There can also additionally be suo moto lawsuits initiated through the tax authority to terminate a taxpayer’s GST registration. If a tax authority files a suo moto lawsuit to cancel a taxpayer’s GST registration, the taxpayer can use the GST portal to request that the cancelled GST registration be reinstated. registration be reinstated or revoked. … Read More “What is the Revocation of Cancellation of GST Registration?” »
What is GST Registration? GST Registration was brought in India in July 2017. As in step with the act, it’s an aggregate of oblique tax like VAT & Service tax for the same. It is needed whilst your turnover or income move extra than forty lakh rupees in a year ( 10 lakh for NE … Read More “Features of the GST Registration in Short?” »
GST is the biggest tax reform since Independence. It’s changing the way we do business, and it’s making us more efficient. The changes involve a new invoice, updated software and an account number on your bill. There are five steps you must complete in order to use invoices: print, sign and file the proper forms … Read More “How Digitalisation & GST e-Invoicing Speed up Tax Compliance” »
By registering your business for GST, you will ensure that tax compliance is followed and a lot of tax money will be collected by the government. This money will help the government implement necessary schemes in order to benefit the people as much as possible. A major objective of GST is to cut down on … Read More “Procedure for GST Registration in Haryana” »
India’s tax system has been streamlined as a result of the Goods and Service Tax.By enforcing a number of regulations since its introduction in 2017, GST has contributed to the digitization of the tax infrastructure.The government uses a website called the government GST portal to display information about the GST. Taxpayers can also use it … Read More “Login Guide to GST Portal” »
There may have been suo moto proceedings initiated by the tax authority to terminate a taxpayer’s GST registration. If a tax authority has initiated suo moto proceedings to terminate a taxpayer’s GST registration, the aggrieved taxpayer can use the GST portal to request that the canceled GST registration be reinstated or revoked. The purpose of … Read More “What is Revocation of Cancellation of GST Registration?” »
Small-business owners often have a difficult time calculating GST, and besides, adding and subtracting GST takes up lots of time and brainpower. It is for this purpose that we developed our new GST calculator-a tool that is easy to use, no fuss, and makes GST calculations quick and easy. GST Calculator: How to use it … Read More “How to make calculating GST easier?” »
Types of GST returns GSTR1 A tax return for outward supplies made during the tax period (it contains details about both interstate and intrastate B2B and B2C sales, as well as reverse charge purchases and interstate stock transfers). A late fee will be automatically populated in Form GSTR-3B when Form GSTR-1 is filed late (after … Read More “Types of GST returns” »
There are four types of GST: Integrated Goods and Services Tax (IGST), State Goods and Services Tax (SGST), Central Goods and Services Tax (CGST), and Union Territory Goods and Services Tax (UTGST). Each of them has a different tax rate. A significant amount of confusion has been witnessed regarding the new indirect tax regime under … Read More “GST Types In India” »
Many businesses operate out of their owners’ homes since they don’t require a physical location. If the taxpayer is the legal owner of the property where the work will be performed, they must upload proof of ownership when registering. If the property is rented, you must provide a copy of the signed lease or rental … Read More “GST Consent Letter Format and Requirements” »
