GST Number Search Online, Verify GST Number
What is GSTIN? GSTIN, short for GST Identification Number, is a 15 digit unique identification number allotted to every taxpayer. The GSTIN is issued when the taxpayer gets himself or herself registered under GST. It is necessary to obtain the GST number for every registered person. The 15 digit GST number indicates the following: What […]
Cancellation of GST Registration
As we all know, it is mandatory for every supplier, with an aggregate turnover of over twenty lakh rupees during a financial year, to take GST registration. But there are various circumstances where the proper officer can cancel this registration. The GST law provides unbounded authority to the proper officers to cancel taxpayers’ registration when […]
Know When to File INC 20A Form- Declaration for the Commencement of Business
After the Company Incorporation In India, it is mandatory for the company to intimate the registrar about the commencement of the business. As per Section 10A of the Companies Act, 2013, every company that is incorporated on or after 2nd November 2018 shall declare the commencement of the business by filing Form INC-20A with the […]
E-Ledgers under GST: Electronic Cash, Credit and Liability Ledger
The GST portal consists of three pillars that provide a snapshot of all the GST transactions that the taxpayers undertake after obtaining GST registration online. These pillars are the e-ledgers of GST that includes: Whether it’s about claiming an input tax credit, tax payment, refunds or issue and payment of any demand, the transaction ultimately […]
GST Rate Applicable for Beauty Parlours, Gyms, and Healthcare Services
Beauty parlours, gyms and healthcare services are on the rise as more and more people are shifting their attention towards healthy and sustainable lifestyle habits. As these services are more of a personalised nature, GST is borne by the end consumers. If you are planning to open a beauty parlour, gym or provide health care […]
GST on insurance
Do you want to explore new findings of GST on Insurance? With the implementation of the Goods and Services Tax or GST, India has faced widespread debate. This is because almost every industry in the country has been influenced by GST implementation and its associated rules. This has impacted the Insurance sector of India as […]
GST Portal and Enrollment
Introduction With the introduction of GST in India, it has been transforming the way the small and big businesses operate in India. To make things easy for a layman and to inculcate a smooth transaction for the GST implementation in the country, the government has launched the GST portal through which an individual can do […]
GST Payment Online – How to Pay GST Online?
GST payment can be done through both online and offline methods. In this article, we will discuss how to pay GST online. To pay GST online, you will need to have a GST-registered account on the GST portal. There are a few other factors like the type of taxpayer you are and the liability amount […]
GST on Advance Payment Received From Customers
GST (Good and Services Tax) is a tax paid on the product or service once it is delivered or at the instance of receipt of payment. So, what about the situations where the supplier asks for advance payments on goods/services? When and how much tax needs to pay for advance payments received in India? Are […]
GST Registration Govt Fees details 2021-2022
Are you looking for information on GST registration fees in India? Do you wish to accelerate your mental horizon with the nitty-gritty of GST Registration Government Fees details? It’s time to stop worrying. We are right here with all the relevant and up-to-date information you need about GST Registration Government Fees details. Let’s start with […]