GST
GST Registration Cancellation
Cancellation of GST means when a taxpayer is no more eligible for paying GST charges. Apart from eligibility, there are many other reasons for cancelling GST registration. 1. A person’s business has been discounted or give one’s business to another person because of personal or professional reason. 2. There is any change in the constitution of …
GST Return Filing
In simple words, ‘return’ means a statement of information to be submitted by the tax payer to the tax authorities, at regular intervals, i.e. before the due date of each return. Similarly, GST return contains all the GST related information of the tax payer, like total purchases, sales, tax liability payable, tax liability adjusted with …
GST Invoicing
Under the GST regime, an “invoice” or “tax invoice” means the tax invoice referred to in section 31 of the CGST Act, 2017. This section mandates issuance of invoice or a bill of supply for every supply of goods or services. It is not necessary that only a person supplying goods or services need to …
GST Registration
Goods and Services Tax is a consolidated indirect tax policy that encompasses VAT, CST, Service Tax, Central Excise duty, Entertainment Tax, etc and is valid all over India with effect from 1st July 2017. Under the new GST regime, all entities involved in buying or selling goods or providing services or both are required to …