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Timely articles designed to keep you compliant, competitive, and growth-ready.
Can GTA Service Providers Use Both 5% and 12% GST Under Forward Charge?
When it comes to Goods Transport Agency (GTA) services, GST rates and Input Tax Credit (ITC) availability are always hot topics.Here’s the dilemma: A GTA providing services to customers supplying...
5 Checks Before GST Filing Week Kills You.
Every finance team says they’ll get GST clean.Then closing, audits, investor decks hit. Boom ... it’s GST week. Chaos. But the best-funded startups don’t rush. They build an SOP that stops this...
You Pay 15% Duty on Importing Goods.
But did you know...FTAs can reduce it to 0-5%?Example:Diesel engines from Malaysia: → 5% under India‑ASEAN FTA (Free Trade Agreement) vs 15% standard.Electric generators: → 0% India–ASEAN FTA vs...
FTWZ vs Customs Bonded Warehouse: Which One’s Right for Your Imports?
Warehousing decisions can make or break your supply chain. And if you're dealing with 𝗶𝗺𝗽𝗼𝗿𝘁𝘀 & 𝗲𝘅𝗽𝗼𝗿𝘁𝘀, you’ve probably come across these two terms :𝗙𝗧𝗪𝗭 (𝗙𝗿𝗲𝗲 𝗧𝗿𝗮𝗱𝗲 𝗪𝗮𝗿𝗲𝗵𝗼𝘂𝘀𝗶𝗻𝗴 𝗭𝗼𝗻𝗲) 𝗼𝗿 𝗖𝗕𝗪...
Got ₹1 Cr GST notice? Here are 7 things to do!
A ₹1 Cr Show Cause Notice can feel like your whole month is ruined.But, hey.Pause.Breathe.Let’s break it down. Section 73? Not fraud.Section 74? Presumed fraud. That decides your penalty and how...
3 crores of GST ITC blocked Zero hearing
3 crores of GST ITC blocked. Zero hearing. One vague notice. It’s happening every month across India. Rule 86A lets GST officers block Input Tax Credit. No court order. No adjudication. Just...