Tag Archives: #GSTConsultation

Can I run multiple businesses on a single GST as a sole proprietor?

Can I run multiple businesses on a single GST as a sole proprietor Yes, as a sole proprietor, you can run multiple businesses on a single GST registration. However, you would need to mention the details of all your businesses while applying for GST registration, including their names, addresses, and types of goods or services… Read More »

What are the things one should know about GST?

Basics of GST   Basics of GST, Goods and Services Tax, is a comprehensive indirect tax that was introduce in India on July 1, 2017, with the aim of simplifying the tax structure and eliminating multiple layers of taxation. Here are some key things one should know about GST: 1.GST is a destination-based tax: GST… Read More »

221 Is the GST composition scheme better than the regular scheme for retailers?

      User Intent Retailers often struggle to choose between the GST Composition Scheme and the Regular GST Scheme. This article provides a step-by-step comparison to help them decide which option is better based on their business size, tax burden, and compliance requirements. Introduction GST is a crucial tax system in India, and businesses… Read More »