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Goods and Services Tax

6 Posts

A tax (Goods & Services Tax) is imposed on Goods & Services to replace multiple indirect taxes such as VAT, Services Tax, etc. GST tax is included in the total price of selling goods domestically, paid by consumers. Get all the updates on GST.

Composition Scheme

The GST Composition Scheme is a simplified tax regime for small taxpayers under the GST system in India. It allows them to pay a fixed percentage of their turnover as GST instead of regular GST rates.

e-Way Bill

The GST e-Way Bill is a mandatory document for the movement of goods worth over Rs. 50,000 under the GST system in India. The e-Way Bill can be generated electronically on the GSTN portal or and is required for inter-state and intra-state transportation of goods.

GST Basics

The Goods and Services Tax (GST) is a comprehensive indirect tax system that has merged many of the taxes in India. We will cover all the GST basics, including what GST is, how it works, and the different types of GST.

GST Invoice

The GST invoice is a crucial document under the Goods and Services Tax (GST) system in India, utilized to record the transaction between the buyer and seller of goods and services. We will cover the GST invoice basics, types of GST invoices, and the invoicing requirements for different types of businesses.

GST Return

Filing GST (Goods and Services Tax) returns is an essential task for businesses in India. Thus, filing GST returns regularly, and failure to do so may attract hefty penalties. We will cover about filing GST returns, including the various forms, due dates, and penalties for non-compliance as well as types of GST returns for filing your GST returns online.

HSN Codes & GST Rates

Let’s Understand HSN (Harmonized System of Nomenclature) codes and GST (Goods and Services Tax) rates. We will take you through the different GST rate slabs and provide examples to help you understand how GST rates are applied in different scenarios.

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