Interest on Late Payment of GST To Be Calculated on Gross Tax Liability
Late on your GST payments? The Central Board of Indirect Taxes (CBIC) will now calculate interest on late…
GST E-Invoicing: How to Leverage It For Your Small Business
The GST council implemented GST e-invoicing for all businesses with a turnover above Rs. 500 Crores. This notice…
How To Maintain Positive Cash Flow with Input Tax Credit
A new circular by the Government proposes a 20% limit on Input Tax Credit. The limit is eligible for…
GST News: Soon You May Not Need to File 3 Returns
Still wrapping your head around GST return filing? Don’t worry, you aren’t alone. In recent GST news, word…