Tag Archives: #ComplianceChallenges

Risk in taking GST on home address: Is there any risk in taking GST on home address?

Risk in GST registration on home address

Risk in taking GST on home address There is no inherent risk in taking GST registration on a home address. Before taking GST registration on a home address, certain factors must be considered. For more information visit this site: https://www.gst.gov.in/ Firstly, it is important to ensure that the residential premises is a suitable place of business,… Read More »

Q220 Consequences: What are the consequences of not sending an e-invoice after selling products under the new Goods and Services Tax (GST) regime in India?

Consequences

Consequences Website Link Consequences: Failure to comply with the e-invoicing requirements under the new Goods and Services Tax (GST) regime in India can have several consequences: Penalty: Failure to comply with the e-invoicing requirements may lead to penalties, which can range up to Rs. 10,000 or 1% of the transaction value, whichever is higher. 10,000… Read More »