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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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BIS markings are not just compliance stamps; they are procurement safeguards. For MSMEs, they prevent supply rejection, blocked payments, and tender disqualification. By checking licenses early, building compliance into RFQs and contracts, and tracking renewals, sourcing teams reduce hidden costs and protect margins. In India’s competitive markets, BIS markings turn from regulation into a practical tool for vendor reliability and long-term supply resilience.

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Fulfillment centres are places where product orders are processed and shipped to the customers. These establishments are usually owned by 3PL logistics providers who help brands store and manage their inventory and provide last mile delivery services.

Awaiting fulfilment is one of the shipping terms that refers to a stage in order fulfilment. This is a term that is often indicated in the order status once the order is received. It is important to know the term as it will tell you what is happening with the...

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Filing a NIL GST return is an essential compliance requirement for taxpayers with no business activity during a tax period. This process can be completed quickly via the GST portal or SMS, ensuring you maintain your active status under GST regulations. Our detailed guide simplifies the steps to help you file NIL GST returns effortlessly and avoid penalties. Read on to learn everything you need to know about filing NIL GST returns in India.

Last updated on: Jan 6, 2025

Deemed exports under GST play a pivotal role in India’s tax framework, offering businesses the opportunity to enjoy export-related benefits for certain domestic transactions. Unlike conventional exports, deemed exports do not involve the physical movement of goods outside the country but still qualify for tax advantages, including GST refunds.

Last updated on: Dec 12, 2024

The concept of Place of Supply under GST is fundamental to ensuring accurate taxation and compliance. It determines whether a transaction attracts CGST, SGST, or IGST, directly impacting tax jurisdictions and revenue distribution. This guide delves into the core rules under Section 12, offering practical examples and insights into challenges businesses face.

Dec 9, 2024
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