The full form of GST isGoods and Services Tax. It is an indirect tax levied on the supply of goods and services across India. This comprehensive tax system is designed as a multi-stage, destination-oriented tax applied at each point of value addition in the supply chain. By replacing multi...
taxgovtindia Website Status History The above graph displays service status activity for Gst.gov.in over the last 10 automatic checks. The blue bar displays the response time, which is better when smaller. If no bar is displayed for a specific time it means that the service was down and ...
The tax system and administration are different for every country. It's not unusual for a country to impose Goods and Service Tax (GST) on businesses for the government to control, regulate, and generate revenue. In India, the tax system is unique and different compared to other countries. ...
GST is a newly passed bill which calls for a common tax over the nation and just one single type of tax filtering ll the extra and indirect taxes. It will replace VAT, service tax and excise in every business that will have to mandatorily register under it. The cost of tax on all...
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GST and EOU in India The prime importance of Export Oriented Units is duty free movement of goods. However, once after introduction of GST in India, how does GST work under import of goods to Export Oriented Units? Re warehousing procedures under STP and EOU units. ...
GST compliance typically necessitates the supplier to keep thorough accounting and records, as well as complete three GST filings every month. Many SMEs in India, on the other hand, would find GST compliance difficult and would demand a simpler approach. Businesses that have a turnover that is...
How to Apply for GSTIN? Getting a Goods and Services Tax Identification Number (GSTIN) involves a straightforward process. Here’s a step-by-step guide onhow to get a GSTIN numberonline in India: 1. Login to the GST Portal Log in to the GST portal of India (services.gst.gov.in)....
Non-GST supplies - This refers to supply of items which are outside the purview of the GST law. Note: The following transactions must neither be considered as a supply of goods nor services: Supply of goods from one non-taxable territory to another without entering India. Supply of warehouse...
GST registration and returns filing procedures for PSUs and Government entities Re-registration of GST, Goods and Service Tax. Cancellation of registration of GST All about registration of GST in India, FAQ Cancellation of GST Registration in India, FAQ ...