Customs Duty – Types & Classification: Revision Notes Ch 2: Types of Duty × 1. Types of Customs Duty Various duties are levied on imported goods to protect domestic industries and generate…

Customs Duty – Levy & Exemptions: Revision Notes Ch 1: Levy & Exemptions × 1. Customs Duty: The Basics Customs Duty is an indirect tax levied on goods imported into or exported…

GST Appeals, Revision & Advance Ruling: Revision Notes Ch 22: Appeals & Revision × 1. Appeals & Revision Disagreements with tax authorities are common. The GST law provides a structured way to…

GST Offences & Penalties: Revision Notes Ch 21: Offences & Penalties × 1. Offences & Penalties Penal provisions are essential to ensure compliance and deter tax evasion. What is a Penalty? A…

GST Demands & Recovery: Revision Notes Ch 19: Demands & Recovery × 1. Demands & Recovery GST is based on self-assessment. But what happens when tax is not paid correctly? The Process:…

GST Refunds: Revision Notes Ch 15: Refunds × 1. What are GST Refunds? Refunds under GST are crucial for business liquidity. They release funds blocked in the tax system. Why are they…

GST Import & Export: Revision Notes Ch 14: Imports & Exports × 1. Imports & Exports under GST Under GST, both imports and exports are treated as inter-State supplies. Key Principles: Imports:…

GST Returns: Comprehensive Revision Notes Ch 13: GST Returns × 1. What are GST Returns? A return is a statement of information furnished by the taxpayer to the tax authorities. Why are…

GST E-Commerce: Revision Notes Ch 12: E-Commerce × 1. E-Commerce in GST E-Commerce means supplying goods or services over a digital or electronic network. Who is an ECO? An Electronic Commerce Operator…

GST Payment of Tax: Revision Notes Ch 11: Payment of Tax × 1. Intro to Tax Payment Under GST, all tax payments are made online through a system of electronic ledgers. The…