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Goods and Service Tax Articles

Why GST Registration is Mandatory for Small Sized Business?

Why GST Registration is Mandatory for Small Sized Business?

Goods and Services tax was introduced to bring small businessmen under the circle of tax payment. Under GST regime taxpayer has to register for GST if Business has turnover Rs. 20 Lakh and above. Main agenda was to bring people under the tax law.

By Registrationwala

GST Registration Process in Delhi

GST Registration Process in Delhi

Good and service tax was rolled in India on 1st July 2017. This regime has brought a complete revolution in the current taxation system. Every person whose annual turnover exceeds Rs 10 lakhs in north eastern states and hill station while Rs 20 la ....

By Registrationwala

Self- Generated Tax Invoice

Self- Generated Tax Invoice

Under the GST regime, every recipient who undertakes any kind of transaction with the unregistered supplier is required to pay taxes under the reverse charge mechanism. Further, clause f of sub-section 3 of Section 31 of CGST Act prescribes that a ....

By Registrationwala

GST Unique Identification Number (UIN)

GST Unique Identification Number (UIN)

GSTIN is a unique number provided to casual and regular taxpayers or non resident taxpayers. There are different forms GST Return Filing under GST for different people paying Taxes. GST Unique ID is allotted by GST authority while GSTIN is the GST .... .... ....

By Registrationwala

How to Calculate Aggregate Turnover for GST Registration

How to Calculate Aggregate Turnover for GST Registration

As per the GST regime every person whose annual turnover exceeds Rs 10 Lakhs in Arunachal Pradesh, Assam, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand while Rs 20 lakhs in other plac ....

By Registrationwala

Zero Rated Supplies GST India

Zero Rated Supplies GST India

Goods and service tax has certain rules which are different Export supplies of a taxpayer that are classified as zero rated supply. Taxpayers are required to furnish details of all zero rated supply in GSTR 3B return and GSTR 1 return. Zero rated ....

By Registrationwala

 

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