GST

Revoke Cancelled GST Registration : Deadline June 30

Revoke Cancelled GST Registration Deadline June 30

It’s important to keep track of your GST Registration. Furthermore, failure to do GST Return Filing on time can result in cancellation of GST Registration. This is a major setback for any company. However, there is good news. The government has recently announced that businesses whose GST registrations were cancelled can now apply for revocation … Read more

Govt. imposes highest GST Cess limit on tobacco

Govt. imposes highest GST Cess limit on tobacco

The government has set a cap on the maximum rate of GST compensation cess for tobacco products such as pan masala and cigarettes. So, This article explores the impact of the government’s decision for the GST Cess limit on tobacco and Pan Masala. Government Caps GST Cess Limit on Tobacco and Pan Masala As part … Read more

GST Rate for Sugar, Salt, Chocolate, and Spices

GST Rate for Sugar, Salt, Chocolate, and Spices

Get ready to spice up your knowledge on GST rates! The GST Council has announced the rates for sugar, salt, chocolate, and spices, and we’ve got all the details for you. With GST rates based on the internationally recognized HSN code system, which is used by over 200 countries, these rates are categorized into five … Read more

GST on Tour Operator & Travel Agents

GST on Tour Operator & Travel Agents

Tourism is a significant contributor to the Indian economy, providing socioeconomic benefits and positively impacting industries like food manufacturing, services, and construction. It creates jobs, generates income and foreign exchange. The tourism and hospitality industry includes accommodations, catering, transportation, attractions, and travel agencies/tour operators. Learn more about the GST on tour and travel agencies below. … Read more

GSTN launches e-invoice registration services with private IRPs

GSTN launches e-invoice registration services with private IRPs

GSTN has taken a step forward in the digitalization of business processes. It has now launched e-invoice registration services. It has been done as per the recommendation of the GST Council. E-Invoice Registration is launched in collaboration with various private IRPs. Four Private Companies Empaneled by GSTN for E-Invoice Registration Services GSTN has selected four … Read more

GST refunds for foreign tourists’ shopping coming soon

GST refunds for foreign tourists' shopping coming soon

The government is planning to address the long-pending issue of providing refunds on goods and services tax (GST) paid by foreign tourists who shop in India. Let’s understand the news in detail. GST Refunds for Foreign Tourists Planned in India Next Year” According to sources, the government will soon begin working on the procedure and … Read more

GST Registration for Hospitality Business

GST Registration for Hospitality Business

India’s hospitality industry is a key driver of growth in the country’s service sector, and is often a top revenue producer. It’s expected to continue growing, thanks to the country’s large tourism potential. Over the past 15 years, hotel brands have organized and established the industry as a service-based rather than reality-based sector, making them … Read more

What Is The Eligibility Criteria For GST Registration?

What Is The Eligibility Criteria For GST Registration

GST is a value-added tax on the supply of goods and services in India, introduced on July 1, 2017, to simplify the indirect taxation system. Businesses supplying goods or services with a turnover above a certain threshold must register for GST. However, there are other criterias as well. This article will cover all the eligibility … Read more

GST on Television [TV] in India

GST on Television [TV] in India

This article will guide you about important information regarding GST on Television in India. The introduction of GST has had a significant impact on the television industry, affecting both Indian manufacturers and customers. Thus, it’s important to know about GST on Television [TV] in India. Understanding the Taxability of GST on Television Sales Under GST … Read more

How Much Time Does It Take To Get a GST Number

How Much Time Does It Take To Get a GST Number

GST (Goods and Services Tax) registration is a process by which businesses obtain a unique GST number from the government of India. The GST number is necessary for businesses to be able to legally collect and remit GST on their taxable supplies. To obtain a GST number, a business needs to apply for GST registration. … Read more