One stop for everything related to taxes,
Our Blogs

Input Tax Credit under GST plays a direct role in reducing the tax cost for businesses, but only when expenses are classified correctly. Many ITC claims fail not because the tax was ineligible, but because expenses were miscategorised or overlooked under GST rules. Certain business inputs qualify fully, others require partial reversal, while some are blocked altogether under Section 17(5) of the CGST Act. With frequent GST updates and tighter scrutiny, understanding how ITC a

GST compliance for B2B and B2C businesses in India now demands sharper classification, tighter reporting, and stricter accuracy. With 2025 updates under the CGST Act mandating separate HSN summaries and clearer transaction segregation in GSTR-1, businesses can no longer rely on consolidated reporting. B2B transactions affect input tax credit flow, while B2C reporting focuses on outward tax liability without credit pass-through. Errors in classification can lead to ITC mismatc

GST on coaching classes and online courses in India follows a clear commercial services framework. Private coaching institutes, EdTech platforms, and hybrid offline–online course providers are treated as taxable service providers rather than educational institutions offering recognised qualifications. As a result, an 18 per cent GST rate applies uniformly to classroom coaching, live online classes, recorded courses, and blended delivery models. Registration thresholds, invoic

GST return filing directly affects business cash flow through timely tax payments, blocked credits, and compliance-linked penalties. Errors or delays in returns such as GSTR-1 and GSTR-3B can lock Input Tax Credit, forcing businesses to pay tax from working capital instead of available credits. With stricter GST rules in 2025, including non-editable GSTR-3B filings and limits on past return submissions, accuracy and planning have become critical. Platforms like TaxBuddy simpl

When a business operating under the GST composition scheme crosses the prescribed turnover limit, a mandatory shift to the regular GST scheme becomes unavoidable. This transition affects invoicing, return filing, tax rates, and eligibility for input tax credit. Missing timelines or filing incorrect forms during GST filing can result in penalties and loss of benefits. TaxBuddy simplifies this transition by guiding composition dealers through exit formalities, GST portal filing

GST amendments in 2025 have reshaped compliance for businesses across India. Slab rationalisation, stricter e-invoicing timelines, revised return formats, and new registration rules mean errors can now trigger faster rejections and penalties. Keeping up manually has become impractical, especially with frequent notifications from the GST Council. Filing accuracy now depends on how quickly systems adapt to law changes. This is where technology-led compliance matters. Platforms

GST compliance for businesses operating multiple branches under one PAN is no longer limited to simple return filing. Each branch registered in a different state is treated as a distinct person under the GST law, requiring separate GSTIN-wise returns and reconciliations. From April 1, 2025, Input Service Distributor registration becomes mandatory for such entities, adding another layer of compliance. Managing outward supplies, ITC distribution, and statutory deadlines across

A GST compliance health check is no longer optional for businesses filing regular returns. With stricter enforcement, automated audits, and tighter ITC rules expected in 2025, even small inconsistencies in past GST filings can trigger notices, interest, or penalties. Reviewing earlier GSTR-1, GSTR-3B, and GSTR-2A/2B data helps uncover mismatches, missed credits, and reporting gaps before authorities flag them. Platforms like TaxBuddy now integrate GST data with income tax fil

GST return filing errors continue to trouble businesses even in 2025. Despite portal upgrades and stricter compliance rules, mistakes like GSTR-1 and GSTR-3B mismatches, incorrect ITC claims, and GSTIN errors are still leading to notices, penalties, and blocked refunds. Tax authorities now rely heavily on automated matching and analytics, leaving little room for manual oversight. Platforms handling filings at scale, such as TaxBuddy, regularly encounter cases where minor-look

GST return filing for manufacturing units hinges on accurate Input Tax Credit management across raw materials, work-in-progress, and finished goods. Errors in ITC eligibility, reversals, or reporting can directly impact cash flow and invite compliance issues, especially with stricter GST rules introduced in 2025. Manufacturers must track how inputs move through production, how exemptions affect stock, and how returns like GSTR-1 and GSTR-3B capture these details. Digital comp