This guide explains key GST checks while finalising books of accounts, including ITC eligibility, RCM, Rule 37, inventory, capital assets, and year-end ...

Learn the difference between Composite Supply and Mixed Supply under the CGST Act, 2017, and understand how the correct classification determines the applicable GST rate and helps avoid tax ...

Learn how a GST calculator helps businesses improve invoice accuracy, reduce tax calculation errors, and simplify GST billing and reconciliation processes.

Based on the recent GST Council meeting, a significant GST reform has been approved, which includes a new two-slab structure and several rate cuts on a wide range of goods and services. The new tax ...

The reduction of GST on daily essentials like milk, medicines, and packaged foods from 12% to 5% is set to lower costs for consumers. This change will directly increase disposable income. “Since tax ...

With GST set to be implemented from mid-night, here’s the new Goods and Services Tax would entail for young working professionals across the country. GST or the Goods and Services Tax will be ...

On Sunday, 29th October, a high level panel on the Goods and Services tax (GST), led by Assam finance minister Himanta Biswa Sarma, came up with some suggestions to help small and medium enterprises ...

This is a user generated content for MyStory, a YourStory initiative to enable its community to contribute and have their voices heard. The views and writings here ...

On September 22, India will see one of the most taxpayer-friendly reforms since the Goods and Services Tax (GST) was rolled out in 2017. With the new two-slab tax system - 5% and 18% - launched as ...

Called the 'A-Z GST Guide', the programme in its pilot phase has already helped train over 5,000 sellers on the Amazon platform to get ready for GST. New Delhi: E-commerce major Amazon India has come ...