Under the GST regime, exports of both goods and services are not taxed. You may request a refund of input tax credits (ITC) for inputs/input services used in exporting goods or services, subject to satisfying the requirements. What is the GST exemption limit for export of services? GST tr...
In a federal structure, India's determination to much-needed fiscal reforms has been widely applauded at its face value when she relinquished her previous complex and inefficient tax regime to embrace the long-awaited Goods and Services Tax (GST). It has been a significant economic move post-in...
Businesses in India must register for GST (Goods and Services… Read More Taxation & Notifications GST Registration Online: Process, Eligibility, Limit, Fees, Documents Required & Penalties August 15, 20248 Mins Read GST Registration is mandatory for certain businesses in India. Read this article to...
Understanding how GST (Goods and Services Tax) is calculated involves applying the appropriate tax rate to the taxable value of goods or services. This determines the additional amount customers pay on top of the base price. Explore OurGST Calculatorfor Effortless Tax Calculations!
Goods and Services Tax (GST) in India, explained with benefits and components to get a better understanding and why it matters to you and your business.
GST Refund Time Limit What situations lead to refund claims? What are Steps to Submit a Refund Pre-Application Form Refund Process of IGST on Export of Goods (with tax payment) Steps to Apply in Form RFD-01 for Various GST Refund Claims ...
Intra-state supply of goods or services in India Integrated GST (IGST) Centre Inter-state supply of goods or services, Exports and Imports. Goods outside Gamut of GST Petroleum products and Alcohol for human consumption are proposed to be kept out of...
Government is planning to introduce a new Tax called ‘Goods & Service Tax (GST)’ from 01-Jul-2017. Goods and Service Tax (GST) is an indirect tax levied on supply of goods or services or both. SeeGST White Paper October 2019for details. ...
Businesses whose turnover does not exceed the prescribed threshold limit and those engaged exclusively in exempted goods or services are not required to register for GST. Can I get multiple GST registrations within a state? No, a taxpayer can have only one GST registration per state or union te...
Enterslice provides expert GST Advisory services to evaluate fiscal impact, manage GST compliance, and secure refunds for your business.