Key Takeaways Goods Received Note (GRN) is a crucial document issued to confirm the acceptance of goods by the buyer after delivery from the supplier. To simply put what is GRN in GST, it is an important piece of evidence for businesses, playing a key role in the payment process. It supports current inventory management, […]
Key Takeaways Before the introduction of GST (Goods and Services Tax) in India, there were a number of indirect taxes that were hard to calculate, and the collection of tax process was haphazard. However, GST acts as a replacement for many indirect taxes such as VAT, sales tax and service tax. However, the implementation of […]
Key Takeaways A Domestic Tariff Area under GST (Goods and Services Tax) is a specific part of the country with specially designed trade regulations. These regions do not enjoy tax exemptions. As a result, they operate with standard tax regulations within the country. Learn in detail about Domestic Tariff Areas here to check your eligibility […]
Key Takeaways Get ready to elevate your travel experiences with DBS credit card lounge access. DBS Bank India Limited has partnered with Dreamfolks Services Limited to provide domestic airport lounge access within India. DBS has also partnered with Lounge Key AP Limited to provide you with the option to visit airport lounges internationally. This service […]
by Key Takeaways HSN codes can be confusing if you are initially trying to file your GST returns as a business. During this process, adding an HSN code to your GST registration is a critical task. This is because it ensures accurate tax classification and compliance. Businesses must report the correct values of HSN to avoid […]
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