Tag Archives: #BusinessComplianceGuide

GST registration taxpayer or tax deductor?

GST registration taxpayer or tax deductor   GST registration taxpayer or ta deductor: GST registration is applicable to both taxpayers and tax deductors, but the specific requirements and processes may vary. Let’s understand each category: 1. Taxpayer: A taxpayer is a person or entity that engaged in the supply of goods or services and required… Read More »

GST registration pan does not exist?

GST Registration Without PAN GST registration without PAN If you receive an error message stating that your PAN (Permanent Account Number) does not exist during the (Goods and Services Tax) registration process, it could indicate an issue with the PAN information provided or a mismatch between the details you entered, and the records maintained by… Read More »

GST registration through tan number?

TAN number for GST registration TAN number for GST registration, In India, the Goods and Services Tax (GST) registration process does not require a TAN . Tax Deduction and Collection Account Number(TAN) is a separate registration issued for deducting and depositing TDS (Tax Deducted at Source) under the Income Tax Act. To register for GST… Read More »

Business license Id?

Business License ID A Business License ID is a unique alphanumeric code assigned to a business when it is officially registered with a government agency. This ID is used for tracking and monitoring the business in regulatory, tax, and compliance systems. Think of it as your business’s identification card, ensuring that it operates within legal… Read More »

Is GST registration mandatory for Private Limited Company?

GST registration for private limited company Yes, GST (Goods and Services Tax) registration is mandatory for a private limited company in India under certain circumstances. Threshold Turnover: If your company’s annual turnover exceeds the specified threshold, GST registration is mandatory. The threshold limits vary based on the type of business and the state in which… Read More »

Do you have to register your business as a sole proprietor?

Do you have to register your business as a sole proprietor The requirement to register your business as a sole proprietor can vary depending on the country, state, or region in which you operate. In many jurisdictions, there is no legal requirement to register a sole proprietorship specifically. As a sole proprietor, you can typically… Read More »

What is sole proprietorship registration?

Registration of Sole Proprietorship  Sole proprietorship registration is the process of officially establishing and legalizing a sole proprietorship business. While the registration requirements can vary depending on the jurisdiction, the general steps involved in sole proprietorship registration are as follows: Choose a Business Name: Select a name for your sole proprietorship. You can use your… Read More »