The Goods and Services Tax (GST) has reshaped the way businesses in India handle indirect taxation. For multi-locational entities, especially those with a central head […]
GST
GSTR-1 Return Filing Under GST: Step-by-Step Guide for Businesses
The Goods and Services Tax framework in India brought about a fundamental change in the way indirect taxes are levied and collected. One of the […]
Understanding GST Implications in Real Estate Joint Development Agreements
Joint Development Agreements are now one of the most common collaboration models in Indian real estate. They allow landowners and developers to combine resources for […]
Aggregate Turnover in GST: Definition, Scope, and Compliance Explained
The concept of aggregate turnover is central to the Goods and Services Tax (GST) regime in India. It serves as the basis for determining various […]
Major GST Relief: Composition Dealers Excluded from RCM on Renting of Commercial Properties
In the 55th GST Council Meeting held on December 21, 2024, a significant clarification was announced regarding the applicability of the Reverse Charge Mechanism (RCM) […]
GST Inverted Duty Structure Refund Explained: Step‑by‑Step Filing Process
The Goods and Services Tax regime was introduced in India to simplify indirect taxation and ensure seamless credit across the supply chain. One of the […]
Understanding GST Liability on Reimbursed Expenses After CBIC Guidelines
The Goods and Services Tax regime, introduced in India to unify indirect taxation, has faced its share of interpretational challenges. One such persistent area of […]
Ultimate Guide to Place of Supply in GST: Legal Framework, Importance, and Examples
Goods and Services Tax in India has fundamentally transformed the indirect tax system by shifting from an origin-based model to a destination-based framework. In simple […]
Supply of Goods and Services under GST: Concepts, Types, and Scope
The Goods and Services Tax (GST) regime in India is structured around the concept of ‘supply’. Supply is the foundation upon which GST liability is […]
GST Compliance in Real Estate: Input Tax Credit, Reverse Charge, and Obligations
The real estate sector has always been regarded as one of the most complex and heavily regulated industries in India. The introduction of the Goods […]
GST Rule 37A and ITC Reversal: Key Insights from the Latest GSTN Advisory
The introduction of the Goods and Services Tax was intended to simplify indirect taxation in India and bring in a unified framework of compliance and […]
Aggregate Turnover Under GST: A Practical Compliance Framework for Taxpayers
Aggregate turnover is one of the most critical metrics in the Goods and Services Tax (GST) regime. It determines a taxpayer’s eligibility for registration, the […]
GST on GTA Services in India: Compliance Checklist and Exemption Overview
The Goods and Services Tax (GST) has significantly altered the landscape of indirect taxation in India. Among the sectors most affected is the transport industry, […]
Goods and Services Classification under GST: Rules, Rates, and Compliance Essentials
India’s transition to the Goods and Services Tax represented a significant reform in the field of indirect taxation. By subsuming excise duty, service tax, VAT, […]
GST Input Tax Credit Explained: Complete Guide to Claiming ITC under GST
The Goods and Services Tax was introduced in India as a transformative reform that aimed to simplify the indirect tax structure, integrate multiple levies, and […]