Leveraging Input Service Distributors (ISDs) to Streamline Your GST Operations
Introduction The Input Service Distributor Mechanism is one such process that evenly divides ITC for shared services among several responsible recipients who are all registered under the same PAN. This blog will discuss topics such as the ISD technique, registration, distribution process, applicability, non-applicability, etc. What does the GST definition of Input Service Distributor (ISD) […]
Nikita P
December 07, 2024 at 04:21 AM
Unraveling the Criteria for GST Compliance
Who is eligible to register for GST? To start the GST registration process, businesses must first determine if they are eligible to register under the most current indirect tax regime.To discharge taxes and get the benefits of the input tax credit, any individual or organization operating a commercial company must adhere to the New GST […]
Priyanka
December 06, 2024 at 08:10 PM
Impact of GST on Food Delivery Startups: Swiggy, Zomato, and More
In recent years, food delivery startups like Swiggy and Zomato have revolutionized the way Indians order food. With the convenience of online platforms, consumers can enjoy their favorite meals delivered right to their doorstep. However, the implementation of the Goods and Services Tax (GST) has introduced new dynamics into this thriving industry. Understanding the impact […]
#GST#GST Registration#GST Registration Fees
Shabana A
November 22, 2024 at 11:34 AM
GST Services Rate
GST (Goods and Services Tax) was introduced, in India in the year 2017. It was brought to replace 17 indirect taxes which were prevalent in India at that time, some of them are VAT, Services Tax and Excise Duty. GST was introduced in furtherance to the idea of “One Nation, One Tax”. GST rates are […]
Satyam
June 24, 2024 at 05:11 AM
Late Fees for GST Returns Filing
Late fees, as per GST regulations, refer to the amount paid for the delayed submission of GST returns. In instances where a company who have GST Registration neglects to submit GST returns within the stipulated deadlines, a designated late fee is levied for each day of the delay. It’s important to note that this late […]
#gst returns filing#late fees for gst returns filing
Arya Panda
December 08, 2023 at 07:12 AM
Is It Mandatory to Get GST Registration for OPC?
The Goods and Services Tax (GST) regime has transformed the taxation landscape in India. This article aims to clarify whether GST registration is mandatory for One Person Companies (OPCs) operating in the country. It explores the provisions of the GST law and provides an in-depth analysis of the criteria that determine the applicability of GST […]
#gst registration for opc
Koustavjit Bag
December 04, 2023 at 05:54 AM