What is the difference between Nil Rated, Exempted, Zero Rated and Non-GST supplies?
In India, knowing about different tax classes for items and services is very important in the GST system. These…
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GST return filing and Types of GST returns explained
In India, the Goods and Services Tax (GST) is a key tax on goods and services. It aims to…
GSTR-1 Filing Guide: Compliance Tips 2024, Step by Step guide, Format, Late Fees, Eligibility & Rules, Due Date
Filing GSTR-1 is a vital task for businesses under the GST system. This guide will walk you through the…
Definition, steps & benefits of e-invoice under GST
TRENDING ARTICLE Definition, steps & benefits of e-invoice under GST Anurag Mittal Anurag Mittal is a seasoned technology executive…
GSTR 10 Filing Guide: Simplify Your Final Return
Filing your GSTR 10, also known as the Final Return, is a crucial step in the GST compliance process…
Accounting Dictionary – What are different types of accounts?
Accounting has a long history, dating back to ancient times. It is key in checking the financial health of…
Understanding E-Way Bill: Your Guide to Compliance
Navigating the E-Way Bill system in India might seem daunting at first. This system is a big part of…
The Future of Technology in Bookkeeping: How AI is Transforming Accounting Processes
In a surprising turn of events, the World Economic Forum forecasts an increase of 58 million jobs. Two-thirds of…
Gross Profit vs Net Profit – Understanding the Differences
Profit is the financial gain a business earns. Comparing current profits to previous accounting periods provides insight into the…