Posts Tagged: REQUIREMENTS FOR GST REGISTRATION

EXEMPTION FROM GST REGISTRATION TO SMALL INTER-STATE SERVICE PROVIDERS

The Central Government has in line with the Decision of the GT Council in its Meeting on 06-10-2017, has granted Exemption to Small Service Providers making INTER STATE supply...

HOW TO APPLY FOR NEW GST REGISTRATION

We are noting below the Procedure (Para I), Requirements (Para II) and Applicability (Para III) for new Registration under the Goods and Services Tax (GST) Act. These provisions are...

HOW TO PREPARE YOUR BUSINESS FOR GOODS & SERVICE TAX (GST)

GST is one of the most radical Tax reform in the Indian Taxation System after independence, with a concept of ‘1 Nation and 1 Tax Policy’ for the first...

TAX COLLECTION AT SOURCE (TCS) LIABILITY ON E-COMMERCE OPERATOR UNDER GST IN INDIA

FAQ 1 : Who is an E-Commerce Operator? Reply : As per Section 2 (45) of the Central GST Act, 2017, ‘electronic commerce operator’ means any person who owns,...

GST : ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SERVICES

As per Schedule II read with Section 7 of the Central Goods and Services Act, 2017, following activities shall be treated as Supply of Goods or Supply of Services:-...

FAQs ON GST (Series 4) – GST LIABILITY ON E-COMMERCE BUSINESSES

Q 1. What is e-commerce? Ans. Section 43B(d) of the MGL defines an Electronic Commerce to mean the supply or receipt of goods and/or services, or transmitting of funds...

FAQs ON GST (Series 3) – REGISTRATION UNDER GST IN INDIA

Q 1. What is advantage of taking registration in GST? Ans. Registration under Goods and Service Tax (GST) regime will confer following advantages to the business: • Legally recognized...

FAQs ON GST (Series 2) : Levy of and Exemption from GST

Q 1. Where is the power to levy GST derived from? Ans. Article 246A of the Constitution, which was introduced by the Constitution (101st Amendment) Act, 2016 confers concurrent...

FAQs ON GST (Series 1) – Overview of Goods and Services Tax (GST) in India

Q 1. What is Goods and Service Tax (GST)? Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at...

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The Views expressed on this blog are strictly personal and for knowledge of our clients only. The contents of this blog are solely for informational purpose and it does not constitute any professional advice or recommendation. The laws related to GST and other taxes are under evolution and subject to constant changes and amendments over time. It is suggested to take specific legal advice and necessary due diligence before relying on the contents and information of this Blog. The authors of this blog, does not accept any liabilities for any loss or damage of any kind arising out of information on this blog and for any actions taken in reliance thereon.