The Goods and Services Tax (GST) framework incorporates mechanisms for ensuring compliance and recovering dues when taxpayers fail to discharge their tax liability correctly. Section […]
GST
Navigating GST Valuation: Practical Challenges and Best Practices for Businesses
Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services across India. One of the most critical […]
Mastering GST Compliance: Scope and Various Types of Supplies Simplified
Goods and Services Tax (GST) is one of the most significant indirect tax reforms introduced to unify the taxation system on goods and services. It […]
IGST Act Explained: Import and Export Valuation Rules and GST Impact
The implementation of the Goods and Services Tax (GST) in India on July 1, 2017, marked a significant reform in the indirect tax landscape. One […]
Step-by-Step Guide to Fix Negative Liability in GSTR-4 for GST Composition Scheme
Negative liability in GSTR-4 is a recurring challenge for many composition dealers under GST. While the Goods and Services Tax Network has introduced mechanisms to […]
Employer-Employee Contracts and GST: What Businesses Need to Know About Taxability
The concept of an employer-employee relationship forms the foundation of many legal, social, and economic frameworks around the world. It defines the rights, obligations, and […]
Residential Welfare Associations and GST: Legal Challenges and Practical Solutions
Residential Welfare Associations (RWAs) are common in housing societies across India. They function as organized bodies to manage shared facilities, maintain infrastructure, and ensure the […]
Income Tax Act Section-wise Guide to Profits and Gains of Business or Profession
The provisions governing the taxation of profits and gains of business or profession form a critical part of the Income Tax Act. This head of […]
How E-Commerce Operators Can Manage Input Tax Credit under GST Section 9(5) Compliance
The Goods and Services Tax framework in India is built on the principle of subsuming multiple indirect taxes into a unified system, ensuring consistent compliance […]
E-way Bill Rules and Regulations for Goods Transportation Under GST
The introduction of the Goods and Services Tax (GST) on July 1, 2017, marked a significant transformation in India’s indirect taxation framework. One of the […]
GST on Restaurant Bills – Impact of Service Charges on Tax Calculation
The restaurant sector in India has undergone significant transformation over the last decade, shaped by evolving consumer preferences, changing business models, and shifting legal and […]
Understanding the Framework and Importance of the GST Audit Manual
The implementation of the Goods and Services Tax (GST) brought about a revolutionary change in the indirect taxation system in India. With this unified tax […]
Anti-Profiteering Provisions in GST Explained: Delhi High Court Judgment Highlights
Section 171 of the Central Goods and Services Tax Act establishes the anti-profiteering measure. This provision requires that any reduction in the applicable tax rate […]
GST Tax Invoice Requirements – What Every Business Must Include
The Goods and Services Tax system has created a uniform structure for indirect taxation across India, significantly altering how businesses document their transactions. One of […]
Understanding GST Summons for Attendance and Document Submission in Investigations
In the framework of the Goods and Services Tax regime, the power to summon individuals for attendance or the production of documents is one of […]