5 Common Mistakes Startups Make During GST Registration Starting a new business? That’s exciting! But before you start your brand or sell your product, there’s one important thing you shouldn’t ignore: getting your legal and tax work sorted. One of the first things every startup in India needs is GST registration. It’s not just a …
Big Relief to Taxpayers- welcome change for GST taxpayers The recent update by the Goods and Services Tax Network (GSTN) on increasing the document size limits for certain attachments is indeed a welcome change for taxpayers. This enhancement will enable clearer and more detailed attachments during GST registration, reducing errors and improving overall efficiency. Here …
When is the cancellation revocation applicable? Procedure for Implement Revocation for GST cancellation This applies only if, on its own motion, the tax officer has cancelled the registration of a taxable person. Such taxable person may apply to the cancellation officer within 30 days from the date of the cancellation order. Note: Application for revocation …
Deemed approval of Goods and Services Tax registration amendment Deemed Goods and Services Tax Registration. Goods and Services Tax Registration application will get Goods and Services Tax deemed approved after Thirty calendar days, if Goods and Services Tax Official doesn’t take any action. If Goods and Services Tax Official raises Show Cause Notice within Thirty calendar …
Why do I need a GST Registered ? GST registration not only allows you to identify your company as a legal registrant, but it also opens up a range of opportunities for your business. Benefits to GST Registered Business at a glance are as follows:- Apply Government Tenders: Different Govt tenders require the GST registration …
GST Registration may not be cancelled by merely describing it as “Bogus”. The word “bogus” has not been used by the law: High Court GST Registration could be cancelled only if one of the 5 statutory conditions of Section 29(2) is fulfilled. Complete Section 29(2) of GST Act (2) The proper officer may cancel the registration …
Amendment of Core Field under GST Registration Amendment of Core Field GST dept issues a GST Registration Certificate under Business name at the time of GST registration based on the information we provide. But any of the earlier-provided information could need to be changed. For existing GST taxpayers, GST registration is the first & most …
GST Registration for Branches in the Different States A taxable person under GST must get GST registration in each state or union territory where the taxable supply of goods or services is made. If a restaurant operates in both Maharashtra and Delhi, for example, Different GSTIN must be issued for Maharashtra & Delhi. Yes, you …
GST Registration under GST? GST Registration Cancellation & Revocation under GST-How & Why Its Need? The GST Dept has made big changes to its operational activities and innovative ways of reviewing corporation. To make you realise all these modifications, we are here with the GSTR 3B Factual information series, which discusses these all improvements. In …
Corporate and Professional Updates on 23rd January 2019 Direct Tax Updates: The Department of Income Tax made a list of Individuals who made Out High-value transactions in the financial year 2017-18 but did not file income tax returns. The Department is analyzing the list carried out to identify non-filers about whom specific information was available …