by bolddialogue | May 19, 2022 | Uncategorized
GST Input Tax Credit is the most attractive feature of the GST structure, making GST a justified tax. However, claiming 100% eligible Input Tax Credit is a tricky business and sometimes gets complicated due to GST non-compliance by your suppliers. Claiming eligible...
by bolddialogue | May 19, 2022 | Uncategorized
The Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 defines the Micro, Small and Medium Enterprises (MSME) in accordance with the annual revenues a business generates. The Union Cabinet of India has definite provisions regarding the terminologies as...
by bolddialogue | May 19, 2022 | Uncategorized
In a sweeping attempt to end the issue of tax evasion in the country, the Government of India abolished the Border Commercial Tax Post and substituted it with the E-way bill system. The GST regime made it mandatory for the transporters to carry this E-way bill when...
by bolddialogue | May 19, 2022 | Uncategorized
The GST council meeting for this year is scheduled to take place sometime in the middle of March, according to various media reports. The last GST Council meeting was hosted on 31st December 2021. Union Finance and Corporate Minister Nirmala Sitharaman presided over...
by bolddialogue | May 19, 2022 | Uncategorized
The GST Act has specified the composition scheme for certain eligible businesses. The scheme allows businesses to avoid cumbersome GST filing rules and file their GST returns in an easier manner. If your business is eligible for the GST composition scheme, you can opt...
