The aim of Indian government is to increasing the output and quality of export from India in pursuance to the "Make in India" policy. Indian government also provide the many incentives to the exporters to boost export in India and in addition to incentives, government also provide many benefits as far GST is concerned. Like Refund of GST in export of goods or Service.
In a strategic move towards future growth and market positioning, businesses often undergo transformations, and transitioning from a partnership firm to a Private Limited Company is a significant journey.
To meet the deadline for the financial year 2022-23 and ensure compliance with GST regulations on Input Tax Credit (ITC), taxpayers should take some timely actions
The article will delve into the details of the case and the court's reasoning, emphasizing its implications on GST compliance.
In this article, we will decode the intricacies of GST, offering a simplified understanding of its concepts, registration process, benefits, and challenges.
Top 5 government clarifications and Notifications in taxpayer’s interest made effective in Oct 2023 and Nov 2023
1. Refund in case of Transportation of goods where either location of supplier or location of recipient is outside IndiaPlace of Supply(POS) of service of trans..
Whether GST on Corporate guarantees provided by one person to another is applicable retrospectively or prospectively from 26th October 2023?
After issuance of the original invoice, there could be changes like change in value, change in tax amount or rate, or any other similar change. It happens in the normal course of business, in this instance "Debit/Credit Note" is issued to give the effect of changes in the account.
Important Changes made w.e.f. 20-10-2023 that will affect your Input Tax Credit availability
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards