Posts

GST Registration Online for New User

Image
An application for GST online registration is an important step under the GST regime for all taxpayers or business owner whose annual income is more than 20 lakh. Only after GST online registration, the business owner receives a unique GSTIN number. The taxpayer needs a GSTIN number for all phases of file completion, building production and invoice performance and therefore becomes an integral part of GST installation. Through all this process one has to go to GST online registration website official website. GST registration in Coimbatore Recent updates to GST registration 31st December 2020 Aadhar certification for GST registration provision The GSTN site recently introduced the Aadhar authentication process for all people who applied for GST registration including Standard Taxpayer / Composition / Extraordinary Taxpayer / Input Service (ISD) / SEZ / SEZ Engineer etc. . It may require an authorized signature and in the event that Aadhar certification fails, the tax department may mak...
1 comment
Read more

GST Registration Process in India

Image
The Goods and Services Tax (GST) system has been successful in replacing many indirect taxes and at the same time simplified the Indian tax system used in the supply of goods and services.   GST registration is mandatory for all merchants/business people/businesses with profits beyond the specified limit. Registering for GST is now easier for Franchise, a GST Suvidha Provider (GSP) government-licensed provider with years of experience in Pan India.    GST Registration Process for Private Limited Firm- To register for GST, a limited private company is required to submit a company PAN card and other documents such as Registration Certificate, PAN card, photo and aadhar card for all directors, Bank details - a copy of the canceled check or bank statement, Proof of physical address Head of Business and additional business area. The requester will need to submit his or her PAN, mobile number and email address in part A of Form GST REG-01 via    Corporate registration...
Post a Comment
Read more

New rules for registering GST registration for new entrepreneurs

Image
What are the new rules for registering GST registration for new entrepreneurs? The government is changing its laws according to market conditions and it is important that entrepreneurs keep up-to-date with market information. Currently the rules are being changed to GST registration so now in this blog we will be discussing the new rules set for GST registration. New rules for GST registration? For new GST registration, it is important to provide Aadhar or Aadhar as biometric identification. The person registering for the new GST must provide his / her tax return details to assist the Government to verify the authenticity of the entrepreneur who wants to register for the new GST. New organizations seeking GST registration will be called Trusted and some based on their information. The government will first analyze the authenticity of the new businesses provided and set the appropriate category. An honest businessman will have a clean income tax history and his or her identity related t...
Post a Comment
Read more

GST Registration Procedure of Practitioner | GST Registration in Coimbatore

Image
Who applies for GST registration?  GST Practitioner is a tax risk approved by the Government and authorized by the taxpayer to perform other duties based on the details of the representative of the observer. Provide details of the external supply under section 37 and the internal supply under section 38; Submit monthly and quarterly file under section 39, with annual and final refund under section 44 Apply for cancellation or amendment of registration Apply for a GST refund. GST Terms of Service Any Indian citizen with the required qualifications should be of sound mind or should not be judged as insolvent. To qualify as a GST manager, a person must be: A retired official of the Business Tax Department of any State or CBEC Government, who has served as a Group-B (or higher) gazette manager for a period of not less than two years. Tax Return Taxpayer or Sales Tax Officer registered for a period of not less than five years Postgraduate or postgraduate degree in Commerce, Law, Banking...
Post a Comment
Read more

GST Registration: How to Set Up Your Small Business GST | GST registration in Coimbatore

Image
With GST just around the corner, this is probably the time when you find your small business registered under it. The Indian government has recently extended the GST business registration deadline to 30 April 2017. Here is a step-by-step guide on how to do this registration process. A guide to registering your small business under GST Obtain a temporary username and password for you State VAT / Central Excise / Service Tax Authority. Go to the official GST registration site here and sign in with the temporary information provided for each step GST Click here for your provincial Registration Program to ensure that your country still accepts applications (Currently 30/04/2017 for all provinces). GST registration in Coimbatore Once you have checked the registration process, go back to the homepage and click on NEW USER LOGIN. Read the Steps to Complete Temporary Registration, check that “I agree to provide information in accordance with the provisions of the Proposed Property and Taxation...
1 comment
Read more

Goods and Services Tax (GST )- An Overview

Image
Goods and Services GST is an Indirect Tax. It applies to goods and services that are bought and sold for use or consumption in India. It is a consumption tax because it is ultimately borne by the end-user. This tax is not directly paid to the government by customers, but it is levied on the manufacturer or seller of goods and the providers of services. The trader collects the tax from the customer and remits the collected GST to the tax authorities. Prime Minister Narendra Modi launched GST into operation on the midnight of 1 July 2017. The development of GST took many consultations, negotiations and revisions before it was launched in its final form. The introduction of the Goods and Services Tax (GST) was the most significant economic reform since Independence.  There were plethora of indirect taxes levied on goods and services in India. Major indirect taxes include Customs duty, Excise duty, Service tax and Sales tax (VAT/Central Sales Tax). GST has replaced all these taxes with...
Post a Comment
Read more

Online GST Registration

Image
Goods & Services Tax (GST) is levied on all Indian service traders, service providers and manufacturers. It is an indirect tax that was rolled out on July 1, 2017. It has replaced a variety of Central taxes e.g., Service Tax, Excise Duty, Luxury Tax, Octroi, VAT, etc. The GST procedure is online and no manual intervention is required. GST is levied at every step of the supply chain. Every product passes multiple stages in the supply chain, that is procuring raw materials, manufacturing & sale. Interestingly,   GST is levied on all of these stages.  Components of GST GST has 3 tax components, Central Goods and Services Tax or CGST, State Goods and Services Tax or SGST & Integrated Goods and Services Tax (IGST). CGST is levied by the central government, SGST is levied by the state government when all the transaction is done within the state. IGST is levied on the inter-state transactions. It is a destination-based tax consumer using any goods or services is liable to...
Post a Comment
Read more