Hi, i am owner of a firm. We have export the test equipment outside India. Kindly suggest how we can export the equipment under GST regime.
Businesses in India can apply for the GST Composition Scheme online through the GST portal to limit tax liability and enhance liquidity.
Businesses in India can apply for the GST Composition Scheme online through the GST portal to limit tax liability and enhance liquidity.
Also, the GSTN first announced and then postponed the 7-day invoice generation limit rule. However, you can read: How 7-day e-invoice generation limit will Impact Your GST Compliance. Apart from that, the 50th GST Council Meeting is most likely to be held in June. You can click the ...
Tips to keep in mind to avoid GST Suspend Status Problem Ensure Timely Filing of GST Returns Adhere to Due Dates:Punctual filing of GST returns is crucial for maintaining compliance with tax regulations. Familiarise yourself with the applicable deadlines and avoid missing them to prevent penalties ...
On the other side, State GST is applicable in the case of Intra-state sales of goods and services. Several indirect taxes come under the SGST including entry tax, entertainment tax, VAT/sales tax and luxury tax etc. Whereas, the IGST is a combination of CGST and SGST and the Centre ...
Enable exemption limit, and input the TDS higher rate here Non-deduction or lower deduction applicable; enter the certificate number and TDS rate after enabling this option, From and to date and state the reason 5. Save the contact details. ...
Also, the GSTN first announced and then postponed the 7-day invoice generation limit rule. However, you can read: How 7-day e-invoice generation limit will Impact Your GST Compliance. Apart from that, the 50th GST Council Meeting is most likely to be held in June. You can click the ...
This system will only be applicable to those whose turnover threshold is above the determined limit i.e. the government will set a threshold limit for them. An official said that the businesses that will fall under a certain threshold will be given a unique number whenever an e-invoice will...
Below are the applicable penalties for some key offences: Businesses that fail to register and pay GST are liable to a penalty of 10 percent of their tax amount, subject to a minimum of INR 10,000 (US$144). If the businesses are found to be deliberately withholding GST payments, then a...