If your GST Registration was canceled, you can appeal against cancellation of GST Registration in India. For that, you need to follow a specific procedure and attach the correct documents to make your case solid. Therefore, it’s best to consult a CA or a GST Expert to understand the complete procedure in detail specific to … Read more
One of the most important economic sectors in any nation is real estate, particularly in India, where it has recently attracted attention. You will learn about the impact of GST on the real estate sector in this article. You will be specifically knowing about GST on Commercial Property. Previous Legislation of Taxes on Commercial Property … Read more
GST Registration can be canceled either through tax authorities suo moto or voluntarily. If tax authorities cancel your GST Registration, it is known as Suo Moto cancellation of GST Registration. This article will guide you on how to activate GST Registration Canceled Suo Moto. What is Suo Moto Cancellation of GST Registration? Suo Moto Cancellation … Read more
The 47th GST council meeting has approved a goods and service tax at a rate of 5% on several basic and necessary goods, such as pulses, rice, cereals, etc. when they are delivered as “pre-packaged and labeled” goods. From July 18, 2022, these modifications are in effect. The imposition of GST on necessities like pulses, … Read more
Good news for foreign tourists. As part of a drive to execute a provision that is in the legislation, the government will shortly launch a pilot scheme to refund goods and services tax (GST) paid by foreign visitors to India. Thus, Foriegn tourists may soon get a GST Refund for local shopping in India through … Read more
Good Transport Agencies are an important business as they facilitate the overall transport of goods. Transportation is an important part of the overall economy and as a result, the government has specifically exempt good transport agency services under GST. This means that GST Registration is not mandatory for Goods transport agencies and they have been … Read more
Following the introduction of the newly revised rates of GST as per the 47th GST Council meeting, There is a lot of confusion among the public regarding a variety of things. This is not the only issue, but due to the rise in GST on everyday items the public is also seeing an increase in … Read more
This era is booming with cryptocurrency. Many Indians are investing in cryptocurrency. Whether you are a business owner, or an individual earning income through profession, if you have investments in Cryptocurrency, you must also know about GST on Cryptocurrency in India. This article will discuss the taxation and GST on cryptocurrency in India. What is … Read more
An important update for all of us as the government has now implemented changes to the residential rental property taxation. Starting from 18th July 2022 the dynamics of renting residential property has undergone a major change. The decision to change the taxation system on residential rental property in India was taken in the 47th GST … Read more
Every business having GST Registration needs to mandatorily file GST Returns. The GST Returns have to be filed quarterly, monthly and annually based on the type of taxpayer and business. This article will guide you all about GST Return Filing. What is the GST Return? A GST-registered taxpayer (every GSTIN) is obliged to file a … Read more