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Claim Input Tax Credit on Business Expenses - Here is the list of important aspects to keep in mind, to avail ITC on business expenses.

Post GST, supplier selection & evaluation is a critical factor as input tax credit will be dependent on supplier’s compliance.Learn more about ITC.

Form GSTR-3B consists of 6 Tables. You need to capture the consolidated details of outward supplies, inward supplies, eligible ITC, and the details of tax payment.

Are branch transfers taxable under GST? If yes, what is the value to be considered for the purpose of tax levy and how is it calculated? Read on to know..

Determine value of supply under GST - Understand valuation of supply of goods or services where the consideration is not in money like exchange offer.

Various conditions applicable for the distribution of input tax credit and method of distribution of credit to different units (branches) by ISD

ISD is an office of the supplier which has received input services under the cover of tax invoice, and is allowed to distribute the said tax credit.

In the Bill to - Ship to model, the billing and shipping of goods are done to two states and entities.In GST, if the goods are supplied by the supplier to the recipient on the direction....

2017 Budget has good incentives to encourage growth across the MSME sector with an explicit remark that the largest employment opportunities in India lie within this sector.

Know the GST impact on supply without consideration between related persons and distinct persons illustrated with examples.

Scenarios where supply without consideration and Supplies made for a consideration, whether or not in the course or for furtherance of business are taxable under GST

GST supply includes all forms of supply of goods or services, supplied or to be supplied, for a consideration, in the course of or for furtherance of business.