Export of Goods and Services under GST: Export With Ease Learn how Indian businesses are exempt of goods and services tax (GST) for exports of goods and exports of services outside India. Finance · 6 Feb 2025 · 1 min read Business Tips Follow Business Tips (A new modal window will ...
Related Read:GST Registration Limits: Threshold limit for GST Registration for 2025 Who Should Obtain Registration Under GST? Casual taxable person / Input Service Distributor (ISD) Businesses with turnover above the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may ...
Utilisation of input taxes for the payment of GST due on supply of goods and/or services or both; Pass on the credit of the taxes paid on the goods and/or services supplied to purchasers or recipients. Know More about GST Registration ...
Businesses in India can apply for the GST Composition Scheme online through the GST portal to limit tax liability and enhance liquidity.
4. Do I need GST for the trademark? No, theGoods and Services Tax(GST) is not directly related to trademark registration. GST is a separate taxation system, while trademark registration is about protecting your brand identity. However, you may need to ensure compliance with GST laws if your...
The Indian Telecom tower assembly has asked the telecom department along with the finance ministry to include the towers inside the items liable to claim the input tax credit beneath the GST act. T.R.Dua, Director-General, Tower and Infrastructure Provid
No person shall be eligible to attend before any authority as a goods and services tax practitioner in connection with any proceedings under the Act on behalf of any registered or unregistered person unless he has been enrolled under rule 83. Eligibility Criteria for enrollment as a GST Practition...
The GSTR-3B is a consolidated summary return of the inward and outward supplies introduced by the Government of India. The form was presented to relax the requirements for businesses that turned their operations to GST.
The GSTR-6 stands forGoods and Service TaxReturn 6. It is a document/ statement that requires to be filed by organizations every month. Moreover, these organizations are also Input Service Distributors and need to furnish invoices details of form GSTR-6 on theGST Portal. ...
Here comes the relief for small tax payers, Composition Scheme under GST to pay GST at a lower, fixed composition tax rate on their turnover