LUT IN GST AND EXPORT UNDER GST
Reading Time: 3 minutes As per the GST law, all exports are subject to IGST. However, to reduce the litigation complications of the tax refund process and to eliminate the blockage of funds, the government has provided the option to the exporters of LUT, where they can export goods or services without paying taxes.
GST FOR DROPSHIPPING
Reading Time: 2 minutes Dropshipping is a digital business which have taken pace in recent years. Many entrepreuners have started indulging in same, due to its peculiar transaction GST applicability on same is confusing and many people end up in non compliance. Here we understand all about GST for dropshipping.
GST on Coaching Classes
Reading Time: 2 minutes GST on coaching classes is a bit tricky and must be handled properly, how to do the same read here.
GST Return Late Fee Waived
Reading Time: < 1 minute GST Council in its 40th meeting today have waived off late fee on GSTR 3B retrospectively. This is a much awaited decision and golden opportunity for tax payers but only for limited period. Know more how….
File Nil GSTR3B by SMS
Reading Time: 2 minutes Now taxpayers can file NIL GSTR3B by SMS, but is this system actually good enough or still taxpayers need consultants help.
