This article aims to highlight the GST implications of supplying second-hand goods.
The Indian Goods and Services Tax (GST) system, introduced in July 2017, has revolutionized indirect taxation. To improve compliance, transparency, and automation in tax administration, the government has implemented two major digital systems
GSTN has issued an advisory recently that documents reporting in GSTR-1 is made mandatory from the May 2025 return period.
GST for Freelancers & Consultants: A Complete Guide for Domestic & Foreign Clients (With Practical Q&As, Sections, Rules & Compliance Tips)
Reverse Charge Mechanism, or RCM as it's commonly known, is one of those GST rules that sounds harmless on paper but tends to create a lot of buzz - and confusion - in the real world of accounting and compliance.
Discover how the CGST Act amendments reduce GST penalty pre-deposit to 10%, easing appeals for taxpayers. Learn the practical implications and benefits.
RCM under GST applies to certain categories where the buyer has to pay GST directly to the government and then can claim ITC if eligible.
Entertainment and the lives of Indirect Tax Professionals-such as Chartered Accountants, Advocates, and others-are more closely linked than they may seem at first glance.
Future of GST compensation cess totally hinges on the GST Councils decision about the surplus after loan repayments.
GSTR Input Reconciliation with GSTR-2A Using Advance Excel UtilityFiling the GST Annual Return (GSTR-9) is a crucial compliance task for every registered taxpay...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English