How to File a Nil Return and Avoid GST Penalties

How to File a Nil Return and Avoid GST Penalties

Understanding the importance of a nil return under the Goods and Services Tax (GST) regime is crucial for businesses of all sizes in India. A nil return must be filed even when there is no business activity or taxable supplies during a given tax period. Failure to comply with GST filing regulations can result in […]

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Shivender

January 22, 2025 at 12:17 PM

A Complete Guide to the New GST State Code for Businesses

A Complete Guide to the New GST State Code for Businesses

The New GST State Code plays a crucial role in India’s Goods and Services Tax (GST) system, which has streamlined indirect taxation across the country. Knowing your state code for GST is essential for proper tax compliance, whether you’re a business owner, taxpayer, or entrepreneur. This guide will break down all the details about the […]

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Shivender

January 22, 2025 at 11:58 AM

How to Download Your GST Registration Certificate Online

How to Download Your GST Registration Certificate Online

If you’ve recently registered your business under GST or are planning to, you will receive a crucial document known as the GST Registration Certificate. This certificate is not just a formality; it’s your business’s official identity in the eyes of the tax authorities. Whether you run a small shop, offer freelance services, or manage a […]

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Preeti Gupta

January 20, 2025 at 12:30 PM

Everything You Need to Know About the GST Composition Scheme

Everything You Need to Know About the GST Composition Scheme

The Goods and Services Tax (GST) is a comprehensive system of indirect taxation in India designed to streamline the country’s tax structure. Among its various provisions, the GST Composition Scheme stands out as a simplified tax-paying mechanism primarily aimed at small businesses. This scheme allows eligible taxpayers to pay tax at a fixed rate based […]

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Shivender

January 18, 2025 at 12:59 PM

Understanding GST Exemptions: Simplified Guide for Businesses

Understanding GST Exemptions: Simplified Guide for Businesses

The Goods and Services Tax (GST) is an essential component of India’s taxation system, simplifying indirect taxation by subsuming a multitude of levies into one structure. However, not all supplies or businesses fall under the GST net. In certain cases, entities or goods qualify for a GST exemption, giving relief to small businesses, specific products, […]

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Shivender

January 18, 2025 at 11:12 AM

ONLINE GST REGISTRATION FOR SERVICE TAX HOLDER

ONLINE GST REGISTRATION FOR SERVICE TAX HOLDER

Online GST Registration for Service Tax Holders: A Step-by-Step Guide The introduction of the Goods and Services Tax in India in 2017 marked a monumental shift in the country’s indirect taxation system. It brought about a unified tax structure that replaced a host of previous taxes, including Service Tax, VAT, Excise Duty, and others. This […]

#Goods and services tax#GST#GST Registration

Shabana A

January 08, 2025 at 02:36 PM

Understanding GST Registration: A Simplified Guide for Businesses

Understanding GST Registration: A Simplified Guide for Businesses

GST, or Goods and services Tax, is an indirect tax regime being rolled out as a substitute of several indirect taxes in India, which is so structured as to ensure easy computation of these indirect taxes in India. Since the introduction of Goods and Service Tax in 2017, it has been the wish of both […]

#GST Registration Process#Understanding GST Registration

Sarat

December 15, 2024 at 02:37 PM

Impact of GST on Food Delivery Startups: Swiggy, Zomato, and More

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

Late Fees for GST Returns Filing

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 […]

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Arya Panda

December 08, 2023 at 07:12 AM

Is It Mandatory to get GST Registration for OPC?

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 […]

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Koustavjit Bag

December 04, 2023 at 05:54 AM