Key GST Changes in India Applicable from January 1, 2022
We list key GST changes in India, which impact the scope of Supplies and enforcement mechanisms, withdraws concessions, introduces input credit restrictions, etc.
Applicability of GST on Overseas Transactions: FAQs and Case Studies
We highlight key points of India’s goods and services tax regime and address GST applicability on overseas transactions by providing some case studies.
What is GST in India? Tax Rates, Key Terms, and Concepts Explained
Read to know about the key terms and concepts under the GST system in India, and the revised GST rates.
GST Compliance Requirements, Offenses, and Penalties under India’s GST Regime
We list the GST compliance requirements under the CGST Act, 2017, steps to ease the burden on taxpayers, and penalty provisions for non-compliance.
Relief Measures for Taxpayers Announced Under GST Law Due to Severity of COVID Wave
Several concessionary measures were announced by India’s tax authorities due to challenges faced by taxpayers in meeting statutory and regulatory compliances.
GST Applicability on Job Work in India
We explain how India’s GST regime benefits manufacturers/suppliers and job workers, what are the rules of compliance, and how the tax incidence is assessed.
GST Compliances in India: Annual Checklist and New Tasks for FY22
We provide a short checklist of annual GST compliances in India and related tasks for businesses during the new financial year, starting April 1, 2021.
India To Abolish Mandatory Annual GST Audit Requirement
The government has proposed changes to India’s GST audit regime in the Finance Bill, 2021 to ease the compliance burden for businesses and expand the tax base.