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Legal

GST

Goods and Services Tax

India’s tax on the sale of goods and services. Once your turnover crosses the threshold you must register, charge it on invoices, and file returns.

Example

Billing a client ₹1,00,000 plus 18% GST means you collect ₹1,18,000 and pass ₹18,000 to the government.

Related terms

Compliance
Keeping up with the filings, taxes and rules your business is legally required to follow. Boring until you skip it, then expensive.
Invoice
यह एक औपचारिक बिल है जो आप ग्राहक को भेजते हैं, जिसमें यह जानकारी होती है कि उन्होंने क्या खरीदा है और भुगतान कब तक करना है।

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