What is GST

Impact of gst on agriculture sector in India

Impact of gst on agriculture sector in India

The development of the Indian economy depends heavily on the agriculture industry. India is one of the world’s top producers and exporters of agricultural goods such as rice, wheat, sugarcane, and spices. In rural India, one of the main industries for employment is the agriculture industry. Therefore, taxation of the agriculture sector plays a major … Read more

What are the benefits of gst registration under law

What are the benefits of gst registration under law

GST is known as one of the most beneficial revolutions for the Indian economy as per the Indian Government. It has subsumed multiple indirect taxes such as excise, VAT, and service tax. This  article discusses the benefits of GST Registration under law. What is GST? GST stands for Goods and Services Tax. It is imposed … Read more

How to get GST Registration if I am starting a new online business

How to get GST Registration if I am starting a new online business

Online Businesses in India have a huge scope. Especially after the pandemic, Indian Market is booming for online businesses. If you want to start online business or shift to online mode of your existing business, you must know about GST and GST Registration. Let’s understand the important concepts of GST for an online business. What … Read more

How to apply GST registration for medical shop in India

How to apply GST registration for medical shop in India

It is mandatory for a medical store to register for GST if its annual turnover is above a certain threshold. It’s Rs. 20 lakhs for all save the North-Easter Hilly states, which have a ceiling of Rs. 10 lakhs set by the GST Council. You will be learning how to apply for a GST Registration … Read more

Is GST Registration required for Startups?

Is GST registration required for startups

GST Registration is an indirect taxation system in India. It is completely online and thus offers several advantages for startups. Many entrepreneurs also opt voluntarily for GST Registration in India for several reasons. In this article, you will learn Is GST Registration required for startups? What is a Startup? In simple words, Startups are companies … Read more

GST Registration for Bakery

GST Registration for Bakery

The GST Registration for Bakery is an important concept. In fact, every business should know about GST. The GST Registration and GST Return Filing offer several advantages. Thus, if you are planning to start a bakery business or already have a bakery business, read this article to know about important concepts for your bakery business. … Read more

GST Burden shifts to Food & Cab, e-commerce operators

GST Burden shifts to Food & Cab, e-commerce operators

A piece of important information for all the Indian taxpayers and businesses. The GST Council had identified that the exchequer suffered a hefty loss. Because of underreporting or no reporting from food and cab aggregators.  Therefore, the government has launched new measures to curb tax evasions. These new measures were notified earlier and are coming … Read more

Hike in GST on Footwear & Garments

Hike in GST on Footwear & Garments

An important update for taxpayers and businesses in India. As per the recommendations of the GST Council, the CBIC is implementing a hike in GST on Footwear & Garments from 1st Jan 2022. The Hike in GST on Footwear & Garments will be effective from day 1 of the new year and thus it will … Read more

GST Registration for Zero Rated supplies

GST registration for zero rated supplies

GST is an indirect taxation system in India. It applies to many exporters and importers. To increase the exports of India and boost the Indian economy, the government provides GST Registration for zero rated supplies. Many people confuse zero rated supplies with Non-Taxable Supplies or exempt supplies. Therefore, In this article, you will get a … Read more

Prohibitive addresses for GST Registration

Prohibitive addresses for GST Registration

GST Registration also has a significant basis for the location. It is a destination-based tax and the goods/services are taxed at the place of consumption. However, while taking GST Registration, applicants need to provide address proof of the place of supply. These address proofs need to be valid and must not be from the prohibitive … Read more