22 articles
Income TaxFreelance tax isn't one task, it's four running at once: how your income is taxed, advance tax due dates, TDS credits, and GST registration. Here's how they fit together.
GSTBoth are auto-generated from your suppliers' filings, but one keeps changing after the period closes and the other doesn't. Confusing them is how ITC claims go wrong.
GSTBilling a customer abroad isn't automatically an export under GST. Here's the actual test SaaS companies need to clear before invoicing at zero rate, including the condition that catches founders off guard.
GSTTransfer a business as a going concern and GST treats it as an exempt service. Sell the same business asset by asset instead, and every item gets taxed on its own. That's a structuring decision worth getting right, not an afterthought.
GSTTwo flats can look identical and carry very different GST bills, because GST doesn't tax the flat, it taxes whether a completion certificate existed before you paid for it. Here's why that one document decides so much of your total cost.
GSTYour GST rate isn't a judgment call: it's decided by the HSN or SAC code you assign. Get the classification wrong and the mistake follows you into every return after it.
TDS & TCSThe amount that lands in your bank account from Amazon or Flipkart is never the full sale value. Here is what the platform withholds before paying you, and how to claim that money back through your tax and GST filings.
GSTFile two returns a quarter instead of two every month, but the tax still comes due monthly either way. Here's how QRMP's payment methods and Invoice Furnishing Facility actually work, and when quarterly filing is genuinely the right call.
GSTA standalone restaurant, a hotel restaurant, and a cloud kitchen selling through Swiggy can all face different GST treatment. Here's the current rate position, the composition scheme trade-off, and who actually collects the tax on a delivery order.
GSTGSTR-1, GSTR-3B, GSTR-9, CMP-08: each reports something different, to a different taxpayer, on a different schedule. Here's how the pieces fit together.
GST₹40 lakh for goods, ₹20 lakh for services, but plenty of businesses need GST registration long before that. Here's who's covered and how to apply.
GSTOnce your turnover crosses the threshold, e-invoicing isn't optional. Getting it wrong doesn't just risk a penalty, it can cost your buyer their credit.
GSTAn e-way bill isn't optional paperwork once a consignment crosses the value threshold. Here's when it's required, how long it lasts, and what skipping it costs.
GSTExporters don't pay IGST the way domestic sellers do, but that status isn't automatic. Here's how the LUT route works, and what the alternative refund path looks like.
GSTA GST refund claim moves through set stages with real deadlines on both sides. Knowing where claims usually get stuck is what actually gets money back faster.
GSTA GST registration can end two ways: you close it yourself, or the department shuts it down for non-compliance. Only one of those comes with a way back, and it runs on a strict clock.
GSTComposition means a lower flat rate and simpler filing, but it costs you input tax credit and inter-state sales. Here's how the trade-off actually plays out.
GSTOne return reports your sales invoice by invoice, the other is where you pay your tax bill. Letting the two drift apart is where GST compliance actually breaks down.
GSTGSTR-9 isn't a fresh return so much as a year-end reconciliation of everything you already filed, which is exactly where most of its problems surface.
GSTITC isn't automatic just because you paid GST on a purchase. Here's what the law actually requires, what's permanently blocked, and where businesses slip up most.
GSTSame GST rate, different tax head. Place of supply decides whether a sale is intra-state or inter-state, and getting it wrong is more than a rounding error.
GSTUnder reverse charge, the buyer pays GST straight to the government instead of the seller collecting it. Here's when it applies and how the credit flows back.