Recent posts on GST – Goods and Services Tax

Tax Invoice is a crucial document given by the supplier of goods or services to the recipient with details of the transaction for recording different components in the

Every tax payer under GST law is required to self-assess the tax payable by him or for the business and furnish periodical return with the government stating all

The purpose of audit under GST law is to assess the compliance with the provisions of GST and to verify the correctness of turnover declared, tax paid, input

Goods and services tax or GST has been introduced as one nation one tax to subsume different taxes that were charged earlier by central and state governments. To

The main reason of bringing GST law into India is to reduce the cascading tax effect. As per the present law, at each stage of the entire supply

With effect from 1st July 2017, Goods and Service Tax (GST) has been introduced in India to combine nine existing taxes into one. In this article, we will

Not all suppliers in India are required to get GST registration. If you fulfil certain conditions then only registration under GST law is mandatory. After GST registration, you

The meaning of intrastate supply and interstate supply is important in GST law to know the tax implication. As per the present GST law, states only have the

In this article, we will be discussing the meaning of aggregate turnover as per GST law. Before getting into the definition and things that are included or excluded,

Business units registering under GST law will be provided a unique identification number known as Goods and Services Tax Identification Number or GSTIN. GSTIN consists of 15 unique