Oct 2024 GST Update: Bank Account Validation for Amendments
In October 2024, the Goods and Services Tax Network (GSTN) announced a significant update, mandating automatic bank account validation during non-core amendments to GST...
How to Easily Avoid GST Penalties?
With every financial decision comes with it, its legal obligations. A taxpayer's most important duty is to pay their taxes on time, failing to...
How to file GST Return in a Single Click: A Game-Changer for Businesses
How to file GST Return in a Single Click: Embrace Efficiency and Productivity
In today's fast-paced business world, time is of the essence, and entrepreneurs...
Introduction to the Composition Scheme under GST
Introduction
Composition Scheme under the Goods and Services Tax (GST) is a scheme that is designed to simplify the tax compliance process for small businesses...
GST Registration Status: An Up-to-Date Guide on Your Application Progress
Introduction
Goods and Services Tax (GST) is a value-added tax system introduced in India to simplify and streamline the indirect tax regime in the country....
Understanding HSN Code: What it is and How it Works
HSN code is a six-digit code used to classify goods in the world of trade. It stands for Harmonized System of Nomenclature and is...
The Benefits of Regularly Reviewing Your GSTR-2B Statement
Introduction to GSTR-2B
GSTR-2B is an auto-drafted input tax credit (ITC) statement under the Goods and Services Tax (GST) regime in India. It provides taxpayers...
QRMP Scheme – Know All About Quarterly Return Filing and Monthly Payment of Taxes...
Latest Update
6th January 2021
IFF has been LIVE on the GST portal. Classifying out the B2B documents for IFF reporting, it becomes essential to pass...
GST Payment & Refunds – Meaning, Calculations, and Types of GST Refunds and Payments
Article Content:
What is GST Payments and Refunds?
Types of GST payments
GST calculation and payment
Who should and when pay GST?
How to...
GST Updates – Notifications, GST Relaxation For Covid-19, Announcement & Meetings
Date Wise GST Updates
24th March 2020
As India is facing difficult times due to COVID-19, to provide some relief for businesses Class on 24th March...