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
In today’s world, anyone can begin their own online business from home without investing lots of money. This has become possible because of E-Commerce companies such as Meesho. One of the essentials to start your business on Meesho is having GST Registration. Stepwise Process to have GST Registration for Meesho Supplier Part 1: Initiating the … Read more
When GST was launched, it was mandatory to have GST Registration to start an online or e-commerce business. However, in the 48th GST Council Meeting the government notified a significant exemption allowing businesses below threshold to run their business online without having to obtain GSTIN. Lets learn about the process to do online business without … Read more
An e-invoice, also known as an electronic invoice, is a digital document that businesses exchange with each other and authenticate through the government tax portal. Let us learn the process and other crucial details regarding GST eInvoicing by Business. Why E-Invoicing Matters? E-invoicing streamlines the invoicing process, making it more efficient and less prone to … Read more
The introduction of e-Invoicing in India aimed to combat tax evasion by enabling real-time data access for tax authorities and verifying invoices through the Invoice Registration Portal prior to transactions. This system minimises the possibility of counterfeit invoices, ensuring that only legitimate Input Tax Credits can be requested by taxpayers. Thus, you must enable GST … Read more
GSTR-2A, is an automatically generated tax return for purchases, created by the GST site upon a vendor’s GSTR-1 submission. It is important for businesses to use GSTR-2A to claim input tax credit in GSTR-3B and GSTR-9 filings. So, learning about the process to view GSTR 2A on the GST Portal is crucial and we will … Read more