Table of Contents Home Accounts To Be Maintained Under Goods and Services Tax Law Introduction Maintaining accurate and comprehensive accounts and records is a fundamental obligation for every business registered under the Goods and Services Tax (GST) law in India. These records are not just
Table of Contents Home GST Registration Threshold Limits in India Introduction The Goods and Services Tax (GST) regime in India mandates that businesses exceeding a certain threshold of annual turnover must register for GST. These threshold limits are crucial for determining when a business
Table of Contents Home How to Check Your GST Registration and ARN Status: A Detailed Guide December 17, 2025 After applying for Goods and Services Tax (GST) registration in India, it’s natural to want to know the progress of your application. The GST portal provides
Table of Contents Home Understanding Annual Aggregate Turnover (AATO) Under GST & How to Calculate It Introduction In the realm of Goods and Services Tax (GST) in India, the concept of “Annual Aggregate Turnover” (AATO) holds significant importance. It serves as a crucial benchmark for
Table of Contents Home Steps after GST Registration – Here’s What You Need to Do Next Introduction Obtaining your Goods and Services Tax (GST) registration is a significant milestone for your business in India. It signifies your formal recognition under the GST regime and allows
Table of Contents Home The Complete Guide: From GST Registration to Cancellation and Revocation Introduction:The Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. Obtaining GST registration is a fundamental requirement for businesses exceeding
Table of Contents Home Valuation Rule for Supply Under Goods and Services Tax (GST) in India Introduction The Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services. Determining the value of this supply is crucial for calculating
Table of Contents Home Valuation rule under GST Specific Businesses Normally, GST requires that tax be computed on an ad-valorem basis—that is, as a percentage of the value of the supply of goods and services. In most cases, the invoice value serves as the
Table of Contents Home Discounts under GST: Impact on Value of Supply Welcome back to disytax! Discounts are a common practice in the world of business, used to attract customers, clear stock, or incentivize bulk purchases. However, under the Goods and Services Tax (GST)
Table of Contents Home Decoding CGST Rules: Chapter 4 – Determination of Value of Supply under GST Understanding how the value of supply is determined under GST is fundamental for every business. It directly impacts your tax liability. Chapter 4 of the Central Goods
