Introduction Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. It is a comprehensive tax system that replaces multiple indirect taxes such as Value Added Tax (VAT), Central Excise Duty, and Service Tax. GST is...
The government has given a big relief to unregistered Real Estate buyers who have to cancel the agreement with a builder for supply of construction service for a flat/ building due to non-completion or delay in construction activity in time or any other reasons, by...
Introduction Goods and Services Tax (GST) has revolutionized the way businesses operate in India. With the introduction of GST, the government has simplified the tax structure and made it more transparent. However, with every new system, there are bound to be some...
Introduction: The Goods and Services Tax (GST) is a wide-ranging indirect tax that has taken the place of several indirect taxes in India. It is a unified tax imposed on the provision of goods and services throughout the country. GST has streamlined the tax system in...
What is GST Refund under Exports & how does it work? Exporters may apply for a GST (Goods and Services Tax) refund for the GST they paid on the goods or services that are exporting using this process. By preventing exporters from being compelled to pay tax on the...