Reading Time: 3 minutes GST is a transparent and comprehensive method of taxation followed across the county. With GST, the Indian financial establishment is leveraged to a more efficient and unambiguous tax structure.
Reading Time: 5 minutes Invoices form an integral part of any business transaction. The right kind of invoice is to be attached while uploading returns to get tax benefits.
Reading Time: 5 minutes GST has replaced most other indirect taxes like service tax, VAT, central excise duty, additional customs duty, surcharges and octroi.
Reading Time: 4 minutes The scheme is Ideal for businesses with a turnover of less than Rs 1.5 crore. Small taxpayers can bid tedious GST formalities adieu and only pay GST at a fixed turnover rate.
Reading Time: 3 minutes HSN stands for Harmonized System of Nomenclature, and is used to classify goods in a systematic manner.
Reading Time: 4 minutes GST offers numerous benefits to startups like simple tax processes, online procedures and ease of doing business.
Reading Time: 3 minutes Understanding reverse charge mechanism can help businesses surmise their transactions in a more comprehensive manner.