Input Tax Credit: A Detail Study

Website Input Tax Credit Table of Contents What Is Input Tax Credit (ITC) One of the most important aspects of GST is the seamless flow of input credit across the supply chain (from the manufacture of goods to their consumption) and across the country. Input tax credit means that when you pay tax on output, […]

GSTR-9: Overview

Website GSTR-9: Overview Table of Contents What is GSTR-9? GSTR-9 is an annual return all taxpayer registered under GST must file. It contains information on outgoing and inward supplies made/received throughout the relevant fiscal year under various tax headings, such as CGST, SGST, IGST, and HSN codes. It is a compilation of all monthly/quarterly returns […]