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Are You GST Compliant? Here’s What You Need to Know (and What You Can’t Ignore!)

Get the Lowdown on GST Compliance Before It Comes Knocking on Your Door Introduction: The Dreaded Tax Notice—It Could Happen to You! 1. What Is GST Compliance? Think of GST compliance as your business’s tax hygiene routine. It means adhering to the various GST rules, like proper registration, invoicing, claiming the right input tax credits (ITC), […]

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Zomato Faces ₹803 Crore GST Demand: A Major Challenge for the Food Delivery Giant

GST Demand Breakdown: What Led to ₹803 Crore? On December 12, 2024, Zomato revealed that it received a GST demand of ₹803 crore, covering the period from October 29, 2019, to March 31, 2022. This stag Zomato’s Reaction: Confidence in Legal Strength Despite the massive demand, Zomato is firm in its stance. The company plans

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Upcoming Updates to GST E-Way Bill and E-Invoice Systems: Key Changes Effective January 2025

The Goods and Services Tax Network (GSTN) continues to refine its systems to enhance efficiency, security, and user experience. In line with these goals and adhering to government guidelines, the National Informatics Centre (NIC) will roll out updated versions of the E-Way Bill and E-Invoice Systems starting 1st January 2025. These updates are significant steps

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