In the complicated web of tax rules, the Goods and Services Tax (GST) stands out as a key factor that affects how businesses manage their money. As per GST provisions, You as a business owner, need to maintain records not only for the GST department but also necessary strategically to maintain long-term growth. Luckily, the digital age has given us ...
Understanding the provisions of GST may be a hard-nut to crack. You need to go through every provision and comply accordingly in order to receive any notice from the department. There are plenty of cases pending and notices issued against wrongful availment of Input Tax Credit (ITC) under GST Act. No businessman or company wants notice from the department where ...
You have bought a flat and later, canceled terms with the builder and now, you don’t know what will happen to GST paid on your under-constructed flat. I have a solution for it. Do you know, you can claim a refund from the GST department? In this post, I will discuss every aspect and related FAQs to enable you to ...