The procedure for closing an inactive GSTIN The procedure for closing an inactive GSTIN to Login the GST portal using your credentials and navigate to the “Services” tab. From the drop-down menu, select “Registration” and then choose “Application for Cancellation of Registration.” Enter the GSTIN of the inactive registration that requires cancellation, along with the… Read More »
Is GST Registration Mandatory for MSME? Introduction The Goods and Services Tax (GST) is a significant tax reform that has streamlined the taxation system in India. Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Indian economy, contributing significantly to employment and GDP. However, many MSME owners are often confused about whether GST… Read More »
GST in India Introduction Co-working spaces have become increasingly popular in India, providing freelancers, startups, and businesses with flexible office solutions. However, a common concern among members is whether they are legally liable for tax issues like Goods and Services Tax (GST). Understanding tax obligations is essential to ensure compliance and avoid legal complications. Understanding… Read More »