by bolddialogue | May 16, 2022 | Uncategorized
Claiming of GST Input Tax Credit can sometimes be a tricky business. Claiming ITC on Job Work is one such instance where businesses struggle to claim the eligible Input Tax Credit. Many manufacturers outsource their tasks to a third party, and it can create confusion...
by bolddialogue | May 16, 2022 | Uncategorized
The Indian Government’s objective to introduce Goods and Services Tax (GST) in India was to bring uniformity within the Indian taxation structure and avoid the cascading effect into the indirect taxation realm. However, initially businesses struggled to keep up with...
by bolddialogue | May 16, 2022 | Uncategorized
CBIC has recently notified the taxpayers via Notification No. 01/2022- Central Tax on 24th February 2022, that the businesses whose aggregate turnover exceeds Rs. 20 Crore are now required to generate e-Invoices for all their B2B invoices. This means, many new small...
by bolddialogue | May 16, 2022 | Uncategorized
Registered businesses in India have to file monthly, quarterly, and annual GST based on the type of business they operate. While the Government brought in the GST as a reform to simplify the taxation process, there are some areas where business entities get confused...
by bolddialogue | May 16, 2022 | Uncategorized
With the Goods and Services Tax (GST) rollout on July 1, 2017, the Indian business ecosystem witnessed new dawn of comprehensive tax filing protocols. While many small businesses and MSMEs found the process overwhelming initially, robust GST software helped fill the...
by bolddialogue | May 16, 2022 | Uncategorized
India has seen a wave of reforms in the past few years – right from demonetisation to GST, not to forget the digital revolution it was experiencing simultaneously through the decade. And, now, with Covid-19 at the helm of all things, digitalisation has become a...
