Demystifying the GST Act: A Comprehensive Summary
Earlier, there used to be numerous taxation policies in place. This used to cause a lot of burden on the taxpayers, as each one of
Explore the vast landscape of GST such as GST information in different languages, GST billing software, GST calculator, e-invoicing, e-way bill, reverse charge mechanism (RCM), input tax credit (ITC), GST filing, GST return, GSTR, HSN code, finance, taxation and more.
Whether you’re a business owner, tax professional, or someone eager to stay informed, CaptainBiz is your go-to resource for GST guidance and billing software.
Demystifying the GST Act: A Comprehensive Summary
Earlier, there used to be numerous taxation policies in place. This used to cause a lot of burden on the taxpayers, as each one of
Indirect taxes have historically stood as a fundamental revenue source for governments. However, the preceding tax system faced challenges, such as the cascading effect and
What is GST? Overview and Services
Taxes, often referred to as the price of civilisation, have existed since ancient times, dating back to 3000–2800 BC. They have played a major role
Understanding GST Summary: A Comprehensive Guide for Businesses
The implementation of GST has proven to have numerous advantages for all businesses. Due to its complex nature, it has minimised numerous issues businesses face.
What are Accrued Liabilities Payable?
Have you ever heard of the word accrual? It sounds difficult, but it simply means the accumulation of something. However, in the case of accounting,
Understanding Accrual Accounts Payable
The way you keep an account of your business’s financial books has been around for centuries. Accounting methods were invented in 1494. However, that does
Disallowance Of Delayed Payment To Micro And Small Enterprises
Section 43B of Income Tax Act allows certain expenses only when the payment is made for the same. The Union Budget of 2023, inserted a
Introduction of New Tables 14 & 15 in GSTR-1
Notification no 26/2022 dated 26th December 2022 introduced two new tables in GSTR-1 viz Table 14 and Table 15. These tables are relevant to suppliers
Understanding GST Notices: A Comprehensive Guide
Did you know the GST regime experienced a tax evasion of ₹54000 crore in the financial year 2021-22? Out of this enormous discrepancy, they successfully
Mandatory vs. Voluntary Registration: The Great Indian Business Crossroads
Introduction Hey there, fellow entrepreneurs and business enthusiasts! Ever found yourself at a chai tapri, enjoying your cutting chai, and contemplating the decision between mandatory
Know Everything about GST DSC Error and How to fix it?
Earlier, the taxation policies had numerous limitations, which is also why they were prone to numerous kinds of fraudulent practices. However, since the implementation of
What to do if you Have Missing Invoices in Your GSTR 1?
The implementation of GST was diverse and complex in nature. This is also why it was deemed adequate to replace all pre-existing taxation policies. However,
India opened itself to foreign companies in 1991 by passing the LPG bill. This undoubtedly resulted in a massive boost to the country’s economic situation.
Overview and Purpose of GSTR-1
Introduction Many forms hold great importance in the Indian goods and services tax such as the GSTR-1. This form is concealed as having a multifaceted
Recent Updates and Changes in Place of Supply Rules for Import Transactions
Introduction Import transactions need proper verification, identification, and approvals before they are headed forward. The documentation of imported goods varies as compared to the exported
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