CGST

Credit Notes OR Debit Notes to be issued by ISD: A registered person is required to issue credit note or debit note under certain circumstances. GST is considered as an indirect tax for the whole nation that would make India one unified…

Classification under Goods and Services Tax: Across the Globe under various GST regimes, classification as a subject is not a complex issue for the simple reason that across the Globe, most economies have a two rate GST structure. Under…

Tech Startups and Accounting: Successful entrepreneurs are good strategists. They have foresight to spot future trends. They have insights to commercialize and execute ideas. But most entrepreneurs might have little or no exposure to system…

GST Refund - Refund of tax, interest, penalty, fees or any other amount. GST Refund Draft Rules. Procedure of Refund in GST is time bound and if not paid in time will be subject to interest. It seems to be simple . Circumstances are defined…

Terms under GSY, Definition of all Important terms used in GST regime. Key Definitions Under GST, Definition of various key words used in GST, Check Various Definitions under Goods and Service Tax Model. Here we are providing Definitions of…

ISD under GST: Input Service Distributor (ISD) means an office of the supplier of goods or services or both which receives tax invoices towards receipt of input services and issues a prescribed document for the purposes of distributing the…

Update DSC at GST Portal, Manual Guide and FAQs for DSC Update. Check out step by step guide for updating DSC at GST Portal with Screenshots.Must Read - DSC Registration Update DSC I have renewed my DSC. How can I update my DSC with…

Kind of Assessment in GST: Assessment of GST returns have been defined in Chapter- XII under section 59 to 64 of the CGST Act, 2017. There are several types of assessment under gst which have been categories as below: Kind of Assessment in…

Accounts and Other Records: Assessment in GST is substantially focused around self-assessment. Every taxpayer thereby is expected to self-assess the liability, file the returns and pay the tax by the 20th of the following month. The…

GST Supply - Bill to & Ship to Scenario: GST is basically an indirect tax that brings most of the taxes imposed on various goods and services at the point of manufacture, sale and consumption of goods and services under one umbrella at…