Supply in GST – 10 Facts You Need to Know

With the Finance Minister resolute on introducing GST on 1st July 2017, businesses are left with no choice but to get ready for the most awaited tax reform.

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Tax Collected at Source (TCS) by an e-Commerce Operator- All You Need to Know

Application for Registration for TCS collector is to be filed in REG-07. Registration certificate to be issued in REG-06.

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Supply Chain in GST: How to Optimize it in 3 Steps

Supply chain is the very foundation of product delivery comprising of individuals, technology, activities and resources involved in the movement of items from manufacturing till delivery. Some typical links in

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Compensation Cess under GST

Compensation Cess under GST is levied by GST - Compensation to States Act 2017. Read all about the compensation cess under GST here

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Anti-Profiteering Provisions of GST – A 3 Step Plan for Companies to Comply with

Australia is said to be the first country to introduce an anti-profiteering provision during GST introduction in the year 2000, followed by Malaysia in the year 2015.

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Who needs to register under GST

Any business in the supply of goods or services with a specific turnover needs to register under GST. Know if Salaried employees, small businesses, and Individuals need to register under GST.

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Bill of Supply under GST

As per GST law, for every supply of taxable goods or services, a registered supplier is required to provide a tax invoice to the Purchaser.

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CGST, SGST & IGST: The Three Pillars of Goods & Service Tax

GST is structured as One-multistage based taxation system, it is categorized into CGST, SGST or IGST, based on whether the transaction is Intra-State or Inter-State.

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Cancellation, Revocation and Re-Registration under GST

The GST Regime mandates every person/business with an annual turnover of Rs. 40 lakhs or more, to register as a normal taxable person.

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GST Registration Requirement For E-commerce Vendors

If you are someone who wants to start selling through e-commerce platforms and wondering if you need to register for GST then read this article it talks aboutGST Registration Requirement For E-commerce Vendors

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Inverted Tax Structure in the GST regime

Inverted Tax Structure in the GST regime | Inverted Tax Structure is a condition where the rate of tax on inputs purchased is more than the rate of tax on outward supplies (finished goods).

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Invoice Furnishing Facility (IFF) under GST

To ease the compliance burden, the system has assigned quarterly frequency to small taxpayers automatically. This is why IFF was introduced

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