As a trusted advisor in tax and compliance, we aim to keep you updated on critical developments that impact your business. The Goods and Services Tax Network (GSTN) has introduced significant enhancements to the GST registration process, now applicable in Chhattisgarh, Goa, and Mizoram. These changes, effective December 15th, 2024, focus on strengthening the authentication …
The Goods and Services Tax (GST) registration is a crucial step for businesses operating in India, as it establishes their legal recognition and enables them to comply with the tax regime. However, obtaining GST registration in the current scenario poses numerous challenges due to evolving regulatory frameworks, technical glitches, and bureaucratic hurdles. This article discusses …
Continue reading “Difficulties in Obtaining GST Registration”
If the primary authorized signatory is no longer available due to death or untraceability, a reset of the email address and mobile phone number associated with the GSTIN is necessary. Follow these steps for a smooth process: By following these steps, you can successfully reset the email address and mobile phone number associated with the …
In the world of Goods and Services Tax (GST), canceling your registration is a bit complicated. It’s important for businesses to understand what happens during and after this process to follow tax rules correctly. In this simple guide, we’ll break down what occurs after canceling your registration, including the temporary pause, ongoing responsibilities, how your …
Introduction The Goods and Services Tax (GST) is a comprehensive indirect tax that replaced multiple cascading taxes levied by the central and state governments in India. This transformative tax system has brought about significant changes in the country’s economic landscape, particularly for the service and manufacturing industries. GST registration has emerged as a pivotal step …
Continue reading “Benefits of GST Registration for Service and Manufacturing Industries”
Introduction In recent years, the rise of freelancing has transformed the global job market. Freelancers, or independent professionals, provide a wide array of services across various industries, from writing and design to programming and consulting. As this trend continues to gain momentum, it’s essential for freelancers to understand the regulatory landscape they operate in. One …
Continue reading “The Advantages of GST Registration for Freelancers”
Introduction In 2017, India underwent a significant tax reform with the introduction of the Goods and Services Tax (GST). This comprehensive indirect tax structure replaced the intricate web of multiple taxes, such as excise duty, service tax, and value-added tax, streamlining the taxation system and fostering economic growth. One of the pivotal aspects of this …
Continue reading “The Multifaceted Benefits of GST Registration”
In a recent case before the Hon’ble Karnataka High Court, Sri Annadurai Muniswamy sought relief against the cancellation of his Goods and Services Tax (GST) registration. The petitioner challenged the Order-in-Appeal issued on January 4, 2023, which confirmed the cancellation of his GST registration by the Revenue department. The cancellation had initially been ordered on …
Continue reading “GST Registration Cannot be Cancelled on Non-Submission of GST Returns”
India is a land of opportunities and offers an attractive market for entrepreneurs looking to start a business. With a growing middle class and a large population, India offers a vast market for businesses across various sectors. Setting up a business in India can be a complex process, but with the right guidance and support, …
In India, GST registration is an essential step for those starting a business. It can either be a voluntary decision or a mandatory provision under the GST law. Some people are obligated to register their business under the GST law, while others are exempt from registration. In this article, we will discuss the provisions for …
