Know The GST Applicability On You?
GST applicability on various entities, including individuals, businesses, as well as organizations, is crucial in navigating the tax landscape. In order to start a business, the person has to obtain …
gst registration
GST Slab Rates 2023: Easily Explained by TaxHelpdesk
Goods and services tax slab rates, 2023 in India continue to be levied under the five key slab rates namely – 0%, 5%, 12%, 18%, and 28%. Having said that, …
GST Slab Rates 2023: Easily Explained by TaxHelpdesk Read More »
HOW TO CLAIM INPUT TAX CREDIT, ELIGIBILITY & REQUIREMENTS.
Before the advent of the Goods and Services Tax regime, the indirect tax regime comprised of service tax, central excise, VAT and other related taxes. Under the old indirect tax …
HOW TO CLAIM INPUT TAX CREDIT, ELIGIBILITY & REQUIREMENTS. Read More »
Benefits of Filing GST Returns on Time
Goods and Services Tax for short: GST Returns is a document that contains all the details of input (purchases), output (sales), input tax (tax paid on purchases) and output tax …
GST Registration on basis of State & Turnover
GST being a tax on the event of “supply”, every supplier needs to get registered. However, businesses having Annual Aggregate Turnover (AATO) of more than the prescribed limit as per their business in the relevant State are required to obtain GST Registration.
GST on land and Building
GST regime considers selling of immovable property as supply of services. Therefore, GST is payable on the same. In this blog, we will talk in detail about GST on land …
GST registration for Multiple Businesses
The GST registration is PAN based and State specific. Supplier has to register in each of such State or Union territory from where he effects supply. What is considered to …
Know documents required for GST Registration
Goods and services tax Registration is to be obtained in case aggregate annual turnover of business exceeds Rs. 40 lacs (Rs. 10 lacs for North-Eastern and Hill states) and in …
Various Types of Supply Under GST
Article 366 of the Indian Constitution defines “goods and services tax” as any tax on supply of goods, or services or both except taxes on the supply of the alcoholic liquor for human consumption. The Central and State governments have simultaneous powers to levy GST on Intra-state supply. However, the Parliament alone have exclusive power to make laws with respect to levy of goods and services tax on Inter-state supply.
How to Register GST Online in India?
Goods and Services Tax, also known as GST came into effect from July 1, 2017. It is applicable on all service providers (including freelancers), traders and manufactures. It has subsumed …