This article will explain the annual turnover threshold limit for GST registration and for your business. As a business owner, you must be aware of the yearly turnover threshold limit for GST registration in order to comply with the law and avoid severe fines. What is GST? The Goods and Services Tax (GST) is a … Read more
The Goods and Services Tax (GST) is an indirect tax levied on the sale of goods and services in India. The GST is administered and collected by the Central Government, in conjunction with the State Governments, to ensure that taxes are paid on all transactions. GST registration is mandatory for all businesses in India, and … Read more
Businesses may save money on long-term leases and administrative costs by using a Virtual Office, which provides a real address and office-related services. The presence of a real-world address is a major perk of virtual office space. You may use your address on all of your company letters and mail, which will comfort your clients … Read more
As an importer, knowing how GST affects your incoming cargo is crucial to your bottom line. Knowing the ins and outs of GST and how it affects your product price is crucial for running a successful import business. This article will help you understand GST on Imported Goods in India. What is GST? On July … Read more
The development of the Indian economy depends heavily on the agriculture industry. India is one of the world’s top producers and exporters of agricultural goods such as rice, wheat, sugarcane, and spices. In rural India, one of the main industries for employment is the agriculture industry. Therefore, taxation of the agriculture sector plays a major … Read more
GST is known as one of the most beneficial revolutions for the Indian economy as per the Indian Government. It has subsumed multiple indirect taxes such as excise, VAT, and service tax. This article discusses the benefits of GST Registration under law. What is GST? GST stands for Goods and Services Tax. It is imposed … Read more
Online Businesses in India have a huge scope. Especially after the pandemic, Indian Market is booming for online businesses. If you want to start online business or shift to online mode of your existing business, you must know about GST and GST Registration. Let’s understand the important concepts of GST for an online business. What … Read more
It is mandatory for a medical store to register for GST if its annual turnover is above a certain threshold. It’s Rs. 20 lakhs for all save the North-Easter Hilly states, which have a ceiling of Rs. 10 lakhs set by the GST Council. You will be learning how to apply for a GST Registration … Read more
GST Registration is an indirect taxation system in India. It is completely online and thus offers several advantages for startups. Many entrepreneurs also opt voluntarily for GST Registration in India for several reasons. In this article, you will learn Is GST Registration required for startups? What is a Startup? In simple words, Startups are companies … Read more
The GST Registration for Bakery is an important concept. In fact, every business should know about GST. The GST Registration and GST Return Filing offer several advantages. Thus, if you are planning to start a bakery business or already have a bakery business, read this article to know about important concepts for your bakery business. … Read more