July 1st is particularly special as it marks the 7th anniversary of the Goods and Services Tax (GST) in India. The GST Act, passed in Parliament on March 29, 2017, came into effect on July 1, 2017. The journey of the GST regime has been revolutionary, featuring significant changes like...
GST Certificate Download – How to Download GST Registration Certificate Online? January 7, 202510 Mins Read Businesses in India must register for GST (Goods and Services… Read More Taxation & Notifications GST Registration Online: Process, Eligibility, Limit, Fees, Documents Required & Penalties ...
If your aggregate turnover in a financial year meets the government-set threshold limit, you must undergo the registration process. This turnover includes: Taxable supplies Exempt supplies Exports Inter-state supplies For services, this includes inward supplies under the reverse charge mechanism If ...
The eligibility limit for Goods and Services Tax (GST) registration to annual turnover has been doubled to Rs 40 lakh due to which 60% of registered dealers have been excluded. But this will not affect the revenue much to the government. In March 2018, from 87 lakh registered dealers ...
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...
Compulsory Registration The requirement for GST Registration in Singapore is mandated by the turnover threshold set by the authorities. Here, turnover means annual taxable turnover earned through taxable supplies of goods and services by an entity. The threshold limit in Singapore is set at $1 mil...
July 1st is particularly special as it marks the 7th anniversary of the Goods and Services Tax (GST) in India. The GST Act, passed in Parliament on March 29, 2017, came into effect on July 1, 2017. The journey of the GST regime has been revolutionary, featuring significant changes like...
Learn about GST registration online: limits, step-by-step process, amendments and cancellations, and answers to frequently asked questions. Read on!
a supplier of goods with an annual turnover exceeding Rs 40 lakh. Turnover limit for GST registration of a small business as a supplier of goods is Rs 20 lakh in the States of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim, Telangana, Tripura, and Uttarakhand....
Turnover Limit under GST GST applies when the turnover of any business exceeds Rs. 20 lakhs per year. Traders supplying goods to other states need to apply forGST registrationeven if their sale is less than Rs. 20 lakhs. There is also a composition scheme for a selected group of taxpayers...