GST Supply Archives

GST Registration Rejected vs Suspended vs Cancelled: What’s the Difference?

GST registration is an essential tax compliance requirement for many businesses operating across India.. However, business owners may sometimes find that their GST application has been rejected, their GSTIN has been suspended, or their existing registration has been cancelled. Although these terms may appear similar, each status has a different meaning and requires a different course of action. Businesses looking […]

Complete Guide to Importer of Record (IOR) Services in India: Simplifying International Trade

August 5, 2025 Admin Multimodal Transport Operator services in Coimbatore, Company, Goods and Services tax, GST, GST registration, GST Supply

Introduction International trade between foreign companies and Indian customers has become increasingly complex due to evolving regulations and compliance requirements. For overseas suppliers looking to deliver goods to India, particularly when dealing with unregistered customers or lacking local presence, Importer of Record (IOR) services have emerged as an essential solution for seamless cross-border transactions. Understanding Importer of Record Services What […]

GST TDS vs Income Tax TDS: Key Differences You Must Know

July 8, 2025 Admin Best services for Solubilis corporate services, Company, Company Registration, Goods and Services tax, GST, GST registration, GST Supply

TDS, or Tax Deducted at Source, is a common term in the world of taxation. But did you know that India has two major types of TDS — one under the Income Tax Act, and another under the Goods and Services Tax (GST) regime? While both are meant to ensure tax compliance and prevent tax evasion, TDS under GST and […]

Mixed Supply and Composite Supply under GST

November 4, 2024 Admin GST Supply

The Goods and Services Tax (GST) regime in India has brought various concepts to standardize indirect taxation, two of which are Mixed Supply and Composite Supply. These terms might sound similar but have distinct meanings and implications under GST. Correctly categorizing supplies is crucial, as it impacts the applicable tax rates and compliance. Principal Supply: This refers to the good […]

Definition of Supply under GST: Scope explained

September 26, 2024 Admin GST Supply

Definition of Supply: Under GST, the law widely defines ‘supply’ to include all types of transactions involving goods and services, such as sale, transfer, barter, exchange, licensing, rental, leasing, or disposal. A person must make or intend to make these transactions for consideration in the course or furtherance of their business. This comprehensive definition is crucial as GST is levied […]