Key Takeaways Those involved in the taxation domain must be aware of the Goods and Services Tax (GST) rates of chemical products. This particular industry significantly contributes to India’s economic growth and covers a wide range of products and services. This blog aims to uncover the impact of GST on the chemical industry by offering […]
Key Takeaways The Goods and Services Tax (GST) was passed in both houses of Parliament after more than a decade of anticipation. Simultaneously, it brought new opportunities for businesses and individuals in India. Chartered Accountants were no exception, as the GST framework brought multiple changes to their established work methods. One of the biggest challenges […]
Key Takeaways After the introduction of Goods and Service Tax (GST) in India, in 2017, the supply of all goods and services, be it interstate or intrastate, attracts GST. However, there are certain exceptions to the GST law. One major exception is consumable alcoholic liquor, which does not fall under GST. Despite this exemption, the […]
Key Takeaways Introduced in 2017, the Goods and Services Tax (GST) serves as a unified tax system for both inter-state and intra-state supply of goods and services in India. This shift has significantly influenced various industries, including India’s telecom sector. Although GST has brought certain benefits, it has also added extra compliance responsibilities for telecom […]
by Key Takeaways The Goods and Services Tax (GST) REG-06 Form is an essential document issued by the government to businesses and individuals registered under the GST regime in India. Every GST-registered person or business receives form GST Reg-06 or the GST registration certificate from the tax authorities. It serves as proof of successful GST registration […]
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