GST Compliance GST Compliance, Under the Goods and Services Tax (GST) regime in India, different categories of taxpayers are required to File returns to fulfill their GST Compliance. Here are the types of taxpayers and their corresponding return filing requirements: Regular taxpayers: Registered individuals or businesses who are liable to pay GST on their… Read More »
GST SMS System GST SMS system, To add a new user to the GST Short Message Service system, you can follow these steps: Visit the official GST portal at www.gst.gov in and log in using your credentials. Click on the ‘Services’ tab and select ‘User Services’ from the options. Within the ‘User Services’ section, choose… Read More »
Dual GST system The Dual GST (Goods and Services Tax) is a taxation system introduced in India on July 1, 2017, to replace the previous system of indirect taxes. It allows both the central and state governments to impose and collect taxes on the supply of goods and services. The term “dual” refers to the… Read More »
Is one GST registration possible for different businesses Yes, the GST Act permits businesses to operate multiple businesses, business verticals, and business branches using the same GSTIN. This concept is known as Vertical Business in GST. Under this concept, you have the flexibility to register your various businesses and business branches under a single GST… Read More »
Types of GST In India, there are primarily four types of Goods and Services Tax (GST): State Goods and Services Tax (SGST): Levied by state governments on the supply of goods and services within the state. Central Goods and Services Tax (CGST): Levied by the central government on the supply of goods and services within… 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 »
Can a minor get GST registration Yes, a minor can get GST registration if they have engaged in a business or profession. However, the registration must obtain in the name of the proprietor, who will responsible for all legal compliances and liabilities related to the business. For GST Registration https://www.gst.gov.in/ It is important to note… Read More »
