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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 Corporate Affairs and various Senior Officers from Union Government and States. In this blog, we will discuss the Background and Outcomes of 43rd GST Council […]

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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 quarter. In other words, Form GSTR 1 is a statement in which all the details of sales and outward supplies are captured. In this blog, […]

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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 Mr Anurag Thakur, Minister of State for Finance and Corporate Affairs. Apart from this, the Finance Minister of States and Union Territories, together with the […]

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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. Further, this certificate acts as the legal proof for GST Registration and is issued in Form GST REG 06. In this blog, we will talk […]

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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 Minister, Ms. Nirmala Sitharaman. Further, it was attended by Mr. Anurag Thakur, Minister of States; Finance Ministers of various States and Union Territories; and various […]

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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 in the tax regime, the Food Businesses are unable to implement all in it. In this blog, we will talk about the Different GST Rates […]

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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 the total amount of the goods and services and the value due as GST. In this blog, we will talk about the concept of 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 SMEs to comply with its provisions. Therefore, to lower down the stress of these sectors government decided to introduce the Composition Scheme under GST Act. […]

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 mechanism of Input Tax Credit (ITC). ITC means a person while paying tax on sales can reduce the tax already paid at the time of […]

A Complete Guide on GST for Bloggers & YouTubers

Indian Taxation System has consistently evolved ever since Goods and Service Tax rolled out in India. Due to the peculiar nature of GST, its applicability is still obscure to many new-age businesses. Amidst several other contemporary career fields, the Bloggers and YouTubers have made a prominent mark. The biggest speculation in this profession is how […]

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