Tag Archives: #GSTProcedure

What is the requirements of GST Compliance?

  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 »

Gst filing compliance?

GST Filing Compliance GST filing compliance refers to the adherence to the regulations and requirements set forth by the tax authorities for filing Goods and Services Tax (GST) returns. Here are the key aspects of GST filing compliance: Timely Filing: Businesses must file their GST returns within the prescribed due dates. The frequency of filing… Read More »

GST compliance in India?

  GST Compliance in India GST Compliance, In India, when we talk about GST compliance, it means abiding by the guidelines and regulations established by the Goods and Services Tax (GST) system, which has been implemented by the Government of India: Good and service Tax Registration: Businesses that meet the prescribed turnover threshold are required… Read More »

What are the ways to claim GST on new purchase of vehicles?

GST on new purchase of vehicles GST on new purchase of vehicles, The Good and Service Tax on the purchase of vehicles can be claim as input tax credit by registered businesses. Here are the ways to claim the GST on a new purchase of vehicles: 1.Ensure the supplier is register for GST: To claim… 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 »

GST regis. for multiple states: How is the GST registration done for multiple states?

GST registration for multiple states GST registration can obtain a taxable person under GST in each of the State or Union Territory, from where the taxable supply of goods or services made. For example, if a restaurant operates in the States of Maharashtra and Delhi, then separate GSTIN would have to be obtained for Maharashtra… Read More »

GST compliance for e commerce operator?

GST for Ecommerce Operator     Here are some key aspects of GST compliance for an e-commerce operator: GST Registration: An e-commerce operator is required to obtain GST registration, irrespective of its turnover. The registration process involves providing the necessary information and documents to obtain a GST registration number. Tax Collection at Source (TCS): As… Read More »