GST fraud involves various deceptive practices, such as input tax credit fraud, fake invoices, and underreporting of sales.

Electronic invoicing, or e-invoicing, is a digital transformation that has revolutionized the way businesses create, exchange, and process invoices. It's an innovative approach to streamline financial transactions while promoting transparency and efficiency.

The Goods and Services Tax (GST) system introduced in many countries has aimed to streamline taxation and promote economic growth.

As the digital marketplace matures and tax policies evolve, there may be further reforms, clarifications, and amendments in GST laws specifically addressing e-commerce concerns.

SEBI undertakes various initiatives to safeguard the interests of investors.

Bakery products, which are an integral part of our daily lives, also come under the purview of GST. In this article, we will explore the various aspects of GST as it applies to bakery products.

Learn how to calculate GST refund in the case of Inverted Duty. Understand the process, formulas, and legal provisions for a seamless refund application.

The Merchandise Exports from India Scheme (MEIS) is a key part of India's Foreign Trade Policy. Launched in 2015 to replace previous schemes, it incentivizes exporters with duty credit scrips, calculated as a percentage of the export value. To benefit from MEIS, exporters must register with DGFT, ensure eligibility, and apply online, providing supporting documents.

The EPCG (Export Promotion Capital Goods) Scheme in India offers a strategic pathway for exporters to import capital goods at reduced duty rates, catalyzing export growth. With benefits like exemption from basic customs duty and access to advanced technology, it empowers Indian exporters to compete globally.

Understand the GST implications on sponsorship services in India, including registration, rates, return filing, ITC claims, and SAC code. Stay compliant with GST laws for sponsorship transactions.

Discover the ins and outs of GST's Electronic Cash Ledger and how to claim refunds for excess balances. Learn about transferring amounts through PMT-09 in this comprehensive guide to navigating the GST labyrinth.

The GST Composition Scheme simplifies tax compliance for small businesses but has limitations like ITC ineligibility, restrictions on inter-state sales, and potential challenges on e-commerce platforms. Businesses must carefully evaluate their circumstances to determine if this scheme aligns with their goals and requirements.