Goods and Services Tax (GST) Goods and Services Tax (GST): The GST is a comprehensive indirect taxation system imposed on the provision of goods and services across India. It is a destination-base tax system that aims to replace multiple indirect taxes like excise duty, service tax, VAT (Value Added Tax), and others. 1. Introduction: GST… Read More »
Turnover Certificate from GST Portal To download a turnover certificate from the GST (Goods and Services Tax) portal, you can follow these steps: 1. Visit the GST Portal: Go to the official GST portal of your country. For example, in India, the GST portal is https://www.gst.gov.in/. 2. Log in to Your GST Account: Log… Read More »
GST Registration Importance GST (Goods and Services Tax) registration is importance for several reasons: Legal Compliance: GST registration is a legal requirement for businesses that meet the turnover threshold specified by the government. Failing to comply with the GST registration requirements can lead to fines and legal ramifications. Legitimate Business Operations: GST registration… Read More »
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 »
Tax Registration Number To acquire the PAN (Permanent Account Number) using a GST (Goods and Services Tax) Tax Registration Number number in India, please adhere to the subsequent instructions: 1. Visit the official GST portal: Go to the Goods and Services Tax (GST) portal website of India at www.gst.gov.in. 2. Click on “Search Taxpayer”:… Read More »
Finding PAN in GSTIN Finding PAN in GSTIN, The PAN (Permanent Account Number) is not directly embedded within the GST (Goods and Services Tax) number. However, the PAN number is used as a basis for generating the GSTIN (GST Identification Number). In the GSTIN, the PAN number is included as part of the structure. For… Read More »
GST Registration is Compulsory In India, GST (Goods and Services Tax) registration is compulsory under the following circumstances: 1. Threshold Limit: If your annual aggregate turnover of taxable supplies (goods or services) exceeds the prescribed threshold limit, Compulsory GST registration. The threshold limit varies based on the state in which your business operates. As… Read More »
GST registration cancellation process GST registration cancellation process, In India, the cancellation of GST (Goods and Services Tax) registration can occur in specific situations as outlined below: Closure or Discontinuation of Business: If a business ceases to exist, is closed, or is no longer liable to pay GST, the GST registration can be canceled.… Read More »
Voluntary GST registration Website Link: The following circumstances outline voluntary GST registration becomes a requirement. Threshold Limit: If your annual aggregate turnover of taxable supplies (goods or services) exceeds the specified threshold limit, you are required to take GST registration. The threshold limit varies based on the state in which your business operates. As of… Read More »
PAN number retrieval from GST number PAN number retrieval from GST number Website Link: PAN number retrieval from GST number: To acquire the PAN (Permanent Account Number) from a GST (Goods and Services Tax) number in India, you can proceed with the following steps: Visit the official GST portal: Go to the Goods and Services… Read More »
