GSTR 2A: All You Need to Know
GSTR 2A is a GSTR-1 return that is automatically generated by the seller's GSTR-1 for the GST-registered buyer. GSTR-2A captures the information filed by the seller's GSTR-1. It is a dynamic, purchase-related tax return, as it can change based on...
GSTR 2B: All You Need to Know
GSTR 2B has been recently updated on the GST portal. It was introduced from the August 2020 tax period. It is the Input Tax Credit (ITC) auto-generated statement. The generation of this statement is independent of whether the taxpayer has...
GST Registration Online: Step-by-Step Guide on How to Apply for a GST Number
Goods and Services Tax or GST registration might be an essential stepping stone for your business. You should accomplish the GST registration process soon and get your unique GST number. But how do I get a GST number? Or, who...
List of New Documents Required to GST Registration
Suppose you have reached here looking for "GST registration documents" or "new GST registration documents". In that case, you might be aware of GST. If not, GST or Goods and Services Tax is the new direct tax regime that was...
GST Types: What are the types of GST in India?
Goods and Services Tax, as its name suggests, is a tax on the sale and purchase of goods and services in India. Introduced on July 1, 2017, different types of GST encompass numerous other indirect taxes like VAT (Value Added...
Practical Insights For Wealth Creation
Our weekly finance newsletter with insights you can use
Your privacy is important to us
Goods and Services Tax: All you need to know about GST
What is GST or Goods and Services Tax? Once you have dealt with this beginning question, you might face initial doubts about GST registration, types of GST, benefits of GST, formula for GST calculation and more. Let us have a...
How to Cancel GST Registration?
The process to cancel GST registration is as convenient as filing a new GST registration. You can follow a few easy measures and cancel GST registration for reasons like these: Shutting down your business GST rules are no longer applicable...
Input Tax Credit: What is ITC in GST?
The GST system was introduced to infuse convenience and simplicity into the then-existing tax system. The Input Tax Credit in GST is one of the key features introduced to reduce the cascading effect of taxes and adjust business costs with...