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...
by bolddialogue | May 19, 2022 | Uncategorized
A large number of small & medium businesses have been now added to the e-Invoicing umbrella under GST from 1st April 2022. Businesses whose annual aggregate turnover exceeds Rs. 20 Crore are now eligible for e-Invoice generation. The GST council is taking...
by bolddialogue | May 19, 2022 | Uncategorized
GST Input Tax Credit is a concept that is most essential for a business under the GST regime. However, there are many instances where the businesses need to be extra cautious while utilizing their Input Tax Credit. Businesses can claim the unutilized ITC under GST...
by bolddialogue | May 19, 2022 | Uncategorized
Capital Goods are an integral part of the business and every business uses Capital Goods at some point in time. Capital Goods incur high costs in purchase and hence the GST paid on them is also high. Hence, it becomes essential to understand the process to claim Input...
