GST, the time of supply varies based on type of transaction....Continued

GST rates revised: The impact on various sectors

The GST Council has reduced the tax level in 66 out of 133 items on which representations were made by the industries. Here are the GST rates revised....Continued

GST compliance issues with unregistered dealers

Electronic matching of credits is one big step in that direction while taxing supplies by unregistered dealers on reverse charge is another master stroke....Continued

GST and place of supply: Complexities when a transaction involves 3 parties

If person A in Maharashtra ships goods to C in Tamil Nadu on the instructions of B in Maharashtra, GST and place of supply is difficult to determine. Read more...Continued

Reverse and forward charge mechanisms under GST India

Under GST, there will be a reverse and forward charge on goods as well. The purpose is to increase compliance and to increase tax revenues. Read more...Continued

E-way bill rules and compliance under GST

The e-way bill shall unify all these with a standard documentation procedure under the Goods and Services Tax (GST) regime. Read more...Continued

Provisions pertaining to place of supply under GST

The concept of place of supply helps in determining whether a transaction is interstate or intrastate. In this blog, we will explore provisions under GST....Continued

Composition scheme under GST

The composition scheme allows qualifying taxpayers to pay a percentage of their yearly turnover in a state as tax. Read more...Continued