Why Hiring a GST Lawyer Can Save Your Business. Goods and Services Tax (GST) is a cornerstone of India’s tax system. It replaced multiple indirect taxes. It aims for a unified market. However, GST laws are complex. They are constantly…
GST Compliance for New Business Owners: Launching a new business is exciting. You have innovative ideas. You envision rapid growth. However, Indian tax laws can seem daunting. Especially, Goods and Services Tax (GST) compliance presents unique challenges for new entrepreneurs….
Top 10 GST Mistakes: Starting a business is an exciting journey. However, it also involves navigating a complex web of regulations. One crucial aspect is the Goods and Services Tax (GST). GST is an indirect tax levied on the supply…
Understanding GST in India: Starting a business in India involves many crucial steps. Understanding the Goods and Services Tax (GST) is one of them. GST is a comprehensive indirect tax. It applies to the supply of goods and services. This…
Received a Notice from GST Department: Receiving a notice from the Goods and Services Tax (GST) Department can feel unsettling. However, it is crucial to remain calm and act strategically. At Resolute Tax Attorneys: Leading Experts in GST & Tax…
Quarterly vs. Annual Composition Scheme: The Goods and Services Tax (GST) regime in India offers various schemes to taxpayers based on their turnover. Among these, the Composition Scheme has gained significant popularity due to its simplified compliance requirements. However, taxpayers…
Demystifying GST Refund for Exports: The Goods and Services Tax (GST) regime in India has revolutionized the indirect tax landscape. While it streamlines the process for businesses, claiming Input Tax Credit (ITC) and refunds for exports can sometimes be a…
Evaluating Composition Scheme Eligibility: The Goods and Services Tax (GST) regime in India offers a simplified tax compliance scheme for small businesses, known as the Composition Scheme. This scheme provides significant advantages, including lower tax rates and simpler filing procedures….
Mastering Time of Supply for Goods: The Goods and Services Tax (GST) introduced a revolutionary change in the Indian indirect tax landscape. However, navigating the intricacies of GST compliance can be a challenge for businesses of all sizes. One crucial…
Facing a GST Show Cause Notice (SCN) can be stressful. These notices, issued by the tax authorities, raise questions about potential discrepancies in your GST filings. A well-crafted response is crucial to minimizing penalties and ensuring a smooth resolution. Here’s…