Key Takeaways GST, or Goods and Services Tax, is a comprehensive tax system that has replaced multiple indirect taxes in India. It is designed to streamline the process of tax collection and promote ease of doing business across the country. Under GST, businesses are required to register and file returns periodically, reporting details of their […]
Key Takeaways Before going into what is IGST (Integrated Goods and Services Tax), you should understand what GST (Goods and Services Tax) is. India is a federal country and both the Central government and the state governments have the authority to impose and collect taxes which are invested for the development of India. There are […]
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 […]
by Key Takeaways After easy access to internet connectivity and smartphones, the e-commerce space has been growing at a fast pace in India. Moreover, the tax norms regarding filing GST returns have clearly described the tax rates on online sales which were missing in the earlier jurisdiction. Whereas, now you can find proper intimations in GST […]
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