The Goods and Services Tax (GST) has revolutionized India’s taxation system since its introduction on July 1, 2017. This unified tax regime replaced multiple state and central taxes, aiming to simplify the tax process and create a single market across the country. Here’s a detailed look at the list of GST Rates in India and […]
Updated list of GST Rates in India: GST Rates 2024 Read More »
The Goods and Services Tax (GST) has been a significant reform in India’s taxation system, aiming to create a unified market and simplify tax procedures. However, the application of GST on supply of electricity has its unique considerations. This blog will break down the essentials of GST on electricity, how GST impacts electricity, making it easy to
GST on supply of Electricity: GST on Electricity Read More »
The Goods and Services Tax (GST) has significantly impacted various sectors in India, including real estate. GST aims to streamline taxation and make compliance easier, but understanding the exact rates and how they apply to real estate transactions can be complex. This blog provides a clear and detailed overview of what is the GST rate
What is the GST Rate on Real Estate Properties in India? Read More »
Gold has long held a special place in Indian culture, both as an investment and a symbol of wealth and prosperity. With the introduction of the Goods and Services Tax (GST) in 2017, the taxation on gold has undergone significant changes. This blog will delve into what is GST on Gold in India, its impact
What is GST on Gold in India: GST on Gold Ornaments Read More »
The introduction of the GST in India has significantly simplified the country’s indirect tax structure. This article will provide a detailed yet simple breakdown of GST rates on cars, the factors affecting these rates, and the overall implications for car buyers in India. The GST Rates on bikes and two wheelers were explained in previous article.
GST Rates on Cars: GST impact on Car Price in India Read More »
If you’re planning to buy a bike, it’s essential to understand the impact of GST on your purchase. This blog will explain GST rates on bikes, how GST affects the pricing of bikes, the applicable rates, and what you need to know before making your purchase. GST has simplified the tax structure in India, but it can
GST rates on bikes: Goods and Services Tax on Two-wheelers Read More »
When it comes to managing taxes, businesses often grapple with various components of the tax system. One crucial aspect that demands attention is Tax Deducted at Source (TDS) under the Goods and Services Tax (GST). Let’s break down what TDS under GST entails and how it impacts businesses. What is TDS under GST? TDS under
TDS under GST: Tax Deducted at Source under GST Read More »
In the world of Goods and Services Tax (GST) compliance, understanding the different types of GST returns is crucial for businesses to meet their tax obligations efficiently. GST returns are periodic statements that businesses registered under GST law must file with the tax authorities, providing details of their transactions. Let’s look deep into the various
9 Types of GST Returns: Due Dates & Penalties Read More »
In business transactions, invoices are important. They are the documents that detail the goods or services provided, along with the payment terms. But within this seemingly straightforward document lies an important element ie; the Invoice Reference Number. Let’s dive into what it is, why it matters, and how it simplifies your financial processes. What is
Invoice Reference Number in e invoicing under GST Read More »
In India, Goods and Services Tax (GST) has emerged for streamlining the tax structure and fostering economic growth. As part of this system, GST returns play a crucial role, ensuring compliance and transparency. What is GST Returns? GST returns are documents that taxpayers registered under GST laws must file with the tax authorities. These returns
What is GST Returns: File GST Return online Read More »
