In India, a person dealing exclusively in tax-free (or exempt) goods is not required to obtain GST registration under certain conditions. Specifically: Since tax-free goods
Introduction In today’s dynamic business environment, staying compliant with ever-evolving regulations is crucial for companies of all sizes. In India, compliance requirements span a variety
Here’s a comprehensive tax compliance checklist tailored for small businesses in India. It covers essential tax obligations, deadlines, and best practices to help ensure full
GST Rates for Goods (HSN Codes up to 8 digits) Chapter 1-5: Animal and Vegetable Products HSN Code Goods Description GST Rate 0101.10.00 Live horses
Introduction GST return filing is a critical compliance requirement for businesses registered under the Goods and Services Tax (GST) regime in India. In this article,
Introduction The Goods and Services Tax (GST) in India has a multi-slabs structure, with four primary GST rates: 5%, 12%, 18%, and 28%. Additionally, there
GST exemptions are granted to specific goods and services to reduce the tax burden on essential items or to promote certain industries. Types of Exemptions
The Goods and Services Tax (GST) payment process in India involves several steps: Step 1: Registration Step 2: Invoice Generation Step 3: Tax Calculation Step
The Goods and Services Tax (GST) invoice is a critical document that plays a vital role in the GST compliance process. It serves as proof
GST payment due dates are crucial for businesses to avoid incurring interest or late fees. Typically, the due date for GST payment is the 20th
