Turnover Certificate from GST Portal Introduction A Turnover Certificate is an essential document that provides details about a business’s total turnover over a specific period. Businesses registered under the Goods and Services Tax (GST) in India often require this certificate for compliance, loan applications, or tax assessments. This article provides a step-by-step guide on… Read More »
Is GST Registration Required for Small Wholesalers If you’re a small wholesaler in India, one of the most pressing questions you might have is whether you need to register for Goods and Services Tax (GST) if your annual turnover is less than ₹20 lakhs. The answer depends on several factors, including your business activities… Read More »
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 »
User Intent When businesses make cash sales, they often wonder whether they need to issue a tax invoice for Goods and Services Tax (GST). This article clarifies the GST invoicing requirements for cash transactions, explaining when and how a tax invoice should be issued. Introduction GST regulations can be confusing, especially when dealing with cash… Read More »
Is GST mandatory for Amazon seller Yes, GST registration is mandatory for an Amazon seller if they meet certain criteria. According to GST laws, any person or business engaged in the supply of goods or services with an annual turnover exceeding Rs. 20 lakhs (Rs. 10 lakhs for northeastern and hilly states) is required to… Read More »
Can I add a new HSN code addition after GST registration When a business registers under the Goods and Services Tax (GST) in India, it’s required to declare its goods and services using HSN (Harmonized System of Nomenclature) codes for goods and SAC (Services Accounting Codes) for services. These codes are critical for tax compliance… Read More »
User Intent The user intends to understand why a Goods and Services Tax (GST) number may show as invalid, its implications, and how to resolve the issue effectively. This article aims to offer an in-depth explanation, providing clear steps, and useful insights for users facing this issue. Introduction GST (Goods and Services… Read More »
Introduction With the implementation of the Goods and Services Tax (GST), many consumers have been confused about whether they must still pay service charges at restaurants, hotels, and other service-oriented businesses. This article provides a step-by-step understanding of the service charge, its applicability after GST, its benefits, limitations, and frequently asked questions. Definition… Read More »
NOC vs. Rental Agreement in GST Registration Form When registering for GST (Goods and Services Tax) in India, one of the requirements is to provide proof of the principal place of business. This can be done using various documents, including a No Objection Certificate (NOC) or a Rental Agreement. Here’s a detailed explanation of how… Read More »
Understanding “Assigned to the Center” and “Assigned to State” in GST REG-01 Registration When registering for the Goods and Services Tax (GST) in India using the GST REG-01 form, applicants encounter various fields that need to be meticulously filled out to ensure accurate registration. Among these, two fields often create confusion: “Assigned to the Center”… Read More »