While you apply for Goods and Services Tax (GST) registration, the GST ARN number, or Application Reference Number, plays an important role. This unique identifier is automatically generated upon submission of your registration application and serves as a tracking number for your application status. Thus, allowing you to monitor the status of your application until … Read more
Understanding the impact of GST on India’s IT sector is really important for all of us in this new modern age. Before GST, India had a complicated tax system with many different taxes. Thus, causing confusion in India’s IT Sector. But GST simplified things by bringing all these taxes together. This made it easier for … Read more
GST payment status is crucial for businesses to verify for compliance. It can be tricky to navigate the portal at first, but here’s a quick guide that you can use to check the GST Payment Online. Stepwise Process to check GST Payment Online You can check your GST payment status without logging in by following … Read more
GST rules provide a strong compliance base, undergoing periodic revisions for simplicity and fairness. Non-compliance or any other reason may lead to cancellation or suspension of a taxpayer’s GST registration. To address this, let’s explore the causes and potential solutions to suspension of GST Registration through this article. What are the potential reasons for suspension … Read more
GST is a key part of business taxes in India. It streamlined taxation by applying a single tax to goods and services. Yes, Sole Proprietors can definitely have 2 GST Numbers but in only certain scenarios which are discussed below. Furthermore, For sole proprietors, it’s vital to grasp GST implications and the possibility of having … Read more
A Joint Development Agreement (JDA) is a prearrangement between a landowner and a developer or builder. In this agreement, the landowner contributes their land, while the developer takes on the responsibilities of obtaining approvals, constructing, launching, and advertising the project with the financial resources at their disposal. JDA is subject to GST and complying with … Read more
Goods and Services Tax (GST) is a comprehensive indirect tax in India. It is levied on the manufacture, sale, and consumption of goods and services in India. GST rates vary depending on the specific goods and services. Thus, it is important to know about GST on Leather and Leather Products so that you can run … Read more
On October 7, 2023, the 52nd GST Council Meeting happened, where they discussed important things and made decisions to help taxpayers. Here’s a quick summary of what they did to make taxes easier, revision in GST Rates, clear up confusing laws, and provide a chance for people to resolve old tax issues. Changes in GST … Read more
Digital entertainment industry is thriving in India. However, you must also know that the entertainment industry is also not free of taxes. Discover how GST affects your favorite entertainment apps in India in this straightforward article. Online supplies of digital content, like music, movies, and TV shows, are called OIDAR services. OIDAR stands for Online … Read more
Online gaming companies like Dream 11, Games 24×7, and Head Digital Works are in trouble because they have to pay more than Rs 55,000 crore in taxes. Now, they are running to courts as they fear bankruptcy and other challenges. Let’s learn about the latest updates in the Gaming Industry. DGGI Sends Notices to Online … Read more