The Goods and Services Tax Network is constantly streamlining its GST portal and introducing new features to simplify compliance and auditing for taxpayers. The latest is…

A – Circular No. 231/25/2024-GST: The circular primarily provides clarification regarding the GST treatment of advertising services provided by Indian companies to foreign clients. Here’s a…

The meeting was chaired by Union Finance Minister Smt. Nirmala Sitharaman in New Delhi. The Council made several important recommendations, including changes in GST tax rates,…

This article includes the following key pointers: What is E-invoicing? What is E-way bill? To whom E-invoicing is mandatory? To whom E-way bill is mandatory? What…

This article includes the following key pointers: What is an Input Service Distributor (ISD)? Distribution Procedure under Section 20 of the CGST Act, 2017 changes Conditions…

In May 2024, significant advancements were observed in The Goods and Service Tax landscape, indicating a strong economic performance alongside intentional initiatives aimed at improving the…

The Remission of Duties and Taxes on Exported Products (RoDTEP) scheme The Government’s RoDTEP scheme, aimed at reimbursing various embedded taxes and duties on exported products.…

This article includes the following key pointers: What is Corporate Guarantee? Corporate Guarantee VS Bank Guarantee GST applicability on Corporate Guarantee Corporate Guarantee by Indian Holding…

IntroductionThe concept of “Place of Supply” is pivotal in the Goods and Services Tax (GST) regime as it determines the jurisdiction under which a particular transaction…

GST registration is a legal requirement for businesses with an annual turnover beyond a certain limit. Registering not only ensures compliance but also assures legitimacy to…

Introduction Discounts form an integral part for the suppliers for incentivizing sales. Offering discounts to customers, retailers or to whomsoever the supplier is selling the goods…