GST FAQs

Learn how to track GST payment status, download GST payment receipts, and resolve payment failures with our comprehensive step-by-step guide for hassle-free GST compliance.

Learn the key differences between revaluation and realisation accounts. Understand their nature, purpose, and credit balances for Indian businesses.

Explore various invoice types, their role in accounting and GST compliance, and how efficient invoicing boosts your business's financial management.

Learn about the hire purchase system in India: a complete guide to ownership, financing, and the legal framework of instalment buying.

Discover the importance of an invoice number in business transactions, especially in India, and learn its purpose, uses, and best practices.

Learn about debit notes, their role in GST, the process of creating one, and their significance in business transactions for accurate financial records and tax compliance.

Get to know what financial reporting means in the Indian business environment—its impact, its objectives, and limitations for the average Indian Business.

Understand the difference between tax planning and tax evasion. Learn legal tax-saving strategies and avoid illegal practices to ensure compliance and financial stability.

On June 22 in New Delhi 2024, the GST Council held its 53rd meeting. Let's take a look at the important highlights for SMEs.