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difference between Nil Rated, exempted, zero-rated and non-GST supplies. difference between Nil Rated, exempted, zero-rated and non-GST supplies.

GST

What is the difference between Nil Rated, Exempted, Zero Rated and Non-GST supplies? The goods and services have been divided into Nil Rated, Exempted,...

GST

What is GSTR 2B Reconciliation? GSTR-2B is a monthly auto-drafted ITC (Input Tax Credit) statement for regular taxpayers (whether or not they have opted...

GST

GST has a new notion called Mixed Supply and Composite Supply that applies to all supplies made in conjunction, regardless of whether they are...

GST

There are four different rates in the four tier GST tax structure: Zero Rate, Lower Rate, Standard Rate Higher Rate.  Let’s understand them in...

GST

What is GST? Goods and Services Tax or GST is a single, destination-based indirect tax levied on the value added to goods and services...

GST

What is a GST bill? Goods and Services Tax or GST is a single, destination-based indirect tax levied on the value added to goods...

GST

Do you want to learn about the new ITC set off rules? Then, you’ve come to the right place.  This article will cover the...

GST

State GST codes change as per changes in the status of states and union territories. Under the new GST regime, every registered business is...

GST

What is GSTR-3B? GSTR-3B meaning: GSTR-3B is a summary tax return of supplies that the government has mandated for new businesses and businesses that...

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