What is GST

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

How to add Additional place of Business in GST Registration

How to add Additional place of Business in GST Registration

With the business expansion, you may open new offices or manufacturing plants. Furthermore, you might also need to explore other marketplaces. However, to do so or for other purposes, you might need to add an additional place of business in all legal registrations. GST Registration is one of the popular and major indirect tax systems … Read more

GST Registration for Hindu Undivided Family

GST Registration for Hindu Undivided Family

GST Registration for Hindu Undivided Family is beneficial in multiple ways. Many companies under HUF Registration do eCommerce business. Therefore, they also mandatorily require GST Registration. Furthermore, Hindu Undivided Family companies can claim input tax credit after getting GST Registration. In this article, we will understand GST Registration for Hindu Undivided Family in detail. What … Read more

India soon Get higher and fewer GST Rates

India soon get higher and fewer GST rates

The GST(Goods and Service Tax)  implemented on 1st July 2017 might undergo major changes soon. The Government of India may implement some significant changes to curb tax evasion, reduce complexity in taxation & improvise the overall GST Structure. The news about India soon getting higher and fewer GST Rates is a very important one and … 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