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Accurate GST compliance depends heavily on matching purchase data with GSTR-2B, a static statement that determines the eligible Input Tax Credit. Manual reconciliation often leads to missed credits, excess claims, or interest liabilities due to mismatches in invoices, supplier filings, or tax values. TaxBuddy addresses this challenge through AI-driven automation that fetches GSTR-2B data directly from the GST portal and reconciles it with business purchase records. By combini

GST treatment of educational and training services in India depends on the nature of education, recognition status, and how services are bundled. Core education up to higher secondary level and recognised higher education remains exempt, while private coaching, corporate training, and non-recognised courses attract 18% GST. Many institutions offer both exempt and taxable elements, creating mixed supply scenarios where GST applies at the highest rate. Correct classification, t

E-commerce operators in India are required to file GSTR-8 monthly to report Tax Collected at Source (TCS) under Section 52 of the CGST Act, 2017, as part of their GST filing obligations. Accurate filing is essential to ensure suppliers can claim their input tax credit and to avoid penalties or interest arising from late or incorrect GST filing . Given the high volume of transactions typically handled by e-commerce platforms, manual reconciliation often leads to errors and com

GST registration cancellation and revocation follow clearly defined procedures under the CGST Act, 2017. Businesses may cancel GST voluntarily due to closure or low turnover, while tax authorities can cancel registrations for non-compliance such as return defaults. Revocation offers a second chance when cancellation is done by the department, provided timelines and conditions are met. Managing these processes requires accurate filings, timely responses, and compliance with fo

Non-Resident Taxable Persons carrying out taxable supplies in India must comply with GST even without a fixed place of business. GSTR-5 is the mandatory monthly return that captures outward supplies, inward supplies, tax payments, and refunds for such entities. The GST filing process for GSTR-5 involves strict timelines, prior registration, bank verification, and accurate reporting of cross-border transactions. Any delay or mismatch can lead to penalties or blocked filings.

GSTR-4 is the annual GST return required from composition dealers, summarising quarterly CMP-08 filings into one consolidated statement of turnover and tax paid. It applies to small businesses registered under the composition scheme with limited compliance obligations but strict timelines. Missing the GSTR-4 deadline can lead to late fees, interest, and loss of scheme benefits. With recent system restrictions limiting delayed filings, accurate and timely GST filing has become

GST registration rules for freelancers and proprietorships may appear identical on paper, but practical differences emerge when business scale, banking requirements, and client expectations come into play. Both structures follow the same turnover thresholds under the CGST Act, yet the decision to register, especially voluntarily, impacts credibility, compliance burden, and growth potential. Choosing the correct path affects invoicing, input tax credit eligibility, ongoing GST

Agencies that handle billing on behalf of clients face a unique GST challenge during GST filing. Their own service income attracts GST, while client-related billing may follow a different tax treatment depending on the contractual structure, documentation, and satisfaction of pure agent conditions. Mixing the two can trigger mismatches, blocked input tax credit, and scrutiny during return filing. Accurate segregation of an agency’s own GST liability and client-related GST is

Subscription-based businesses in India operate on recurring billing cycles, which makes GST compliance both continuous and sensitive to errors. Most subscription services, including SaaS, digital platforms, and online access services, attract 18% GST and require consistent invoice generation, accurate tax classification, and timely return filing. Any mismatch across invoices, GST returns, or input tax credit can quickly trigger notices or blocked filings. With stricter compli

Real estate brokers and consultants in India are required to charge 18% GST on their commission income, regardless of turnover. This obligation often creates confusion around invoice structure, GST registration, TDS deduction, and income tax reporting. Errors in commission invoices or GST filings can quickly lead to mismatches between GST returns, Form 26AS, and ITR disclosures. With increasing digital scrutiny, brokers handling multiple transactions need a clear compliance f