GST has replaced most other indirect taxes like service tax, VAT, central excise duty, additional customs duty, surcharges and octroi.
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.
There are three types of GST returns, namely – GSTR-1, GSTR-2A, and GSTR-3B. Read more on what GST returns are and how you can file for one online.
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 COVID-19 outbreak has disrupted the world’s economy. Several measures…
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.
From a taxation perspective, freelancers fall under small businesses. And paying taxes is considered a civic duty.