Artho Shots
400 Words to Sharpen Your personal finance Skills
#437 – Valuation under GST
Valuation under GST plays a central role in determining the tax liability of businesses in India. It defines the value on which GST is charged. Therefore, correct valuation ensures compliance
#436 – GST on works contract
GST on works contract in India plays a key role in the construction and infrastructure sector. It affects builders, contractors, and service providers. A works contract involves both goods and
#435 – GST Impact on MSMEs
GST impact on MSMEs in India has been both transformative and challenging since its rollout in 2017. While GST improved transparency and compliance, it also introduced operational hurdles. Let’s explore
#434 – Input Service Distributor (ISD) Under GST
Input Service Distributor under GST is a key concept for businesses with multiple branches in India. It allows companies to distribute input tax credit (ITC) across units efficiently. Let’s understand
#433 – GST Audit: What Businesses Need to Know
GST audit is a key compliance requirement under India’s GST framework. Businesses need to be audit‑ready to avoid fines, ensure accurate tax reporting, and maintain good governance. In this guide,
#432 – Casual Taxable Person under GST
Casual taxable persons under GST play a key role in India’s indirect tax system. They cover businesses that ope rate occasionally in a taxable territory where they lack a fixed
#431 – ITC under Composition Scheme
ITC under composition scheme is a common question for small businesses registered under GST in India. Many taxpayers assume they can claim Input Tax Credit (ITC) like regular taxpayers. However,
#430 – Anti-profiteering Rule in GST
Anti-profiteering rule in GST India ensures businesses pass on tax benefits to consumers. It prevents companies from making unfair profits when GST rates fall or input tax credits increase. Therefore,
#429 – HSN and SAC Codes in GST
HSN and SAC codes in India are vital for every GST‑registered business. These classification codes help you identify goods and services for taxation. They simplify tax compliance, reduce disputes, and