Artho Shots
400 Words to Sharpen Your personal finance Skills
#417 – How GST Replaced Indirect Taxes
GST in India marked a turning point in the country’s tax history. It replaced a complex web of indirect taxes with a single, transparent system. Before 2017, businesses and consumers
#416 – Zero-Rated, Exempt, and Nil-Rated Supplies in GST
Three terms that confuse every GST taxpayer: zero-rated, exempt, and nil-rated supplies. They all mean “no GST charged on invoice”, but their impact on Input Tax Credit (ITC) and compliance
#415 – Exempted Supplies Under GST
GST exempted supplies under GST are crucial for taxpayers, businesses, and consumers to understand. These supplies are transactions where no GST is charged. They help lower costs on essential goods
#414 – GST vs VAT: What Changed After GST
Before July 1, 2017, India had a complex indirect tax system dominated by Value Added Tax (VAT) at the state level, along with excise, service tax, CST, and multiple entry
#413 – ITC for Exporters and Zero-Rated Supplies
Exports and zero-rated supplies are the backbone of India’s $778 billion export economy (FY 2024-25). GST treats them as zero-rated, meaning exporters can claim 100% Input Tax Credit (ITC) without
#412 – What Is GSTR-1 and GSTR-3B
What is GSTR1 and GSTR3B is one of the most common questions among Indian taxpayers under GST. These two GST returns play a critical role in compliance, tax reporting, and
#411 – Composition Scheme Under GST
The Composition Scheme under GST is a simplified tax option for small taxpayers, allowing them to pay GST at a fixed percentage of turnover without claiming ITC. Introduced in 2017
#410 – How GST Affects Cross-Border Trade
GST affects cross‑border trade in India in several powerful ways. As the nation retools its tax regime, exporters and importers feel the shifts in costs, compliance and competitiveness. With new
#409 – GST registration: Who Needs It
GST registration is the first step for many businesses across India. Whether you sell goods or services, the rules are clear — some must register, while others can wait. However,