Understanding GST Section 15: Value of Taxable Supply
The Goods and Services Tax (GST), implemented in India on July 1, 2017, was a revolutionary change in the tax structure, intending to streamline and simplify the process of tax…
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Consequences of Late or Non Filing of GSTR-3B
The Goods and Services Tax (GST) introduced in India in 2017 transformed the indirect taxation landscape, simplifying tax structures and increasing compliance. Among the various returns under GST, GSTR-3B holds…
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Removal of Director section 169 of Companies Act: Procedure, Precautions etc.
In the complex structure of corporate governance, directors play a pivotal role in steering the company towards its goals. They are not just figureheads but are actively involved in the…
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A Detailed Guide to LLP Annual Return Form 11: Due Date, How to file, Fees etc.
Limited Liability Partnerships (LLPs) have become a preferred form of organization among entrepreneurs due to their flexibility and the limited liability protection they offer to the partners involved. Just like…
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GST Registration can take upto 30 days even after Aadhar Authentication
Understanding the Impact of New GST Registration Protocol on Indian Entrepreneurs The Goods and Services Tax Network (GSTN) has been at the core of India’s ambitious tax reform since its…
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OIDAR under GST: Detailed Explanatory Guide
Introduction to OIDAR Services under GST Online Information Database Access and Retrieval (OIDAR) services represent a modern category of digital transactions significantly impacted by GST regulations. Understanding OIDAR is essential…
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A Detailed Guide to LLP Form 8 – Statement of Account & Solvency: Due Date, How to file, Fees etc.
Introduction to LLP Form 8 – Statement of Account & Solvency In the vibrant and dynamic business landscape of India, Limited Liability Partnerships (LLPs) represent a popular organizational structure, offering…
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How to Reply to DRC-01C: Notice of ITC Mismatch GSTR-2B vs GSTR-3B
Understanding DRC-01C: Notice of ITC Mismatch in GSTR-2B vs GSTR-3B When operating in the realm of GST in India, maintaining accuracy in the filing of monthly returns, specifically GSTR-1 and…
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CMP-08: The Ultimate Guide to Quarterly GST Returns for Composition Dealers
With the implementation of GST (Goods & Services Tax) in India, the tax landscape saw a seismic shift. This monumental tax reform was accompanied by new procedures, notifications, and forms…
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E-Invoice Integration in E-Waybill Generation – Strategies for Taxpayers Post-March 2024 Mandate
As the complexities of global business evolve, so do the requirements for regulatory compliance. Starting from March 1, 2024, India’s Goods and Services Tax (GST) law will undergo a significant…
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GST Department’s Revolutionary E-Payment Enhancements with Card and UPI Options
In the era of digital transformations, the Goods and Services Tax (GST) Department has upped its game, extending the taxpayer experience beyond net-banking to newer, more expedient methods of e-payment….
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Decoding GST on Rent: Residential vs. Commercial Properties
In the Indian economic landscape, property rental holds significant weight, both as a vital income source for individuals and businesses, and as an unavoidable expense component for countless firms. The…
