GST FAQs

While creating the waybill from the e-waybill portal - there is an explicit option to select the transaction type. Read More.

I have created an invoice, but don't want the taxable value to be kept including the delivery charge. Read more.

Learn how to draft a GST consent letter for registration. Sample format, requirements, and steps for GST compliance for rented or leased properties.

Learn about Section 195 TDS under the Income Tax Act, its impact on NRIs, and how it governs tax deduction on foreign payments made to non-residents.

Discover the 9506 HSN code and GST rate for gym and fitness equipment. Learn about tax rates for lifting belts, yoga mats, and more.

Discover the HSN code (7123) and GST rates for mushrooms in India, including fresh, dried, and preserved varieties. Stay GST-compliant!

Once e-Invoice is created you will not be able to change the Transaction Type. They are fetched using the e-invoice's IRN. Read more.

Learn about HSN Code 9004 for eyewear, including safety goggles, spectacles, and sunglasses, and the 12% GST applicable to them in India.

Learn about the National Company Law Tribunal's powers, functions, and jurisdiction in India. Explore its role in corporate governance and insolvency resolution.

Learn about Plywood HSN Code 4412, GST rates, and tax classifications for plywood, laminates, and veneers. Stay updated on compliance.

Learn how to easily correct, rectify, and amend GST returns (GSTR-1 & GSTR-3B) to avoid penalties and ensure compliance.

Learn about GST on the export of services to Nepal and Bhutan, its impact, and how to claim GST refunds under zero-rated supply provisions. Stay compliant and boost exports!

Discover who is exempt from GST registration under Section 23 of CGST Act, including non-taxable suppliers, exempt goods, and agriculturists.

Learn about Bills Payable on a balance sheet, their role in accounting, examples, journal entries, and how to manage them with Swipe for better finances.

The blog provides a detailed overview of India's taxation system, covering direct and indirect taxes, their differences, and their economic impact.

Discover the GST rates for printed materials under the 4901 HSN Code, including books, brochures, and newspapers. Learn more about the 4901 HSN Code GST rate.

Learn how to claim TDS in India through simple steps, including filing ITR, verifying TDS details, and recovering excess deductions for refunds.

Learn how to track GST payment status, download GST payment receipts, and resolve payment failures with our comprehensive step-by-step guide for hassle-free GST compliance.

Learn the key differences between revaluation and realisation accounts. Understand their nature, purpose, and credit balances for Indian businesses.

Explore various invoice types, their role in accounting and GST compliance, and how efficient invoicing boosts your business's financial management.

Learn about the hire purchase system in India: a complete guide to ownership, financing, and the legal framework of instalment buying.

Discover the importance of an invoice number in business transactions, especially in India, and learn its purpose, uses, and best practices.

Learn about debit notes, their role in GST, the process of creating one, and their significance in business transactions for accurate financial records and tax compliance.

Get to know what financial reporting means in the Indian business environment—its impact, its objectives, and limitations for the average Indian Business.

Understand the difference between tax planning and tax evasion. Learn legal tax-saving strategies and avoid illegal practices to ensure compliance and financial stability.

On June 22 in New Delhi 2024, the GST Council held its 53rd meeting. Let's take a look at the important highlights for SMEs.

When a supplier spends money on something that's needed to provide a service or product to a client, how the tax called GST (Goods and Services Tax) is applied depends on the nature...

Stay updated on the GST on hotel rooms, and hotel GST rates. Learn about GST on hotel bills, hotel accommodation, ITC, and the hotel industry.

In India, the taxation of travel reimbursement is a complex issue that has implications for both the employer and the employee. The GST rates for reimbursement of travel ...

GST can be overwhelming, especially when it comes to filing returns. GSTR-1, the monthly sales return, is the best map you have, but occasionally you..

Swipe is a free and easy-to-use bill generator app that helps businesses of all sizes create and send professional invoices in seconds. With Swipe...

A GST invoice is a tax invoice issued by a registered GST dealer to a customer for the supply of goods or services. It is a mandatory document for all..

The world of taxation is complex, and when it comes to unique industries like the gold jewelry market, things can get even more intricate. Recently...