Registration
Gst Registration For Foreign Company
Foreigners and non-resident Indians (NRIs) are drawn to India because of the country’s commercial opportunities. If you’re a non-resident and plan on selling goods or services, whether, for a short or long period of time, you’ll need to register for ...
What Is Input Tax Credit In GST with Example
One of the fundamental features of GST is the seamless flow of input credit across the chain (from the manufacture of goods till it is consumed) and across the country. 1st February 2022 Budget 2022 updates- 1. ITC cannot be claimed if it is ...
Gst Invoice Format For Service Provider
An invoice is a commercial instrument issued by a seller to a buyer. It identifies both the trading parties, and lists, describes, and quantifies the items sold, shows the date of shipment and mode of transport, prices and discounts, if any, and the ...
How to get Downloadable Gst Invoice Format?
Invoice Format All invoice issued by businesses under GST must contain the following information: Name, address, and also GSTIN of the supplier A consecutive serial number not exceeding sixteen characters, in one or multiple series, containing ...
Foreign Embassy GST Registration Form
UIN stands for Unique Identification Number, a special class of GST registration for foreign diplomatic missions and embassies that are not liable to taxes in the Indian territory. Any amount of tax (direct or indirect) collected from such bodies is ...
How to check the correct Input Tax Credit Rate?
Input Tax Credit – ITC One of the fundamental features of GST is the seamless flow of input credit across the chain (from the manufacture of goods till it is consumed) and across the country. Latest Update 1st February 2022 Budget 2022 updates- 1. ...
How To Get Temporary GST Number
TEMPORARY GST REGISTRATION FOR CASUAL TAXABLE PERSON If any individual undertakes occasional transactions, which involves supply of goods or services or both as a party or as an agent or in any other capacity in any state or UT where he has no fixed ...
What is GST invoice & Who can Issue it ?
Invoicing Under GST As a GST registered dealer, you are required to provide GST Invoices, also known as GST bill to your clients. Here, we will be covering the following aspects of GST Invoices: What is a GST Invoice? An invoice or a GST bill is a ...
Temporary GST Registration Number
TEMPORARY GST REGISTRATION FOR CASUAL TAXABLE PERSON If any individual undertakes occasional transactions, which involve the supply of goods or services or both as a party or as an agent or in any other capacity in any state or UT where he has no ...
Letter Of Undertaking Under Gst For Export
What does LUT under GST means? LUT in GST: Full form/meaning is Letter of Undertaking. It is prescribed to be furnished in the form GST RFD 11 under rule 96 A, whereby the exporter declares that he or she will fulfill all the requirement that is ...
How To Revoke GST Registration After 180 Days
Revocation of GST Registration Cancellation The GST Act is very comprehensive and covers various situations a taxpayer may face with provisions and procedures. In this article, we look at the procedure for revocation of GST registration cancellation ...
GST Rule for Aadhaar Authentication While Registration
The 39th GST Council Meeting was held on March 14, 2020, In which, the council agreed on the operationalization of Aadhaar authentication for new taxpayers. However, as per sources in the Finance Ministry, the implementation of the process was ...
What are the GST E Invoicing Applicability and requirements?
Who must Generate E-Invoices? Turnover limit Phase Applicable to taxpayers having an aggregate turnover of more than Applicable date Notification number I Rs 500 crore 01.10.2020 61/2020 – Central Tax and 70/2020 – Central Tax II Rs 100 crore ...
Types of GST and its Applicability
GST Applicability: An Overview Although GST is theoretically paid by suppliers, the burden is ultimately passed on to end-users. India is a quasi-federal country with the ability to levy and collect taxes through suitable legislation by both the ...
Gst registration for service provider
In this guide we let you know about GST Registration for Service Providers. All the Service Providers have different rules regarding GST Registration. The Goods and Services Tax (GST) is a unified tax structure that was implemented by the Government ...
How to Apply GST Registration Online?
जीएसटी रजिस्ट्रेशन कैसे करें GST Registration Kaise Kare GST Indirect Tax की व्यवस्था का एक सबसे बड़ा सुधार है| GST भारत में मोदी सरकार द्वारा जुलाई, 1 , 2017 को देश में इसकी शुरुवात की गयी थी | इसे देश में आर्थिक विकास को बढ़ाने के लिए लाया गया ...
How to Track GST Application Status?
Instant Check your ARN status of GST Application, all over India Search your ARN status of GST application number all over India ,Just type your ARN number below and check application status of the GSTIN/UIN. ARN number is generated on the GST Portal ...
Gst Registration Documents Required
How does GST registration helps you: GST registration not only helps you in getting your business recognized as a legal registrant but also opens a number of opportunities for your business. Benefits to GST registered business at glance are as ...
What is Input Tax Credit? Explain with examples
What is input tax credit? Input credit means at the time of paying tax on output, you can reduce the tax you have already paid on inputs and pay the balance amount. Here’s how: When you buy a product/service from a registered dealer you pay taxes on ...
Input Tax Credit Utilization & Adjustment Rule
Input Tax Credit – ITC One of the fundamental features of GST is the seamless flow of input credit across the chain (from the manufacture of goods till it is consumed) and across the country. Latest Update 1st February 2022 Budget 2022 updates- 1. ...
GST on Second Hand or Used Mobile Phones and Gadgets
GST on Purchase & Sale of Second-hand goods and Margin Scheme Mr. Rohit purchases a car for Rs. 10 lakhs, and it includes a GST amount of Rs. 2 lakhs. Now, if he resells it after 4 years for Rs. 5 lakh then if GST is imposed on such Rs. 5 lakh then ...
Is GST is applicable on director remuneration ?
Directors’ remuneration refers to compensation the company gives to its directors for the services rendered. This can be through fees, salary or by use of a company’s assets. The remuneration paid to Directors is issued only on receiving approval ...
GST temporary registration number login
To obtain a temporary registration number, follow these steps: Step 1: Go the official website of GST and choose services, click on registration and then on new registration. Step 2: Enter all the required information, PAN number, mobile number, and ...
Temporary GST Number Application Process
If any individual undertakes occasional transactions, which involves supply of goods or services or both as a party or as an agent or in any other capacity in any state or UT where he has no fixed address to operate. A GST Registration of a casual ...
GST Invoice Serial Number Rules
GST Invoice Serial Number Rules Following are the mandates that issuers need to follow as per Rule 46 (b). The invoice numbers must be sequential or consecutive. They must be unique for a financial year, containing an alphanumeric combination. A ...
GST Registration is not compulsory in the case of
This article is all about the exemptions under GST registration mentioned by the Government of India. GST registrations will start latest by 1st July 2017. There are some people who are exempted from the GST Registration based on what is the nature ...
GST Registration without Aadhaar Authentication
At the time of GST registration, every applicant can opt for the Aadhaar authentication. The exceptions are persons exempted by the Central government under the CGST Act or those who must mandatorily undergo the Aadhaar authentication under section ...
GST Registration Fees & Charges of CA
The government does not charge any GST registration fees for GST registration online through the government portal. Once the relevant documents have been uploaded, as mentioned previously, you will receive an Application Reference Number (Or ARN) on ...
How To Calculate Goods And Services Tax
What is GST? Goods and Services Tax or GST refers to the indirect tax levied on the supply of goods and services. From July 1, 2017, GST came up as single taxation system in India and replaced all the indirect taxes in the country. The Central ...
What is the Limit for GST Registration
As per the GST Regime, businesses or business owners whose turnover exceeds more than Rs. 40 lakhs is required to register under GST as an average taxable person and Rs 10 lakhs, GST Registration Threshold Limits for Services operated in NE and hill ...
GST Registration for E-Commerce Seller
GST has a significant influence on Indian e-commerce. With more and more trade online, the government has created additional laws and regulations that e-commerce businesses must follow under GST. Regardless of the value of the supply, all members who ...
GST Registration for Proprietorship
GST Registration for Proprietorship Firm can be done quickly Online, but Today in this guide, we give you tips so you can easily apply GST Registration for Proprietorship Firm Online. We will tell you whether the sole proprietorship firm can be ...
How to do Self GST Number Registration
GST Registration process is online based and must be carried out on the government website gst.gov.in. Every dealer whose annual turnover exceeds Rs.20 lakh (Rs.40 lakh or Rs.10 lakh, as may vary depending upon state and kind of supplies) has ...
GST Registration For Foreign Company in India
GST Registration For Foreign Companies All individuals should apply for GST registration for foreign companies as per the GST Act. Goods and Services Tax or GST acts as an indirect tax in India. The tax applies to all the goods and services. The ...
Benefits of goods and service tax
Hailed as one of the biggest tax reforms of the country, the Goods and Services Tax (GST) subsumes many indirect taxes which were imposed by Centre and State such as excise, VAT, and service tax. It is levied on both goods and services sold in the ...
Steps for Goods and Service Tax Payment
After making all adjustments and taking Input Tax Credit (ITC) available to a taxpayer, a taxpayer must pay any balance GST liability online. Here is a step-by-step guide that will help you make GST payments with ease – Step 1 – Login to the GST ...
Goods And Service Tax (GST) Login Portal
India’s Goods and Service Tax (GST) portal is an official website hosted on www.gst.gov.in . The GST Portal Login provides various services through which all the compliance activities related to Goods and Services Tax (GST) are undertaken by ...
Proprietorship Firm GST Registration
While many businesses have enrolled/migrated to GST, many have yet to register. Registration of any business entity under the GST Law implies obtaining a unique GST number from the concerned tax authority to collect tax on behalf of the government ...
GST Applicability & Registration for Proprietorship Firm
Sole Proprietorship Sole Proprietorship Registration Procedure & Advantages A Sole Proprietorship form of business organization is where a business is managed by a single person. Generally, it does not require any registration as such. Any individual ...
Where to Register Proprietorship Firm
Documents Required for Sole Proprietorship Registration in India Sole Proprietorship is the most accessible form of business done in India since any specific laws don’t govern it. Under sole Proprietorship's, the compliance’s are minimal and easy to ...
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