The state code in the GST registration number comprises the first two digits, based on the 2011 Indian Census data. These state codes represent India's various states and union territories, helping to identify the geographic location of the GST-registered entity. 01 – Jammu & Kashmir 02 – ...
Union territories: Jammu and Kashmir, Ladakh, Chandigarh and Delhi.. GST Compliance Calendar – June 2024 As we start the month of June 2024, it’s essential for businesses in India to stay compliant with the Goods and Services Tax (GST) regulations. Our GST compliance calendar outlines ...
The E-Way bill is an electronic document for tracking goods movement in India, generated on the E-Way bill portal. Learn about its rules & online generation steps, including state-specific regulations and exemptions for GST compliance.
New advisory introduces enhancements in biometric functionality, allowing directors to opt for biometric authentication in their home state. Financial Year End Checklist: As the financial year ends, businesses in India must ensure compliance with the latest GST regulations and updates. A thorough year-...
GST is managed by the Goods and Services Tax Council and is governed by the Goods and Services Tax Act, of 2017. GST is levied on all types of goods and services except petroleum products, and electricity, on which the taxes are levied by the state governments. It is divided into two ...
GSTR-3B Quarterly 22nd or 24th of the month following the quarter QRMP taxpayers based on state category CMP-08 Quarterly 18th of the month following the quarter Composition taxpayers filing self-assessed tax Consequences of Missing Deadlines Late Fee: ₹50 per day (₹20 for NIL returns) ...
exempt supplies, exports, and inter-state supplies calculated on a PAN-India basis. Businesses that need to register canGST apply onlinethrough the official portal for a quick and convenient process. To clarify the GST registration thresholds based on sectors and states, here is an overview of ...
Before GST, under the VAT regime, the price of a smartphone wasn't fixed as it diversified from state to state. GST provides you the same taxation rate over the states in India with a market value of 12% and the related HSN code is 8517. 3. What is the rate of GST on mobile ...
Introduced as the constitutional( one hundred and first amendment) the bill is well accepted by every state of India. Under the tax, Goods & services have tax rates of 0%, 5%, 12% and 18%. Goods and services tax was implemented in Read More 01 Jan 1970Posted By: ...
Introduced as the constitutional( one hundred and first amendment) the bill is well accepted by every state of India. Under the tax, Goods & services have tax rates of 0%, 5%, 12% and 18%. Goods and services tax was implemented in Read More 01 Jan 1970Posted By: E-StartupIndia ...