Introduction: As a business owner or taxpayer, understanding the process of claiming a Goods and Services Tax (GST) refund is essential. Whether you’re eligible for a refund due to excess input tax credit or export of goods or services, it’s crucial to navigate the refund procedure correctly. In this step-by-step guide, we’ll walk you through …
Month: May 2023
GST Audit: Everything You Need to Know
The Goods and Services Tax (GST) has transformed the indirect tax landscape in India. As part of its compliance measures, the government introduced GST audits to ensure transparency and accountability. In this article, we’ll explore everything you need to know about GST audits, along with some frequently asked questions. What is a GST Audit? A …