If you are registered under GST, then it is important for you to understand basic concepts and terminology of GST. In this article we have explained the basic terminology used in the context of GST. CGST (Central Goods and Services Tax), SGST (State Goods and Services Tax), and IGST (Integrated Goods and Services Tax) are …
CGST, SGST, and IGST – Understanding the Components of GST Read More »
In India, the Goods and Services Tax (GST) is a consumption-based tax that is levied on the supply of goods and services. Businesses are required to register for GST under certain conditions. Here are the key eligibility criteria: Mandatory Registration: Turnover Limit: Businesses with an aggregate turnover of taxable supplies exceeding the prescribed threshold limit …
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