Category: GST advisory

GST TDS vs GST TCS: Complete Guide for Businesses Many taxpayers, accountants, and business owners often confuse GST TDS (Tax Deducted at Source) with GST TCS (Tax Collected at Source) because both involve deduction or collection of tax at the source and subsequent deposit with the government. However, these provisions operate in entirely different scenarios …

FAQs on Mandatory Input service distributor Compliance under GST Who is required to obtain an Input service distributor registration? An office of a supplier that: Receives invoices for input services; Receives such services on behalf of one or more distinct persons (GST registrations under the same PAN); and Is required to distribute the related Input …

Overall Structure & Theme Goods and Services Tax Reconciliation Goods and Services Tax Reconciliation Goods and Services Tax reconciliation is essential to ensure accuracy, compliance, cash flow management, and business growth. The main goal is to match data, find mismatches, and ensure accuracy and compliance under the Goods and Services Tax. GST reconciliation is defined as matching …

GST Department Advisory: Changes in GST Return Filing – Effective October 1, 2025 GST Dept has issued an important clarification regarding the changes in GST return filing mechanism from October 1, 2025, coinciding with the rollout of the Invoice Management System. (GST Network Advisory No. 628 dated October 8, 2025,) This advisory confirms that there …