GST refunds can be easily claimed by start-ups in Karnataka. Startups in Karnataka can do so through the state’s policies that foster innovation and entrepreneurship. The Karnataka Startup Cell has laid down specific steps for startups to claim back the GST Refunds. Let’s understand all about how karnataka startups can claim GST Refund. Eligibility Criteria … Read more
The Goods and Services (GST) on hotel room rent in India is a crucial aspect of the hospitality industry. It’s crucial to understand the involved entities and applicable rates so that consumers can navigate the sector with information. Let’s see how the GST registration for hotel room taxes works. The Breakdown of Rates of Hotel … Read more
There have been significant updates to the GST Regime in India after the 53rd GST Council Meeting. The major updates were related to tax amendments, Aadhaar biometric integration, and exemptions in railway services along with many GST Compliance relaxations for businesses. Here is the list of all the important updates under the 53rd GST Council … Read more
In a landmark decision on April 30, 2024, the Calcutta High Court addressed a critical issue affecting many businesses across India regarding the GST. Thus, This ruling has significant implications for how companies manage their GST compliance. Let’s understand all about it through this article. The Case Overview The issue at the heart of this … Read more
When you start your specific type of business in India, or reach the threshold you will need GST Registration. GST Registration can offer you several advantages but you need to make sure that you apply carefully. The difficult thing with the GST Registration application process is its complex document process. But, you need not to … Read more
A GST registration is crucial for businesses operating in India. It allows them to collect and deposit tax on goods and services sold. However, there can be situations where your GST registration gets canceled by the tax authorities. But you need not worry as you can apply for revocation of GST Registration within the time … Read more
GST Registration is important for online business as well as claiming input tax credit. However, most of the times applicants fail to get approval for their GST Registration application. Let us know why and how you can avoid it. Common Reasons for GST Registration Rejection Make sure all the information in your application is accurate … Read more
The steps to change the registered mobile number in GST after GST Registration are simple. There are two ways that you can change your mobile number in GST after GST Registration. Update Mobile Number as Authorised Signatory Step 1: Login and Navigate Go to the GST portal and log in using your credentials. Once logged … Read more
You can get GST Registration online through the GST Portal. Following are the steps to apply for GST for Online Selling at Home. Steps to apply GST for Online Selling at Home Online Step 1: Gather all the necessary documents for GST Registration PAN card Aadhaar card Bank account information Proof of address Digital Signature … Read more
From a tax and compliance perspective, a crucial element for businesses having a GST Registration is a formal Letter of Authorization (LoA).Let’s understand all about Letter of Authorization for GST Registration through this article. What is a Letter of Authorization? A Letter of Authorization for GST signifies that any firm or company seeking registration under … Read more