New avenues of e-commerce business have opened up for small businesses, home-based entrepreneurs, artisans, local manufacturers and many more. But GST compliance and inter-state sales can be a difficult factor to deal with while selling online. The recent GST reforms for e-commerce sellers make the registration process simpler and easier for eligible businesses to sell … Read more
The qualifying exports of services receive zero-rated GST treatment in India. However, you must meet the applicable conditions and also maintain proper records. In this article, you will learn about taxation on selling services abroad. Do You Need to Pay GST on Services Sold Abroad? Whether you need to pay GST on services sold abroad … Read more
Planning to buy the latest iphone 18 in India? Let’s learn about GST on phones first. Interestingly, the GST is already included in the price you see on the invoice or Apple’s website. What Is the GST on iPhone 18? The important point is that the final retail price normally includes the 18% GST. For … Read more
Charitable foundations and non-governmental organizations (NGOs) serve an important social function by meeting the basic needs of society’s most vulnerable members. It might be difficult for such organizations to understand and comply with GST regulations. However, with the assistance of GST Experts and using this guide on GST Rules for Charitable and NGOs, you will … Read more
The Central Board of Indirect Taxes and Customs (CBIC) published Circular No. 189/01/2023-GST on January 13, 2022, which clarifies the imposition of GST on different items. It is centred on the suggestions of the GST Council’s 48th meeting. The CBIC has also issued an announcement for the Applicability of GST on by-products of milling of … Read more
GST authorities are taking strict action against Fake GST Registrations. The latest step is to authenticate the real identity of GST applicants. The Delhi High Court has directed the GST authorities to continue Biometric Aadhaar Authentication for GST Registration across India till further orders. The step aims to stop fraudsters from getting GST registrations based … Read more
In India, GST on PG Accommodation depends on more than the monthly rent charged. However, the exemption can depend on the value charged per person. It also depends on the duration of the stay. For PG operators, getting the classification wrong can affect gst compliance, gst registration, ITC and GST return filing. GST on PG … Read more
Recently, the GST rules for letting out commercial premises have now changed. Therefore, it is important that landlords and tenants stay aware of their tax obligations. Earlier, landlords generally paid GST on rental income. However, in certain cases, the Reverse Charge Mechanism (RCM) shifts the GST liability to the tenant. If you have a shop, … Read more
Updating email ID or mobile number on ICEGATE is no more a simple process. You will have to update your GST registration first and then do ICEGATE GSTIN Integration. Once you have completed these steps, you can now update your ICEGATE profile. This ICEGATE GST Update is to help you maintain correct GST and Customs … Read more
Every GST mistake in the business has a cost that you have to bear. It can also be a hefty penalty and waste of time. Understanding GST Compliance Errors helps businesses prevent avoidable financial losses and keep operations running without unnecessary interruptions. Let’s understand the GST Compliance errors that every business must avoid and save … Read more