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: Renu Suresh in GST Compliance
GST Compliance: Year-End Checklists for FY 2023-24 With the end of the fiscal year approaching and the onset of a new one, it's imperative for companies to engage in several activities related to the Goods and Services Tax (GST) to…
Post by: Renu Suresh in GST
GST Search Taxpayer GST registration details play a pivotal role in verifying the legitimacy of businesses and ensuring adherence to GST laws. By utilizing the search and verification feature on the GST Portal via GSTIN, individuals can promptly access comprehensive information…
Post by: Renu Suresh in GST
GSTIN: A Comprehensive Guide The Goods and Services Tax Identification Number (GSTIN) is a unique identification number assigned to every business registered under the Goods and Services Tax (GST) regime in India. It is a 15-digit alphanumeric code that serves…
Post by: Renu Suresh in GST
Input Tax Credit (ITC) under GST: A Step-by-Step Guide to Claiming ITC Input Tax Credit (ITC) under GST is like a refund for the taxes you pay when you buy things for your business. You can use this refund to…
Post by: poonamgandhi in GST GST in India
Geocoding of address under GST Address verification of the place of business is vital under Goods and Services Tax (GST). Accordingly, to confirm the accuracy of the address details recorded in the Goods and Services Tax Network (GSTN) and streamline…
Post by: poonamgandhi in GST GST in India
Manner of verifying document Reference Number (RFN) for offline correspondence Goods and Services Tax (GST) is the biggest tax reform in India. With the introduction of GST, i.e., on 1st July 2017, most of the interaction between the assesses, and…
Post by: poonamgandhi in GST GST in India
Provisions of GST Appellate Tribunal post-Finance Act, 2023 The Finance Bill 2023, presented on 1st February 2023, got approval in Lok Sabha on 24th March 2023. The Bill got approval in Rajya Sabha on 27th March 2023. Whereas, the presidential…
Post by: poonamgandhi in GST GST in India
49th GST Council Meeting 49th GST Council Meeting was held on 18th February 2023 under the Chairmanship of Finance Minister of India Smt. Nirmala Sitharaman. The meeting took place in New Delhi. Notably, topics like amnesty scheme, streamlining of GST…
Post by: poonamgandhi in GST GST in India
Filing of Annexure V Declaration by Goods Transport Agency (GTA) Goods and Services Tax (GST) taxability in respect of Goods Transport Agency (GTA) has undergone a drastic amendment with effect from 18th July 2022. As we are aware, from the…
