Eligibility for GST registration Eligibility for GST registration, GST (Goods and Services Tax) registration in India is required for various entities involved in the supply of goods or services. The following individuals or entities are typically require to take GST registration: Regular Taxpayers: Businesses with an annual aggregate turnover exceeding the prescribed threshold limit… Read More »
Business Registration Process A business registration process or incorporation certificate is an official document issued by the government or relevant regulatory authority to confirm the legal existence of a business entity. The certificate serves as proof that the business has been register and incorporated according to the laws and regulations of the jurisdiction. The… Read More »
GST Exemption for Private Limited GST Exemption for Private Limited, A private limited company is a type of business entity that can operate without GST (Goods and Services Tax) depending on the specific circumstances and applicable regulations. In general, businesses in India with an annual turnover below the GST threshold (currently INR 40 lakhs… Read More »
GST Compliance Requirements GST compliance requirements, To ensure GST compliance, businesses need to fulfil certain requirements and obligations. Here are some key requirements for Gst compliance requirements : GST Registration: Businesses whose turnover exceeds the specified threshold (varies by country) are required to register for GST. The registration process involves providing necessary information to… Read More »
How to do GST compliance for private limited company Compliance with GST for a private limited company entails meeting the prescribed guidelines and fulfilling the requirements of the Goods and Services Tax (GST) as established by the tax authority. Here are some key aspects of GST for Private limited company: GST Registration: If your company… Read More »
GST Compliance Checklist GST compliance checklist, Maintaining compliance with the Goods and Services Tax (GST) regulations is crucial for businesses. While the specific requirements may vary depending on the country. Here is a general GST compliance checklist GST Registration: Ensure that your business is registered for GST as per the prescribed threshold limits and… 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 »
Street Vendors In India Street Vendors In India, To register for taxes as a street vendor in India, the following steps should be followed: Obtain the necessary licenses: Street vendors must acquire licenses from the relevant local authorities, such as municipal corporations or local bodies, to conduct their business operations. They might also need… Read More »
Individual retail sale tax-exempt India Individual retail sale tax-exempt India, Confirm if the goods or services being sold qualify for tax exemption. Certain items like essential medicines, agricultural products, and educational services are exempt from taxes. Obtain a valid tax exemption certificate: If the buyer qualifies for tax exemption, they should provide a valid… Read More »
GST in India Co-working spaces have become popular in India, especially among freelancers, startups, and small businesses. They offer flexibility, cost-efficiency, and the opportunity to work in a dynamic, shared environment. However, as with any business arrangement, questions arise about legal liabilities, especially when it comes to taxes, such as the Goods and Services Tax… Read More »
