195 articles on GST & Indirect Tax, authored by the Finin2min editorial team. Page 4 of 5.
Interest computation is often treated as an afterthought. Build a working file that identifies period, reason, tax amount, payment date, ledger use and…
GST filing quality improves when the month close has dates, owners and freeze points. A 10-day discipline can prevent rushed GSTR-1/3B filing and missed…
Late fees and penalties should not sit hidden in ledgers. Finance teams need a tracker that links default, law/notice, amount, payment, waiver and remediation…
Refund rejection should be analysed like a mini-litigation file. Identify whether the issue is eligibility, documentation, computation, time limit or…
Vendor master data is now an ITC control. Wrong GSTIN, inactive vendors, delayed return filing and mismatched invoices directly affect credit recovery and…
Warehouses, godowns, dark stores and fulfilment centres are classified as Additional Places of Business (APOB) under GST. Adding them correctly to the…
Second-hand goods dealers in used cars, refurbished electronics, antiques or pre-owned jewellery can pay GST only on the margin under the GST Margin Scheme..s…
Charitable trusts assume their activities are GST-exempt but the exemption is narrower than commonly believed. Commercial activities, property rental and.sed…
Cloud kitchens and food aggregator platforms (Swiggy, Zomato) operate under a layered GST structure that changed significantly when the Government made.ors…
Individuals owning commercial property and earning rental income are often unaware that renting of commercial immovable property is taxable under GST at 18%…
Renting a residential apartment as a company guesthouse, registered office or employee accommodation is one of the most frequently mis-classified GST.. The GST…
Indian SaaS startups face a unique GST complexity: Indian B2B customers (claiming ITC), Indian B2C customers, and foreign customers (export) all coexist on…
When a company sells a used car — whether a fleet vehicle, director's car or old delivery vehicle — the GST treatment depends on whether the car was.efore or…
Manufacturing units generate scrap that is sold to dealers. Scrap sales attract GST, and from October 2024 TDS on scrap was extended. This guide covers.DS…
Solar projects have complex GST treatment depending on whether the contract is structured as supply of goods, works contract or composite supply. For specified…
Corporate sponsorships, co-branding arrangements and event partnerships sit at the intersection of advertising services, event management and supply of.he GST…
Interior fit-out projects — false ceilings, flooring, modular workstations, electrical work, plumbing — mix multiple GST classifications, and only some of them…
Getting the Principal Place of Business (PPOB) right during GST registration is one of the most common stumbling blocks for startups. The GST portal…
GST refunds for exporters — IGST paid on exports or accumulated ITC under LUT route — are key cash-flow tools. Yet applications are frequently…
An inverted duty structure arises when the GST rate on inputs is higher than on the final output, creating stuck ITC. Section 54(3)(ii) allows a cash refund…
GST registration can be cancelled by the taxpayer voluntarily or by the GST officer suo motu. Once cancelled, supplies cannot be made; once revoked, full.ance…
Should a freelancer earning in USD, EUR or GBP from foreign clients register for GST? The answer depends on turnover, whether they want ITC refunds and…
A consulting business with offices or project sites in multiple Indian states must obtain a separate GSTIN in each state where it has a taxable supply or a…
Thousands of Indian consultants, designers, developers and SaaS founders export services to foreign clients without a traditional office. GST registration is…
The 180-day rule is measured invoice by invoice. A healthy total vendor balance does not prove that a specific invoice and tax were paid within time.
Education is largely exempt from GST — but the exemption is narrower than most coaching institutes and EdTech founders assume. Skill-based coaching…
Commission agents, referral partners, affiliate marketers and brokers — whether in real estate, insurance, finance or e-commerce — earn income that attracts…
The GST treatment of corporate guarantees provided by holding companies to subsidiaries — or between group companies — has been clarified by CBIC and confirmed…
Director fees and sitting fees paid by Indian companies to directors attract GST under reverse charge — meaning the company pays GST, not the director. This is…
The GST exemption for education covers degree-granting universities and statutory schools. Most private coaching, skill training and online learning businesses…
Employer recoveries from employees — for subsidised canteen meals, bus passes, notice pay, uniform charges and accommodation — have uncertain GST treatment…
Export of services is zero-rated under GST but only when all five conditions are met. LUT enables export without paying IGST. FIRC proves foreign exchange…
Healthcare is broadly exempt from GST but the exemption covers only specific medical services by clinical establishments. Wellness centres, cosmetic treatments…
Hotels, travel agents and MICE organisers operate under a layered GST structure with room tariff-linked rates, tour operator margins and ITC restrictions. This…
Content creators, influencers and brand collaboration managers navigate a rapidly evolving GST landscape. Brand deals, sponsored posts, affiliate commissions…
Legal services provided by advocates to business entities are subject to GST under reverse charge — the business client pays GST, not the lawyer. Understanding…
LUT is a small portal filing with a large compliance impact. If you are registered under GST and want to export goods or services without paying IGST upfront…
A GST cancellation notice is business-critical. Vendors stop buying, customers hold payments, e-way bills become difficult and marketplace accounts can freeze…
One of the biggest GST traps for cross-border service income is confusing “working for a foreign client” with “export of services”. If the Indian business is…
Consulting invoices are usually not complicated because of what was delivered; they become complicated because of who received the service and where that…