GSTIN, short for Goods & Services Tax Identification Number is a 15-digit, unique identification number allotted to each taxpayer (GST registered business, firm, dealer, supplier, business entity) once they have registered under the GST regime in India. Every business operating in a state or Un...
In order to register under GST , one needs to ensure that the requisite form, i.e. GST REG-01 is filled with the correct information, and the business owner has the correct documents by his side, in order to complete the GST new registration procedure in time. In this blog, we have ...
When exporting goods overseas, you’ll need to declare the goods to be exported to the Singapore Customs. Note that the Goods and Services Tax (GST) and duty fees are not imposed on these goods. Export Trade Procedure Steps The following export trade procedure steps are as listed and to be...
Goods and Services Tax (GST):GST is a consumption tax levied on most goods and services supplied in Singapore, unless the sale can be zero-rated or exempted under the GST law. Businesses with an annual turnover exceeding S$1 million are required to register for GST. The current GST rate ...
Bank guarantees and letters of credit are both used to reduce risk factors between borrowers and lenders in trade, find out which one is for you.
How to Change Mobile Number in GST Registration? GST registration has indeed become a solution for all hindrances related to smooth business growth. Although every business having aggregate turnover beyond INR 40 Lakhs needs to get registered under GST, there are numerous benefits of voluntary GST ...
You can change the entity type you select if you need to do so in future - but it’s still worth investing some time to consider which structure will work best for your needs before you start the registration process. 2. Choose and reserve company name ...
Under the Business Details section, enter your trade name, business constitution and district Submit details of goods and services in the next tab along with the HSN codes or SAC (for up to a maximum of 5 goods and 5 services) Once you have submitted all the requested information and docume...
Trade name and legal name of the taxpayer, along with GSTIN Type of Business Constitution Address of the Principal Place of Business and Starting Date of Liability Validity Period. Typically, the "From date" field contains a date. Regular taxpayers, however, would not have a date listed for...
, a VAT ID (in Europe), or a GST/HST number (in Canada)—you'll want to include that here as well. 3. Enter your client's information Enter your client's name and contact information here. Include as much contact information as you have, and don't be afraid to ask your client ...