Input Tax Credit: Claiming ITC in GSTR-9 for Cross-Year Invoices
Input Tax Credit allows taxpayers to claim credit for the GST paid on purchases (inward supplies) against their GST liability […]
Input Tax Credit allows taxpayers to claim credit for the GST paid on purchases (inward supplies) against their GST liability […]
GST rates refer to the percentage of tax imposed on the sale of goods or services under CGST, SGST and
The turnover limit for filing GSTR-9 (Annual Return) under GST is as follows: Turnover Limit for GSTR-9 Mandatory Filing If
GSTR-9 is an annual return which has to be file by regular taxpayers to maintain accurate records of GST transactions.
TDS on Metal Scrap refers means that a businesses must withhold amount while making payments to suppliers for the purchase
GSTR-2B duplicate issue means the same input tax credit (ITC) is reflected more than once which may be due to
GST on Food Delivery Charges means the tax levied on meals ordered through food delivery platforms like Swiggy, Zomato, etc.
GSTR-2B is a statement which has been generated on the basis of the information furnished by your suppliers or by
Form GST DRC-03A is newly introduced on GST portal to link payments made via Form DRC-03 to link the payment
RCM Under GST is a system where the tax liability shifts from the supplier to the recipient of services. The
Bank Account Validation on GST Portal means the process where the GST portal verifies the bank account details which are
GST on health insurance premiums are subject to 18% tax which increases the overall cost of the policy for consumers.