What determines if CGST, SGST or IGST is applicable? What is Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST)? Read to know.
HSN stands for Harmonized System of Nomenclature, and is used to classify goods in a systematic manner.
Understanding reverse charge mechanism can help businesses surmise their transactions in a more comprehensive manner.
GST Registration is mandatory for certain businesses in India. Read this article to understand the eligibility criteria for GST registration in India.
On 1st June, the Union Cabinet headed by Prime Minister Narendra Modi revised the MSME definition by changing the investment and turnover figures. Read all about it here.
GST has replaced most other indirect taxes like service tax, VAT, central excise duty, additional customs duty, surcharges and octroi.
GST offers numerous benefits to startups like simple tax processes, online procedures and ease of doing business.
The GST Composition Scheme is ideal for businesses with a turnover of less than Rs 1.5 crore in a financial year. Read all about the composition scheme here.
The LTC Cash Voucher Scheme was announced by Finance Minister Nirmala Sitharaman on the 12th of October 2020. Let’s discuss this scheme in detail.
Mandatory implementation of GST e-invoicing begins from the 1st of October 2020 for the taxpayers with an aggregate turnover of more than Rs 500 crore.