GST (Good and Services Tax) is defined as a new tax system that replaced the old indirect taxes system in India such as excise duty, VAT, services tax, etc. On 28th February 2006, GST was first introduced in the Budget Speech,...
As India strives to become a global economic superpower, businesses in the country will increasingly rely on international trade and exports. However, the export landscape has changed dramatically over the past few years; what challenges will Indian exporters face in 2023?...
Exporting goods and services from India is a popular way for businesses to generate additional revenue. However, there are several taxes that companies need to know about when exporting from India. One of these taxes is the Goods and Service Tax...
In India, the Goods and Services Tax (GST) is a single tax that is levied on both the production and consumption of goods and services. But who pays GST in India on export? This article will explain the details surrounding GST...
Profit is the lifeline of any business, and business is the lifeline of any economy. And in this age of startups blooming across the world, if we were to diligently evaluate and consider starting a business that is profitable in all...
Import and export businesses in India are subject to the Goods and Services Tax (GST), however, there are certain conditions under which these businesses may be able to avoid registering for GST. First, if a business’s annual turnover is below the...
Exporting goods from India requires a number of important documents, one of which is a certificate of origin. A Certificate of Origin for import export is a critical international trade paper that verifies that the items in a precise export consignment...
If you buy something in one currency and sell it in another, it’s usually simple to calculate the cost, but what about the price of your exports and imports? In today’s digital world, selling products in Europe and importing them back...
