Input Service Distributor (ISD) under GST
An Input Service Distributor (ISD) is a category of taxpayer under the Goods and Services Tax (GST) system responsible for distributing input tax credits (ITC) related to its GSTIN to…
GST on Stabilizers: Voltage Stabilizer HSN Code & GST Rate
In India, the Goods and Services Tax (GST) applies to the production and sale of voltage stabilizers and regulators. These stabilizers fall under the Harmonized System of Nomenclature (HSN) code…
Understanding GST on Cross Charge Transactions
The term "cross charge" is not explicitly defined in the GST Act, but it generally refers to the invoicing of goods supplied between distinct entities or persons. What Are Cross-Charge…
Resignation By Auditor Under The Companies Act, 2013
As per the Companies Act, 2013 (“Act”), every company must appoint an auditor to oversee and maintain its financial records. The audit report prepared by an auditor is a crucial…
GSTR-9 Excel Format: How to Download and Review GSTR-9 Draft on the GST Portal
Registered taxpayers can preview their GSTR-9 information before filing it on the GST portal. The portal offers an option to download the draft GSTR-9 in Excel format, allowing taxpayers to…
What is a GST Clearance Certificate: How to Get and Download It?
In India, certain business transactions require a GST Clearance Certificate. Issued by the GST tax authorities, this certificate holds significant importance. In this guide, we will explore everything about the…
ROC Search Report
The Registrar of Companies (ROC) operates under Section 609 of the Companies Act, 2013, overseeing company registrations across different states in India. Functioning under the Ministry of Corporate Affairs (MCA),…
Section 194I – TDS on Rent
Section 194-I outlines the rules for deducting tax at source (TDS) on rent payments. This provision primarily applies to individuals earning income through rental agreements or subletting properties. As rental…
Everything You Need to Know About GST Returns: Filing, Due Dates, and More
Everything You Need to Know About GST Returns: Filing, Due Dates, and More Navigating the world of GST returns can be challenging, but timely filing is essential for ensuring compliance…
Section 194I – TDS on Rent: A Simple Guide
Section 194I of the Income Tax Act explains how to deduct Tax Deducted at Source (TDS) on rent payments. This section is meant for individuals or businesses paying rent for…