Learn how to file a GST Letter of Undertaking (LUT) correctly and avoid common mistakes that delay exports or cause compliance issues. Understand LUT meaning, eligibility, renewal rules, and expert filing support from Setindiabiz for seamless, error-free GST compliance.
Setting up a virtual office for GST registration can save cost and add credibility to your business but mistakes in address, documents, or provider choice can lead to rejection or penalties.
The Supreme Court in Commissioner of Trade and Tax, Delhi v. M/s Shanti Kiran India (P) Ltd. (2025) upheld that bona fide purchasers cannot be denied Input Tax Credit (ITC) under the DVAT Act merely because the selling dealer failed to deposit tax.
06 November 2025
6933 Views
The new Rule 14A under GST simplifies registration for taxpayers. This guide covers eligibility, documentation, application steps and the latest CBIC notification for smooth GST registration.
The Next Generation 2.0 GST Rate Reform, effective September 22, 2025, marks a major overhaul of India's GST system. The reform simplifies rate slabs to 5%, 18%, and 40%, corrects inverted duty structures, merges the Compensation Cess, and revises exemptions for essential goods and services
Rule 14A, introduced under the CGST framework as a "Simplified GST Registration Scheme," promises faster registration for small taxpayers but hides complex compliance traps. This detailed analysis explains its operational flaws, officer discretion, withdrawal hurdles, and why it may burden rather than benefit micro-businesses.
Discover when GST registration becomes mandatory in India with this detailed FAQ. Learn turnover thresholds, inter-state supply rules, e-commerce requirements, compulsory registration categories, penalties for non-compliance, and more to ensure smooth GST compliance for your business.
Avoid costly mistakes in GST registration and income tax filing with this detailed guide. Learn how to prevent common errors like mismatched PAN, Aadhaar verification issues, wrong ITR forms and missed deductions.
October 2025 GST return is crucial! Taxpayers must reconcile FY 2024-25 data, finalize ITC claims, issue credit notes, and correct errors before deadlines.
04 November 2025
3357 Views
The GST Council's Simplified GST Registration Scheme, effective 1 Nov 2025, enables 3-day auto-approval for low-risk taxpayers with B2B output tax ≤ Rs 2.5 lakh/month.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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