Goods Transport Agency (GTA) is a term used to describe businesses that provide transportation services to transport goods by road. In the context of GST (Goods and Services Tax), GTA has a specific definition and is subject to specific rules and regulations. In this article, we will discuss the definition of GTA, its scope under GST, and the compliance requirements for businesses that fall under the category of GTA.
Zero-rated exports: These are exports in which the supplier is not required to pay any tax on the supply of goods or services. Instead, the supplier is eligible for a refund of any tax that has been paid on inputs used in the production of the exported goods or services. This is intended to ensure that exports are not subject to double taxation.
Learn about Share Transfer Agents (STAs) under SEBI regulations. Explore their role in maintaining investor records for Mutual Funds and listed entities, and their registration process.
Discover how to claim refunds for excess credit balance in the electronic credit ledger under GST. Explore situations and due dates for refund applications.
Discover how Expression of Interest (EOI) in India streamlines procurement, identifies bidders, and promotes transparency in the process. Learn its benefits and regulatory framework.
Discover the Copyright Act of 1957 in India, safeguarding creators rights. Learn about eligibility, publication, and penalties for infringement. Explore key terms and the procedure for copyright registration.
Understand the provision of provisional attachment under GST with relevant case laws. Section 83 of CGST Act empowers the Commissioner to attach any property for protecting government revenue.
Discover what ISO 9001:2015 entails, its benefits, principles, and how to get certified. Enhance your organization’s quality management system and performance.
Nirmala Sitharaman, the Finance Minister of India, recently announced the New Income Tax Regime in the February 2023 Union Budget. Since then, parallels have been drawn between both the regimes to establish similarities and differences and find out which one has more benefits.
Section 148 and Section 134 of the Companies Act 2013 both deal with responsibility of directors regarding the maintenance of cost records.
