SMARTCORP

By SUKANYA

November 13, 2024 Off

Understanding Composite Supply and Mixed Supply in GST

In the Goods and Services Tax (GST) framework, businesses often encounter two important concepts: Composite Supply and Mixed Supply. Both involve bundling goods…

By SUKANYA

October 23, 2024 Off

Understanding the Reverse Charge Mechanism (RCM) under GST

The Goods and Services Tax (GST) has been a game-changer for the Indian economy, streamlining the tax structure and eliminating…

By SUKANYA

September 26, 2024 Off

Supply under GST: A Detailed Breakdown of Key Components

GST is levied on the “supply” of goods and services, making it crucial for businesses and taxpayers to fully understand…

By SUKANYA

September 18, 2024 Off

Understanding HUF, Business Registration, and Tax Clubbing Rules

In the complex landscape of Indian tax planning and business operations, the Hindu Undivided Family (HUF) structure offers a unique…