GST

GST Registration For Lawn Care Services

GST Registration For Lawn Care Services

When it comes to running a lawn care service, understanding the nuances of tax obligations is crucial for both compliance and business success. One such obligation is Goods and Services Tax (GST) registration, which is an essential step for lawn care service providers in India. In this comprehensive guide, we will explore the ins and … Read more

GST Registration For T-shirt printing Business

GST Registration For T-shirt printing Business

T-Shirt Printing Business has become a popular choice in India. Because of its low-cost investment and large demand, T-Shirt Printing Business is on the rise. But do you know there are some essential requirements to run or start a T-Shirt Printing Business? One of the major requirements is GST Registration. You need GST Registration for … Read more

10,000 Fraudulent GST Registrations Uncovered

10,000 Fraudulent GST Registrations Uncovered

During the initial week of a special drive to detect fake GST Registrations, officials from both central and state goods and services tax departments uncovered approximately 10,000 fraudulent GST registrations. This is a clear indication that you need to get GST Registration through the proper legal process.  Otherwise, there can be serious consequences damaging you … Read more

Govt detected Importers evading GST of ₹11,000 Crores

Govt detected Importers evading GST of ₹11,000 Crores

Advanced Analytics in Indirect Taxation (ADVAIT) data has revealed that 24 large importers have evaded ₹11,000 crore in Integrated Goods and Services Tax (IGST). ADVAIT is a data analytics tool that is used by the Indian government to track and monitor indirect taxes. The tool uses artificial intelligence and machine learning to identify patterns and … Read more

Govt launch special drive to detect fake GST Registrations

Govt launch special drive to detect fake GST Registrations

The Indian government is set to undertake a two-month crackdown on fraudulent practices related to the Goods and Services Tax (GST) starting May 16. The special drive aims to combat unscrupulous elements, including individuals, professionals, and firms who engage in the misuse of input tax credit by using fake identities and forged documents, all without … Read more

GST collection hits highest-ever monthly record in April-23

GST collection hits highest-ever monthly record in April-23

In April 2023, India’s gross GST revenues skyrocketed to a staggering ₹1,87,035 crore, marking a remarkable 12% increase from the highest tax tally recorded in the same month last year. This remarkable feat is a testament to India’s robust economic growth, fueled by various factors, including an increase in domestic consumption, a favorable global economic … Read more

GST on life insurance policy

GST on life insurance policy

Before the implementation of GST on life insurance policy, life insurance premiums were liable to service taxes, including Basic Service Tax, Swachh Bharat Cess, and Krishi Kalyan Cess. These all totaled up to 15% tax rate. Now the GST has been implemented and you have to pay GST as per the life insurance policy. Let’s … Read more

GST on Forward Charges by GTA (Goods Transport Agency)

GST on Forward Charges by GTA

This article will guide you about GST on Forward Charges by GTA. As you already know, transportation has a major role in the Indian Economy. With roadways being the primary mode of transportation, it is responsible for the movement of a significant portion of the country’s freight and passenger traffic. However, any disruptions in this … Read more

Understanding GST Calculations for E-Commerce Business

Understanding GST Calculations for E-Commerce Business

Let’s understand the GST Calculations for E-Commerce Business. As an e-commerce business, it’s crucial to understand the basics of GST, GST Calculations,, and registration process. All of these are discussed in this article. The GST’s Relevance to E-Commerce Business In India, e-commerce businesses are classified as “aggregators” or “marketplaces” that facilitate the exchange of goods … Read more