Table of contents: An overview of Section 17-5 of the CGST Act Clause (a) – Blocked ITC on Vehicle Clause (ab) – Vehicle Repairs and Insurance Clause (b) – Employee-Related Expenses Clause (c) – Construction and Works Contracts Clause (d)...
Table of contents: Understanding GSTR-6 Eligibility for GSTR-6 Turnover limit Due dates GSTR-6 Return filing process GSTR-6 Format and Form Screenshots Required Information in GSTR-6 Its Importance for ISDs Challenges Best Practices Comparison with other GSTR Returns...
Table of contents: What is Reverse charge mechansim (RCM)? Key Features and purpose of RCM Applicability under RCM including Goods and Service list Liabilities under RCM GSTR Forms Relevant to RCM (GSTR-1, GSTR-2) Input Tax Credit (ITC) on RCM Time of Supply under RCM...
Table of contents: Process to add additional place of business Documents required for APOB Benefits of adding APOB Common Challenges for Businesses Mistakes to avoid Timeline FAQs – helpful for businesses GST registration is a mandatory requirement for...
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) plays a pivotal role in fostering the growth of micro and small businesses in India. By providing loan guarantees, CGTMSE encourages financial institutions to lend to these enterprises, often...
Table of Contents Evaluation of Eligibility for CGTMSE Loans at Banks List of Banks Offering CGTMSE Loans to MSMEs Banks’ Interest Rates and Processing Fees (2026) CGTMSE Bank Loan Documents & Application Steps Tips for a Successful CGTMSE Loan Application...
In India, The Goods and Services Tax (GST) regime has streamlined taxation but also introduced new documentation requirements. One of the critical documents in the GST registration process is the consent letter. Whether you are renting a commercial property or using a...
Table of Contents Overview of the Composition Scheme Benefits and Limitations of Filing GSTR-4 Who Should File GSTR-4? Difference Between GSTR-4 and Other Forms Important Dates and Deadlines GSTR-4 vs CMP-08: What is the Difference? Details to be Provided Filing...
Table of Contents Which GST Registration Does Your Business Need? Who Needs GST Registration in India? Regular GST Registration GST Composition Scheme Registration Casual Taxable Person Registration Non-resident Taxable Person Registration Input Service Distributor...
Table of contents: What is MUKY Objectives of the MUKY Key features Who can apply? What banks come under this scheme? Application process Benefits of the scheme Challenges and solutions Impact of the scheme Comparison with other schemes Conclusion The Mukhyamantri...
Table of Contents Why GST number Verification is Important? Process to Verify GSTIN number Online How to search for GSTIN with PAN details? How to Understand a fake GST number? Benefits of verification to businesses Common mistakes to avoid Key Authorities Involved in...
Table of Contents What is Supply Under GST? Key Aspects of a Taxable Supply Under GST Importance of Accurate Supply Classification Components of Supply Under GST Classification of Supplies Under GST Scope of Supplies Under GST Conclusion The Goods and Services Tax...
Table of Contents What is the QRMP Scheme? Eligibility Criteria Benefits of the QRMP Scheme Who Should Choose the QRMP Scheme? When Should You Avoid the QRMP Scheme? QRMP Scheme vs Monthly GST Filing Exercising the Option of the Scheme How to Calculate Tax Under the...
