Clarifies the fast-track GST registration process under Rule 14A. The key takeaway is approval within three working days for eligible, low-risk applicants—not a guaranteed same-day ...

Use a GST calculator to prepare accurate financials before applying for a business loan. Gain GST clarity to manage cash flow ...

The Supreme Court’s verdict on the powers of the Goods and Services Tax Council is a landmark. It correctly interprets the 101st Constitutional amendment, which ushered in the era of a nationwide GST, ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

The GST Council has announced sweeping reforms aimed at easing compliance for small businesses and reducing taxes in key sectors. A new simplified registration scheme will provide automatic approvals ...

The Central Board of Indirect Taxes and Customs (CBIC) is working on a mechanism to introduce a monetary limit for issuing GST demand notices, in a bid to reduce unnecessary disputes and avoid notices ...

With the first e-way bill rollout turning out to be a damp squib and being recalled eventually, there’s a lot riding on e-way bill’s redeployment. Here’s a look at the significance of e-way bill and ...