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March 2026

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10 GST Mistakes Small Businesses Make

10 GST Mistakes Small Businesses Make (And How to Avoid Them)

Accounting & Taxes, Business Resources & Tips, GST IndiaBy Abhishek ShelarMarch 6, 2026Leave a comment

Last quarter, a retail client walked into my office with a stack of GST notices — three demand letters, two ITC disallowances, and a registration suspension warning. His business was doing well. Sales were growing. But his GST compliance was a mess, and it had been silently compounding for months. He’s not alone. Most small…

Difference Between Input Tax Credit and Output Tax

Difference Between Input Tax Credit and Output Tax (With Example)

Accounting & Taxes, GST IndiaBy Abhishek ShelarMarch 2, 2026Leave a comment

Under GST, output tax is the tax you collect on sales, while input tax credit is the tax you can claim on purchases to reduce your final tax liability. The difference between the two determines how much GST you actually pay the government. In simple terms, understanding the difference between input tax credit and output…

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