Category: GST in India

GST in India

Exempted Goods Under GST

exempted goods under gst

After the rollout of GST,  some goods attract 5% GST, some others attract 12%, 18%, 28%. Some goods, however, are exempt from GST. All products under GST are listed under the Harmonised System of Nomenclature, or HSN code. Each of the products has a HSN code number to ensure that the invoicing practices of GST …

GST in India

Documents Required For GST Registration

documents required for gst registration

The documents required for GST Registration differs for each type of business. PAN (Permanent Account Number) is compulsory to apply for GST Registration (except for non-resident). Every person categorized as a taxable person under GST is supposed to obtain GST Registration for their businesses. Here, in this article, we will list out the various types …

GST in India

Everything You Need To Know About GST Composition Scheme

composition scheme under gst

Composition Scheme is a simple and easy scheme for small taxpayers under GST. This scheme allows small taxpayers to not be burdened by all of the GST rules and regulations and pay taxes at a simple fixed rate of your turnover. Are You Eligible For Composition Scheme Under GST? All of your businesses registered under …

GST in India

All You Need To Know About Input Tax Credit Under GST

input tax credit

Ever since the inception of GST, one of the most significant talking points about it has been the practice of input tax credit leading to the removal of the problem of double taxation. One of the most exciting things about GST is the seamless flow of input credit right from the manufacturer to the consumer …

Accounting, GST in India, Invoicing Tips, Uncategorized

The Ultimate Guide To Creating GST Invoices For Freelance Digital Marketers

Ultimate Guide GST Freelance Marketers

So, now you’re a freelance digital marketer. You’ve just finished your first project and now you want payment from your client. So you need to send your client an invoice. So what should this invoice contain? What are the latest GST notifications to abide by? This guide will answer all your questions about GST invoices …