How To Calculate The TDS Liability in GSTR-7 Part 2?
Certain categories of taxpayers in the GST regulatory framework will be directed to deduct tax at source from payments to suppliers and vendors above a
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How To Calculate The TDS Liability in GSTR-7 Part 2?
Certain categories of taxpayers in the GST regulatory framework will be directed to deduct tax at source from payments to suppliers and vendors above a
What Is Included In GSTR-7 Part 2?
GSTR-7 consists of two parts detailing various aspects of Tax Deducted at Source (TDS)-related information. While Part 1 covers the summarized TDS liability and settlement,
What Are The 9 Common Mistakes To Avoid While Filing GSTR-7?
Filing an error-free GSTR-7 every tax period will be pivotal for the smooth GST compliance of a business. However, ensuring accuracy amidst ever-changing regulations and
Mandatory Information to Include in a Tax Invoice for Exports
Export invoices serve as proof of the commercial transaction and are a basis for various regulatory processes, such as customs clearance, taxation, and adherence to
Place of Supply and E-commerce Transactions: Online Sales and Delivery
E-commerce is changing how we buy and sell, and getting a handle on GST and what it means for online business is more important than
Determining Place Of Supply In Intra-State Transactions General Principles
Whenever a person supplies goods via movement or delivery, the place of supply is the establishment or residence from where the recipient receives the delivered
What Happens If An E-Waybill Expires?
Overview of Electronic Waybill and its Validity An electronic waybill or e-way bill is a mandatory online document generated primarily on the GST’s official website.
Understanding GST Invoicing for Goods: Place of Supply Rules
Every business transaction tells a story, and at the heart of this narrative are the documents and invoices that outline the ‘where’ and ‘how’. In
How GST has Helped Startups to Raise Funding
Among the significant tax changes that took place in the independent Indian economy was the introduction of the GST. Initiated in 2017, it consolidated diverse
How GST has Made Healthcare More Affordable
GST is an indirect multi-stage tax introduced in India in 2017, which subsumes all of India’s central and state taxes in one format. The principal
Dealing with Debit Note and Credit Note in GSTR-1
The debit and credit notes are crucial in ensuring accurate tax reporting by rectifying the discrepancies in the goods and service taxation system. Hence, understanding
Understanding GSTR-2A and its significance
The introduction of goods and service tax can be considered a paradigm shift. It unifies the fragmented tech system into a comprehensive framework. Under the
Export and Import details in GSTR1
Businesses and enterprises aiming for seamless operations and compliance must navigate the landscape of goods and service tax compliance. Whether you Are a budding entrepreneur
Filing GSTR-7: A Complete Guide to GST TDS Compliance
Filing GSTR-7, the monthly tax return for collections made on behalf of the government is a pivotal compliance requirement under GST. The GST is an
Availability and accessibility of GSTR-2A
GSTR 2A is one of the crucial components of the tools and service tax framework. GST stands pivotal for the seamless functioning of the indirect
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