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The Knowledge Corner
43rd GST Council Meeting
Shivani Jain
| Updated: Oct 19, 2020 | Category: GST, News

Key Highlights and Outcomes of 43rd GST Council Meeting

The 43rd GST Council Meeting was held on 13.10.2020 through Video Conferencing. The meeting was chaired by our Union Minister for Finance and Corporate Affairs, Ms. Nirmala Sitharaman[1], together with Mr. Anurag Thakur, Union Minister for Finance and...

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Form GSTR 1
Shivani Jain
| Updated: Oct 13, 2020 | Category: GST

Form GSTR 1: A Guide on This Goods and Service Tax Return

The term “Form GSTR 1” denotes a Monthly GST Return in which a “Regular Dealer” requires to gather all the “Outward Supplies” made by him/ her in a month or...

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42nd GST Meeting
Shivani Jain
| Updated: Oct 10, 2020 | Category: GST, News

Outcomes of the 42nd GST Council Meeting

The 42nd GST Council Meeting was held on 05.10.2020 in New Delhi. The meeting was chaired by our Union Finance Minister, Ms. Nirmala Sitharaman[1]. Further, the meeting was attended by...

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Download GST Certificate
Shivani Jain
| Updated: Sep 03, 2020 | Category: GST

Download GST Certificate: How to Download and Check Status?

The term “Download GST Certificate” denotes the procedure for downloading the GST Registration Certificate from the Official Portal. The authorities do not issue this certificate in a Physical Paper Format....

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41st GST Council Meeting
Shivani Jain
| Updated: Aug 29, 2020 | Category: GST, News

Expectations and Outcomes of 41st GST Council Meeting

The 41st GST Council Meeting was held on 27.08.2020 in New Delhi. It was conducted through Video Conferencing due to the COVID-19 pandemic and was chaired by our Union Finance...

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Applicability of GST on Food Industry
Shivani Jain
| Updated: Jul 30, 2020 | Category: GST, News

Applicability of GST on Food Industry: A Complete Guide

In India, the Applicability of GST on Food Industry has always been the topic of Confusion and Dilemma. The reason behind this is that due to continuous change and modification...

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Online GST Calculator
Shivani Jain
| Updated: Jul 29, 2020 | Category: GST

Online GST Calculator: Easiest Way to Calculate GST Amount

A robust mechanism that helps calculate the GST Amount accurately on various goods and services is known as Online GST Calculator. The only aim behind this device is to show...

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Indirect Tax Regime
Shivani Jain
| Updated: Jul 28, 2020 | Category: GST

Goods and Service Tax: A Guide on this Indirect Tax Regime

GST or Goods and Service Tax is a Destination based Tax levied on the consumption of goods and services. It is a comprehensive and multi-stage tax that is charged on...

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Composition Scheme under GST Act
Shivani Jain
| Updated: Jul 18, 2020 | Category: GST

Composition Scheme under GST Act: A Guide on its Key Reforms

Although the implementation of GST (Goods and Service Tax) in India was a significant change from the prevailing tax regime. However, it was a back-breaking task for the start-ups or...

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Input Tax Credit under GST
Shivani Jain
| Updated: Jul 02, 2020 | Category: GST, Income Tax

Input Tax Credit under GST: A Complete Guide on ITC

Goods and Service Tax or GST Act is one of the significant reforms in the Indian Financial Sector. However, the feature that became the talk of the town was the...

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