Indirect Tax

Blogs under category: Indirect Tax
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TDS Blunders: The Costly Mistakes Businesses Make and How to Correct Them

CA Vishnu B Gavkare

When it comes to tax compliance, mistakes can be expensive, especially with Tax Deducted at Source (TDS). A single error in TDS payments or filing can disrupt a business’s financial flow, trigger audi ........ View More

  • 09/12/2024
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How SMEs Can Leverage GST Benefits to Maximize Profit

CA Vishnu B Gavkare

Small and Medium Enterprises (SMEs) form the backbone of the Indian economy, contributing significantly to employment and GDP growth. In the evolving tax landscape of India, the Goods and Services Tax ........ View More

  • 29/10/2024
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Are Exports Really Tax-Free Under GST? Busting the Myth of Zero-Rated Supplies

CA Vishnu B Gavkare

When it comes to exporting goods and services under India’s Goods and Services Tax (GST) regime, a widespread misconception is that exports are entirely free from taxation. The reality is complex. Und ........ View More

  • 03/09/2024
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Penalties when Invoice Invaders and The Tax Tricksters get a buster call 🚨

CA Vishnu B Gavkare

In Part 1, Titled Invoice Invaders! How to Outsmart Fake Invoices in the GST Maze we exposed the world of fake invoices and how to sniff them out ️. Part 2, titled Refund and ITC SCAM: Connection of ........ View More

  • 10/07/2024
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Refund and ITC SCAM: Connection of Invoice Invaders and The Tax Tricksters (Part 2) 🕵️‍♂️

CA Vishnu B Gavkare

GST Puzzles & Missing Pieces 🧩 Imagine a giant jigsaw puzzle, but some pieces are missing. That's kind of like GST fraud in India. Devious scammers exploit these gaps to avoid taxes, claim fake re ........ View More

  • 13/08/2024
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Invoice Invaders! How to Outsmart Fake Invoices in the GST Maze 🧩 (PART-1)

CA Vishnu B Gavkare

Don't Get Duped! 🛡️ India's GST system is like a maze, and sneaky fraudsters are lurking around every corner with their secret weapon: fake invoices. These phoney documents are designed to steal t ........ View More

  • 20/06/2024
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Navigating the Maze: A Step-by-Step Guide to Simplifying the GST Refund Process

CA Vishnu B Gavkare

Introduction: The Goods and Services Tax (GST) has undeniably streamlined the taxation system in India, but the process of claiming GST refunds can be perceived as a labyrinth by businesses. In this a ........ View More

  • 08/05/2024
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Beyond Basics: Advanced Insights into Optimizing Input Tax Credit under GST

CA Vishnu B Gavkare

Introduction: Input Tax Credit (ITC) is a key feature in the Goods and Services Tax (GST) system, offering businesses a powerful tool to enhance financial efficiency. This article explores strategie ........ View More

  • 05/04/2024
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  • Visitor's Count: 32

 
     
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