November 25, 2022
Table of Contents 1GST Compliance Rating | Statutory provisions 2GST Compliance Rating Score and objective3GST Compliance Rating Score Parameters4What are the benefits of GST Compliance Rating Score5GST Compliance Rating Score | Drawbacks6Synopsis With the major tax reform introduced in India in the form of Goods and Services Tax (GST), the concept of compliance rating was also
November 18, 2022
Table of Contents 1Time limit to avail ITC applicability : 2020-20212Time limit to avail input tax credit applicability 2021-20223Claim upto 100% Input Tax Credit Way back in the year 2002, the then Prime Minister of India, Shri Atal Bihari Vajpayee, proposed the need of Goods and Services Tax (GST) in India. After around 15 years
November 4, 2022
Table of Contents 1What is a GST MIS Report?How Should MIS Reports Be Used?2Why should you use GST MIS reports?3Type of MIS Reports – You need to know4Top Indian companies rely on GSTHero Software!5File your GST returns in minutes, not hours! The Indian government has made significant reforms to the indirect taxation system in the last
November 4, 2022
Table of Contents 1What is a GST Notice?2Show Cause Notice Concept3Different Show cause notices under GST1. Show Cause Notice – Under Section 732. Show Cause Notice – Under Section 743. Show Cause Notice – Under Section 764Most common causes of GST Notices5Respond to GST Notices and the Results of Failure to Respond6Conclusion7File your GST returns in
November 3, 2022
The Indian tax system has undergone significant changes over the past decade. Tax rates, laws, and litigation have all been made simpler to increase compliance, ease of payment, and enforcement. Pre-GST litigation is important for business to increase their tax revenue.However, the effects of direct/indirect tax litigation and tax administration rationalisation are a never-ending process.
November 3, 2022
Table of Contents 1GST on construction industry and its GST provisions2Supply of goods or supply of services3GST taxability on construction industry 4GST on construction industry as effective DateGST Rate Structure for Residential Real Estate ProjectGST on Construction industry : 1%/ 5% new GST rates applicability5Applicability of Reverse Charge Mechanism 6Claim upto 100% Input Tax Credit The construction industry