• Opening page of Bank statement held in the name of Business or Proprietor. Who decides the rates of GST? The CGST and SGST would be levied at rates to be jointly decided by the Centre and States. The rates would be notified of the recommendations of the GST Council. ...
Enter the taxpayer’s GSTIN or UIN and click the Search button. If the GSTIN is valid, you will see the taxpayer’s details, such as legal name, trade name, address, date of registration, status, and tax liability. If the GSTIN is invalid, you will see an error message saying No ...
This ensured that the AP will continue to offset additional GST expenses for the majority of Singaporean households for at least five years, with around ten years of offset for lower-income households, even with higher inflation. As announced in Budget 2022, the permanent GSTV scheme was ...
Cess, on the other hand, is an additional tax imposed to fund specific government initiatives. Depending on the objectives, Cess can be either temporary or permanent. Note: Businesses must understand this key component of GST to comply with fi efficiently. Who is Required to Register for GST?
Any additional documentation that the government may request for Process for claiming a GST refund Step 1:To start the GST return process, forward your GST refund application to the proper officer with all the above mentioned documents. It’s important to include a statement specifying the date...
Name of the State State Jurisdiction The fields you need to fill in, are as follows: Trade Name(this is where you can enter the name of your business, as discussed in our previous blog) Constitution of Business* Foreign Company Foreign Limited Liability Partnership ...
(a) supplies of goods and/or services effected through such operator during any period, or (b) stock of goods held by the suppliers making supplies through such operator in the godowns or warehouses, by whatever name called, managed by such operators and declared as additional places of ...
3B. Trade Name (if any) of the registered business 4. If the taxpayer is liable for any audit under this act? Note: For FY 2017-18, it will contain details for July 2017 to March 2018 period. Part 2: Reconciliation of turnover declared in the audited Annual Financial Statement with tu...
Additional, there are goods and services taxable at 0% or exempt from GST. Examples of 0% supplies include exports of goods and services, basic foodstuffs and international transportation. Examples of exempt supplies include financial transactions, supplies by charities, healthcare services and educatio...
Trade name, if any. A declaration on whether all tax returns under existing law are filed on time (before the appointed date). Amount of ITC carried forward according to the returns filed under the pre-GST regime. This includes CENVAT credits, credits due to statutory forms (C form, F ...