06 Mar, 2023
To cancel GST registration in India, the registered person needs to follow the below steps: After the cancellation of GST registration, the registered person needs to file the final GST return within 20 days from the date of cancellation. Also, the registered person needs to pay any outstanding tax liability, if any, before the cancellation […]
Read More06 Mar, 2023
For GST registration, the following documents can be submitted as proof of address: It is important to note that the document submitted as proof of address should be in the name of the applicant and should be recent (i.e. not older than 2 months). Additionally, the document should clearly mention the complete address, including the […]
Read More06 Mar, 2023
Yes, it is possible to change the office address in GST after registration. The process for changing the office address in GST involves filing an application for an amendment of registration. To change the office address in GST, the registered person is required to log in to the GST portal and select the “Services” tab. […]
Read More06 Mar, 2023
Yes, freelancers are also required to pay Goods and Services Tax (GST) in India if their annual income exceeds the threshold limit of Rs. 20 lakhs (Rs. 10 lakhs for special category states). According to the GST law, any person who supplies goods or services with an annual turnover exceeding Rs. 20 lakhs (Rs. 10 […]
Read More27 Feb, 2023
Introduction The Goods and Services Tax (GST) is a complex tax regime that requires a robust dispute resolution mechanism to address disputes between taxpayers and tax authorities. The GST Appellate Tribunal (GSTAT) is an important institution that provides an independent forum for resolving disputes related to GST. In this article, we will take a closer […]
Read More27 Feb, 2023
Introduction The Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. GST registration is mandatory for businesses with an annual turnover above a certain threshold. However, there have been instances of fraudulent GST registrations, which have been used to carry out scams and evade […]
Read More27 Feb, 2023
Introduction The Goods and Services Tax (GST) Council is a governing body in India that oversees the implementation and administration of the GST, which is a value-added tax levied on the supply of goods and services. The Council recently held a meeting to discuss various issues related to the GST and made several key decisions […]
Read More26 Feb, 2023
We have analyzed the impact of GST on the online gaming industry in India, and we have found that there are significant challenges that operators face as they navigate the complex tax landscape. In this article, we will explore the various issues that online gaming operators face due to GST, and we will offer some […]
Read More25 Feb, 2023
The composition scheme under GST is designed for small businesses with an annual turnover of up to Rs. 1.5 crores. It is a simpler way of paying taxes, as businesses are required to pay a fixed percentage of their turnover instead of calculating and paying tax on each transaction. The composition scheme is beneficial for […]
Read More25 Feb, 2023
Introduction As a business owner, it’s essential to know how to register for Goods and Services Tax (GST). GST is a tax levied on the supply of goods and services, and it is crucial to comply with the regulations to avoid legal issues. In this guide, we will walk you through the process of registering […]
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