Explore GST

KNITTED CROCHETED FABRICS WIDTH 30 CM - GST RATES & HSN CODE 6003

Knitted or crocheted fabrics are an essential component of the textile industry, and their importance cannot be overstated. These fabrics are...

Demand of Tax Under GST by Tax Authorities

Demand of tax by the tax authorities under GST and the applicability of interest on the demand is an important aspect that every registered taxpayer..

CBDT: No TDS on GST Component

It is important to note that this clarification is only applicable to the TDS provisions of the CGST Act, 2017. It does not affect the other provisions of ..

GST Invoice Details : Essential Information

An invoice is often a commercial document sent by a seller to a buyer. It names, characterizes, and quantifies the goods sold, displays the date of shipment..

GST on Hostel Accommodation Service by Educational Institutions

In this article, we will discuss the applicability of Goods and Services Tax (GST) on hostel accommodation services provided by...

GST Composition Scheme Presumptive and Taxation in India

The GST Composition Scheme and Presumptive Taxation are two different tax schemes introduced by the Indian government to...

GST on Sale of TDR/FSI- Received for Surrendering Joint Rights in Land

In India, the Goods and Services Tax (GST) is a comprehensive tax system that replaces all indirect taxes levied on goods and services...

GST Expense Breakup in Tax Audit Report

If you're a small or medium business owner in India, you must be familiar with the Goods and Services Tax (GST). In this article, we'll discuss...

Interest on Delayed Income Tax/TDS/GST

Learn about interest on delayed income tax, TDS, GST or any statutory payment, when it is allowed as a deduction and the implications of not paying...

GST as a Tax – Regressive, Progressive or Hybrid?

The Goods and Services Tax (GST) was introduced in India on July 1, 2017, after a decade-long debate. The idea was to create a single...