Section 76 of the Central Goods and Services Tax Act, 2017, plays a significant role in ensuring the accountability of taxpayers who collect tax from […]
GST
Understanding GST: Meaning, Benefits, and Key Features
As per Article 366(12A) of the Constitution of India, Goods and Services Tax refers to a tax on the supply of goods or services or […]
GST on Hotel Accommodation: Rates, Tax Implications, and ITC Explained
In 2023, the direct contribution of the tourism and hospitality industry to India’s GDP was over 231 billion U.S. dollars. The market size is estimated […]
E-Way Bill Explained: A Guide to Goods Movement Under GST
With the introduction of the Goods and Services Tax (GST) on July 1, 2017, the landscape of indirect taxation in India transformed. Among the many […]
Understanding GST: Definition, Key Features, and Benefits
Goods and Services Tax is a tax on the supply of goods or services or both, excluding alcoholic liquor for human consumption. This definition is […]
Understanding E-Invoicing Under GST: Definition and Applicability
An e-invoice, or electronic invoice, under the Goods and Services Tax system in India, is a digital document that is generated and authenticated electronically for […]
Real Estate GST Guide: Applicability on Land, Flats, Rentals and Commercial Units
The introduction of the Goods and Services Tax created one of the most significant shifts in the Indian indirect tax framework. Real estate, being a […]
Section 17(5) of CGST Act Explained: Complete Guide to Blocked Input Tax Credit under GST
The Goods and Services Tax in India was introduced with the vision of bringing uniformity in the indirect tax system and ensuring that businesses operate […]