by bolddialogue | May 19, 2022 | Uncategorized
Input Tax Credit under GST forms the foundation of the GST structure in India. GST Input Tax Credit has helped eliminate the cascading effect that existed in the pre-GST era. Claiming of ITC can be a tricky business as claiming only the eligible ITC is the key....
by bolddialogue | May 19, 2022 | Uncategorized
E-Invoicing under GST has been enabled for the businesses whose annual aggregate turnover exceeds RS. 20 Crore from 1st April 2022. Due to this decision, many new businesses are now entering the e-Invoicing system. Most of these businesses are small & medium-sized...
by bolddialogue | May 19, 2022 | Uncategorized
Digitalization is no longer a choice. Today, not only can you withdraw/deposit money with one click, but you also can pay your dues, bills and even file taxes online seamlessly. The fact that income tax today can be paid digitally is the biggest testimony to the fact...
by bolddialogue | May 19, 2022 | Uncategorized
Many businesses in India have multiple GST registrations under a single PAN. All these branches include multiple vendors and thus create overhead in the GST return filing process. In many cases, while dealing with multiple GST registrations under a single PAN, small...
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...
