GST Registartion

GST Rates Hike On Solar Equip & Projects

GST Rates Hike On Solar Equip & Projects

Since GST (Goods and Service Tax) began, the government was charging a 5% tax on solar equipment. But now, the solar projects have been moved to the GST slab of 12%. GST rates hike on solar equip from 5% to 12% will have a significant impact on the solar business Furthermore, Due to these significant … Read more

GST on Packed Paratha, says Gujarat AAR

GST on Packed Paratha, says Gujarat AAR

The debate over the rate of goods and services tax (GST) on food products is far from done. The Ready-Made parathas, which require to be heated prior to consumption, can not be similar to chapati, roti, or Khakra and would attract GST at the rate of 18%, the GAAR (Advance Ruling Authority of Gujarat) has … Read more

Food Delivery Apps Liable to Pay GST on Restaurant Services

Food Delivery Apps Liable to Pay GST on Restaurant Services

The GST Council endorsed a proposal on Friday that platforms for public food supplies such as Swiggy and Zomato should collect 5% GST after getting GST Registration. The pandemic gave a boon for food supply platforms after the first lock-down and delivery of restaurants with aggregate orders such as Swiggy and Zomato up 120% of … Read more

How to Generate An E-way Bill?

How to Generate An E-way Bill

An E-way bill refers to a document or receipt produced by a carrier having GST Registration that provides details and instructions on the delivery of the products, and the details are names of the delivery agent, destination and route, the point of origin of the delivery. In this article, we’ll learn how to Generate An … Read more

No GST on BPO & Call Center Services

No GST on BPO & Call Center Services

A huge relief for the nation’s $180 billion industry of BPO (Business Process Outsourcing) and IT Companies. The GST Council on Friday released a clarification that will open up hundreds of crores in tax refunds for IT, financial services, and research and development sector firms, and eliminate the four-year-old problem that has led to large-scale … Read more

GST Audit To Be Discontinued With The Effect Of 1st August 2021

GST Audit To Be Discontinued With The Effect Of 1st August 2021

GST audit to be discontinued and won’t be held by the Central Council for Indirect Taxation and Customs (CBIC) w.e.f. 1st August 2021. Throughout the execution of the authorities given in Article (b) of sub-section (2) of Section 1 of the Finance Act, 2021 (13 of 2021), the Central Government hereby determines the date on … Read more

GST Annual Return Filing- How to File GSTR- 9, Types & Eligibility

GSTR 9 Return Filing

The GSTR 9 is documentation submitted once per year by a taxpayer having GST Registration. This record will include all resources in the form and received underneath the several headings of tax (CGST, SGST, and IGST) throughout the whole year, including sales and audit information. In this article, we’ll learn about GSTR 9 Return Filing. … Read more

No GST on hostel fees if less than Rs 1k per day

No GST on hostel fees if less than Rs 1k per day

The ruling states that each learner’s hostel payment below Rs thousand each day would be subject to a ‘zero’ rate underneath Entry Number fourteen. The article gives information about No GST on hostel fees and the significance of. In this article, you’ll learn about No GST on hostel fees if less than Rs 1k per … Read more

GST Registration for Amazon Sellers

GST Registration for Amazon Sellers

GST Registration for Amazon Sellers is mandatory in India. As we all know, Amazon is an online selling platform. It provides a common platform for both sellers and buyers. It helps sellers deliver products and services worldwide. Similarly, using Amazon buyers can buy products anywhere in the world. In fact, it is one of the … Read more

Small Businesses requesting to extend the time for GST Compliance due to lockdown

Small Businesses requesting to extend the time for GST Compliance due to lockdown

Due to the Covid-19 pandemic, the compliance relaxations offered by the central government under the Goods and Services Tax (GST) regime are inadequate, according to a survey of small and medium businesses affected by the lockdown and mobility limitations in maximum States. In this article, we will discuss Small Businesses requesting to extend the time … Read more