GST

Impact of the introduction of GST on the NGOs

Impact of the introduction of GST on the NGOs

The GST implementation has been a great tax reform that has unified the entire nation, regarding taxation. This has been beneficial across several sectors. Moreover, the implementation of GST will also have social consequences on charities as well as non-profit organizations. Here, you will get to know the details about the impact that GST has … Read more

GSTR-2A and GSTR-2B Know the key differences

GSTR-2A and GSTR-2B Know the key differences

The GST  introduced two new forms for the purposes of GST Return Filing, GSTR 2A and GSTR 2B, both of which are automatically populated as per Goods and Service Tax rules and regulations. Here, we’ll compare and contrast GSTR 2A and GSTR 2B which is extremely important for taxpayers to know. What is GSTR -2A? … Read more

GST on imported goods in India

GST on imported goods in India

As an importer, knowing how GST affects your incoming cargo is crucial to your bottom line. Knowing the ins and outs of GST and how it affects your product price is crucial for running a successful import business. This article will help you understand GST on Imported Goods in India. What is GST? On July … Read more

Key GST Changes w.e.f 1 October 2022

Key GST Changes w.e.f 1 October 2022

Key legal amendments linked to the Goods and Services Tax (GST) were incorporated in the Finance Act earlier this year, and according to an official order, they went into force on October 1. Knowing the GST Changes w.e.f from 1st October 2022 is thus essential. These changes will have direct as well as indirect impact … Read more

GST Registration For Beauty Parlors in India

GST Registration For Beauty Parlors in India

The craze now for beauty parlors is unbelievable. Nowadays, personal grooming is an integral aspect of every stylish look. Taking a short course in the beauty industry and filling out a few paperwork forms, such as GST registration and Company Registration, is all it takes to open your own salon. If you are starting a … Read more

GST Registration for E-Commerce collecting TCS

GST Registration for E-Commerce collecting TCS

Online business owners or E-Commerce operators who are responsible for collecting Tax Collected at Source (TCS) under GST are also now required to register for GST, under a new regulation. Let us understand the important information relating to GST Registration for E-Commerce collecting TCS. Understand about the GST TCS Regulations on E-Commerce An entity that … Read more

GST on co-operative housing society

GST on co-operative housing society

The term “co-operative housing society” refers to a legal entity formed in accordance with state co-op regulations. Housing societies are defined by the Maharashtra Co-operative Society Act, 1960, Section 2(16), as organizations whose primary purpose is to provide members with open plots for housing, dwelling houses, or flats; or, if such properties have already been … Read more

GST on Hotel & Tourism Industry

GST on Hotel & Tourism Industry

There has been a change in the form of indirect taxes in India since the introduction of the Goods and Services Tax (GST) on July 1, 2017. The GST is a comprehensive tax that replaced all the previous indirect taxes, including the Central Sales Tax (CST), State Sales Tax (SST), Service Tax, etc. This article … Read more

Gst registration on voluntary basis

Gst registration on voluntary basis

You may register for GST freely under Goods and Services Tax regulations, even if there is no legislative necessity to do so. Regardless of whether or not they meet the minimum threshold requirements, any firm that offers goods or services can voluntarily register for GST. If you want to learn more about GST Registration on … Read more