23rd GST Council Meeting – Changes to Composition Scheme

In the 23rd GST Council Meeting held on 10th November 2017, various measures to improve compliance and reduce the burden on taxpayers were announced. Small businesses can enroll under the GST Composition Scheme to pay GST at a flat rate and file simplified quarterly...

23rd GST Council Meeting – GST Rate Changes for Services

GST Rate Changes for Services GST Registration for Service Providers through E-Commerce In the 22nd GST Council Meeting, it was decided to exempt those service providers whose annual aggregate turnover is less than Rs. 20 lakhs (Rs. 10 laths in special category states...
#5 Things Every Entrepreneur Should Know About GST

#5 Things Every Entrepreneur Should Know About GST

In the GST era, Input Tax Credit is allowable on the purchase of all goods and services used for business purposes.         We have ushered in a new era of transparent and simple indirect taxation regime with the implementation of Goods and Services Tax (GST) with...

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