Post by: Dinesh Pandiyan in GST
54th GST Council Meeting On 9th September 2024, the 54th GST Council meeting was held in New Delhi, under the Chairpersonship of Finance Minister Smt. Nirmala Sitharaman. The various decisions are made from this meeting, including GST tax rate adjustments,…
Post by: Dinesh Pandiyan in GST
Letter of Authorization for GST A Letter of Authorization for GST is a critical legal document that designates an individual to manage GST-related matters on behalf of a business. This document facilitates the delegation of responsibilities like filing GST returns…
Post by: Renu Suresh in GST
GST Exempted Goods: Exempted Goods Under GST A GST exemption in India means that certain goods and services are not subject to Goods and Services Tax. This policy aims to make essential items more affordable and accessible to the general…
Post by: Dinesh Pandiyan in GST
How to Reply GST Notice Online? A GST notice is an official communication from tax authorities regarding potential issues with your GST filing. Ensure a prompt and proper response to this notice helps you to avoid penalties. To reply GST…
Post by: Renu Suresh in GST
Various types of Electronic Ledgers under GST Under the Goods and Services Tax system, taxpayers have the ability to manage electronic ledgers via the GST portal. Any action taken concerning these ledgers updates them in real-time. Additionally, information in these…
Post by: Dinesh Pandiyan in GST GST Compliance
Year-End GST Reconciliations As the financial year (FY 2023-24) has ended, businesses subject to GST must ensure the accuracy of GST return filings. This process helps avoid discrepancies that could lead to penalties and legal complications. Year-end GST reconciliations can…
Post by: Renu Suresh in GST Income Tax
Essential GST & Income Tax Compliances to Fulfil By 31st March 2024 As we near the end of the financial year, the urgency to fulfil tax responsibilities by March 31 is evident among individuals and business owners. This period is…
Post by: Dinesh Pandiyan in GST GST in India
Interim Union Budget 2024: Goods and Services Tax With elections approaching, Finance Minister Nirmala Sitharaman presents an Interim budget for 2024, addressing the various schemes, programs, and economic development. This article gives information on GST and its proposed changes outlined…
Post by: Renu Suresh in GST
Decoding the GST Registration Certificate: A Comprehensive Guide Businesses registering for the Goods and Services Tax (GST) in India are issued a GST Registration Certificate, officially designated as Form GST REG-06. This digital document is pivotal for businesses, as it…
Post by: Renu Suresh in GST GST in India
GST Taxpayer Categories and GST Registration Procedure in India Understanding the different types of GST registration is crucial for anyone looking to register as a new taxpayer in India. Before you embark on the registration process, it's essential to identify…