GST registration

Types Of GST Registration In India

Types Of GST Registration In India

When it comes to indirect taxation, taxes are important to the government since they are an automated process that occurs when people purchase and sell products and services across the country. As a result, they are simple to collect and beneficial for both taxpayers and tax collectors. In India, we have an indirect tax system … Read more

GST on Ice Cream sale in Parlors clarified

GST on Ice cream sale in parlors clarified

There was a long time confusion whether to pay GST at the rate of 5% or 18% on sale of ice cream in specified ice cream parlors.  Accordingly, CBIC has issued the clarification circular on GST on Ice cream sale in parlors. In this article, we will understand the latest updates regarding GST Taxation on … Read more

GST Department may target Unregistered Businesses

GST Department may target Unregistered Businesses

The Goods and Services Tax (GST) department will continue its campaign this week to raise awareness about GST laws among local businesspeople and check unregistered companies in the Dehradun region. In this article, we will read the latest news that the GST Department may target unregistered businesses for their awareness program. We will also understand … Read more

GST collections in Sept jumped to 1.17 lakh crore

GST collections in Sept jumped to 1.17 lakh crore

GST Collections in Sept surpassed 1.17 lakh crores. It is a 22.5 percent year-on-year increase, the fourth-highest collection since its inception on July 1, 2017, and the second-highest in the current fiscal year. The GST Collection in September indicates a successful transition of commercial activities following the second wave of the Covid-19 pandemic as well … Read more

A Proprietor can’t take 2 Gst Registration within same State on 2 different Business name

A proprietor can't take 2 Gst Registration within same State on 2 different Business name

As we all know, GST stands for Goods and Service Tax. This is a unified Indirect tax which is implemented from 1st July 2017 in India. Fundamentally, the Indirect tax is a tax levied on goods and services rather than income and profits. Furthermore, It is mandatory to have GST Registration when annual turnover exceeds … Read more

Daily Generation of E-way bills Rise in Early September

Daily Generation of E-way bills Rise in Early September

Daily E-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 20.97 lakh in the first five days of September. This is 7.5% higher than the daily average for the first Eight days of August. Thus, we can see the indications of continued momentum in Economic recovery. In … Read more

No GST on Papad, whatever Shape, Name or Form

No GST on Papad, whatever Shape, Name or Form

No GST on Papad – The CBIC(Central Board of Indirect Taxes and Customs) has made it clear. In the recent tweet, the CBIC declared that no GST is levied on Papad whatever its shape, name, or form is. Let us discuss this update in detail. What is GST? GST stands for Goods and Service Tax. … Read more

GST on Online Gaming Services

GST on Online Gaming Services

Gaming is no Exception in virtual reality that has become an important part of our life. The epidemic has also led to a transformation in children’s playgrounds. In India, both the income and consumption of the online gaming sector have grown exponentially. Online gaming is forecast to increase at a combined pace of 22 percent … Read more

No GST on World Economic Forum’s Liaison office

No GST on World Economic Forum's Liaison office

A piece of welcoming news for World Economic Forum offices in India. The news is No GST on World Economic Forum’s Liaison Office in India. As a result of this update, the India liaison office will not need to be registered locally. In this article, we will understand this new update by AAR, Maharashtra. What is … Read more

E-Way Bill not required for Transportation of ‘Used Personal Vehicle’

E-Way Bill not required for Transportation of 'Used Personal Vehicle'

There is the latest update for taxpayers i.e. E-Way Bill not required for Transportation of ‘Used Personal Vehicle’. The Kerala High Court recently ruled this. In this article, we will discuss the latest update of the E-Way Bill not required for Transportation of ‘Used Personal Vehicle’. What is the E-Way Bill? E-waybill refers to the … Read more