Tag: GST
GST : Input tax Credit explained
Input Tax Credit, popularly known as ITC, is a highlight of GST India from its very inception. It is designed to bring Goods and Services Tax (GST) “a seamless flow …
How to furnish letter of undertaking (LUT)/Bond under GST
The main purpose of Bond or Letter of Undertaking (LUT) is to prevent Cash Outflow from pocket of exporter.‘Export’ and ‘Supply to SEZ units’ is collectively termed as “Zero …
Reverse Charge in The GST Era
Reverse charge mechanism (RCM)- Are you also having trouble understanding this dreaded Reverse Charge Mechanism (RCM) under Goods and Services Tax (GST). Here a brief note along with Key discussion …
GST Tool Kit for businesses
This GST tool kit contains key documentation that you will require in the days leading up to and after GST implementation. The Kit comprises of : Invoice Templates to be ...
GST Explained in 10 simple Points
What is subject to GST? Goods or services Tax (GST) is applicable on “Supply”. Supply can be of Goods, Services, or a combination of the two. Supplies for this purpose …
