Also, we are happy to share that if your business has crossed the e-invoicing threshold, you can start generating IRN via IRIS IRP, a GSTN Authorized Invoice Registration Portal. Now, let us look at the GST Compliance Calendar for December 2022; here is a comprehensive image of our GST ...
As an Australian business, one of the things you will need to decide on is whether or not to register for the goods and services tax before you reach the income threshold. Naturally, anything having to do with taxes is likely a big decision. Deciding to register for the GST is no differ...
The Singapore GST Voucher 2025 aims to support lower-income Singaporeans by raising the annual value threshold, making more households eligible for financial assistance through various components such as GSTV Cash, U-Save, MediSave, and S&CC rebates. Eligible Singaporeans can expect cash pa...
GST registration is mandatory for businesses whose annual turnover exceeds a certain threshold limit. It allows businesses to collect and remit GST to the government. Know more: What is the annual turnover threshold limit for GST registration? Q. Who is eligible for GST registration? Any busine...
GST registrationis mandatory for businesses that meet the prescribed turnover threshold, regardless of whether they accept UPI payments. 6. What is the turnover threshold for mandatory GST registration in India for UPI merchants? As per current GST regulations, businesses with an annual turnover exc...
TCS threshold for remittances under LRS scheme increases from ₹7 lakh to ₹10 lakh. Published on:01-Apr-2025 TCS Update TDS exemption limit for senior citizens on interest income raised to ₹1 lakh! Published on:01-Apr-2025 TDS Update ...
The deemed value provided under the said rule is 1% p.a. of the amount of guarantee offered, where no consideration is charged, or the actual consideration is lower than the aforesaid threshold. However, the said deemed value is applicable only where the following conditions are met: ...
Registration was required if the applicant was carrying on an enterprise and it met the GST turnover threshold. It was common ground that the applicant, as the trustee of a superannuation fund, is taken to have carried on an enterprise. The value of the sales exceeded the GST turnover ...
Providing latest updates on Direct and Indirect Tax laws including income tax and GST with Corporate Laws which are being used by the professionals and business entities in day to day activity.
aren't GST-registered. While this type of GST Portal Registration isn't a mandate, it paves the way for enhanced growth prospects and the potential for increased profitability. So, the GST registration online apply process is optional for those not meeting the mandatory registration threshold. ...