Category: GST

According to a survey conducted in June 2022, 37% of businesses reported a significant reduction in the time spent on GST compliance compared to the previous tax regime. This considerable…

Goods and Services Tax, popularly known as GST, is a destination-based indirect tax that is levied on goods and services supplied in India. It was introduced in 2017 and has…

Did you know that after the GST was implemented, it swiftly replaced most of the indirect taxes in India? According to a stat, as of January 2023, the number of…

As of 2023-24, there are around 82 million taxpayers in India. Even after a huge number of people rely on GST, understanding its complexities might be challenging, but it is…

A Letter of Undertaking is an important document for any exporter under the GST regime in India. It means that the exporter is declaring to the tax department that it…

The Goods and Services tax, popularly known as GST, has transformed the Indian taxation system. It greatly benefits the MSME sector. The number of new MSME registrations in India increased…

The suspension of your Goods and Services Tax (GST) number can make it difficult for your business to run. In 2023, 4,900 fake GST registrations were canceled. When a business…

India adopted the goods and services tax on July 1, 2017, under the new tax system. That was a big adjustment to the nation’s tax structure. One must be aware…

With the introduction of the Goods and Services Tax (GST) through the GST Act in 2017, every form of indirect taxation was eliminated. All the products and services came under…

A software program called GST Prime was created to make the process of complying with the Goods and Services Tax (GST) in India easier. Advanced analytics, real-time data coordination, automated…