Key Takeaways On July 1, 2017, India transitioned to a new tax framework designed to establish a unified market across the country. If you are unfamiliar with GST registration and want to learn how this tax system might impact you and your business, go through this blog. Here you will get a clear idea of […]
Key Takeaways GST is an indirect tax that is applied to the transaction of goods and services in India. There is a difference between inclusive and exclusive GST on the price of goods and services. This blog will discuss those key differences, highlighting what is GST, its features, objectives, and the impact it has on […]
Key Takeaways The Indian government introduced the Export-Oriented Unit scheme in 1981 to boost the Indian export industry. This blog will discuss EOU and its objectives, EOU under GST implications, benefits, and more. Objectives of EOU The EOU scheme complements schemes such as the Free Trade Zone (FTZ) and Export Processing Zone (EPZ) in India. […]
Key Takeaways Being a value-added tax, the Goods and Services Tax (GST) is applied to almost every supply that is sold in India for domestic consumption. Having an idea about how GST payments are processed on the common portal is crucial to ensuring your customers receive a steady supply of products or services. That being […]
by Key Takeaways DRC-13 in GST is a notice served by the GST authorities towards a third person to recover the GST dues towards them. This notice is served under Section 79 (1)(c) of the CGST Act, 2017. Read this blog to get detailed information on this GST notice. What is DRC-13 Notice? A GST notice […]
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