Proof of address for GST registration When registering for GST in India, there are a number of documents that can be submitted as proof of address for GST registration. These include: 1.Aadhaar Card: This is a unique identification card issued by the Government of India, and includes the individual’s address. To Visit https://www.gst.gov.in/ 2.Passport: This… Read More »
What is GST compliance portal GST portal is the official online platform for GST compliance in India. It is the central repository for all GST-related activities, including registration, return filing, payment, and other compliance requirements. The Goods and Services Tax Portal provides various services and features to help taxpayers meet their GST obligations. Some key… Read More »
Goods and Services Tax Yes, in India, as a service provider, you are required to pay Goods and Services Tax (GST) if your annual turnover exceeds the threshold limit of Rs. 20 lakhs (or Rs. 10 lakhs for some special category states). Even if your turnover is below the threshold limit, you have the option… Read More »
The GST rate for a hotel under composition Hotels that opt for the composition scheme under GST (Goods and Services Tax) are subject to a flat rate of 6% on their turnover. This rate is applicable to both AC and non-AC restaurants, as well as hotels and lodges with a room tariff of up to… Read More »
Can we provide a personal PAN number for GST registration No, you cannot provide a personal PAN (Permanent Account Number) number for GST (Goods and Services Tax) registration of a company. It requires a PAN number that specifically issue to the company by the Income Tax Department of India. For more information to Visit https://www.gst.gov.in/… Read More »
Is a Digital Signature Certificate (DSC) Mandatory for Proprietorship in GST? In the evolving landscape of India’s tax system, the Goods and Services Tax (GST) has become a central component for businesses across the country. One important aspect of GST compliance is the use of a Digital Signature Certificate (DSC) for filing returns and… Read More »
Annual GST Return Annual GST Return, The Government of India has recently introduced some changes to simplify and streamline the process of filing annual GST returns for taxpayers. Here are the key changes: Single return form: Previously, different forms were use for filing annual returns based on the taxpayer category. Now, a single annual return… Read More »
GST Compliance GST Compliance, Under the Goods and Services Tax (GST) regime in India, different categories of taxpayers are required to File returns to fulfill their GST Compliance. Here are the types of taxpayers and their corresponding return filing requirements: Regular taxpayers: Registered individuals or businesses who are liable to pay GST on their… Read More »
GST invoices manually GST invoices manually, For businesses with a turnover of up to Rs. 1.5 crores in a financial year, GST invoices can be issued manually. 1.5 crores in a financial year, GST invoice can be issued manually. Here are the steps to issue a manual GST invoices: Create an invoice format that… Read More »
Is one GST registration possible for different businesses Yes, the GST Act permits businesses to operate multiple businesses, business verticals, and business branches using the same GSTIN. This concept is known as Vertical Business in GST. Under this concept, you have the flexibility to register your various businesses and business branches under a single GST… Read More »
