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Composition Scheme under GST

1. Objective    - The primary purpose of the Composition Scheme is to reduce the compliance burden for small businesses. Under Section 10 of the...

Understanding ITC for Demo Vehicles: Key Takeaways from Circular 231/25/2024-GST

key highlights from Circular No. 231/25/2024-GST: Clarification on Input Tax Credit (ITC) for Demo Vehicles: Authorized dealers maintain demo vehicles to provide trial runs and demonstrate...

Step by step procedure on how to apply for FSSAI registration

Are you into food related business? If yes, do you know getting FSSAI registration is must for the FBO’s (Food business operators). Know the...

What is Debit Note in GST? Purpose, Content, Tax Liability

A debit note in the context of GST (Goods and Services Tax) is a document issued by a supplier when there is a need to increase the taxable value or...

Utilization of Input Tax Credit under GST

Under the Goods and Services Tax (GST) regime, input tax credit (ITC) is a mechanism that allows businesses to offset the tax they have...

Popular articles

New GST HSN Summary Reporting Rules (2025): B2B & B2C Split in GSTR-1 Explained

GST HSN Summary Reporting Changes I. Overview of the New...

Legal Drafts with Format: Gift Deed, Partnership Deed, POA, Rent Agreement & Wills Explained

Comprehensive Guide to Legal Drafts: Gift Deeds, Partnership Deeds,...

Mastering Incoterms: Guide to 11 Key Shipping & Export Terms Explained

FOR ANY MODE OF TRANSPORT 1. EXW – Ex Works Meaning:Seller...

Ultimate Guide to Crypto & VDA Taxation in India: Rules, Rates & TDS Explained (2025)

India's Taxation of Virtual Digital Assets (VDAs): A Detailed...

Postal Bill of Export – II: Everything You Need to Know

Introduction: Exporters in India often utilize various logistics channels to...

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TDS (Tax Deducted at Source)
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