The Indian government introduced a GST portal that enables all taxpayers to complete the process of tax using online transactions. It is a platform that allows people to handle every activity related to a tax of goods and services. At…
GST is a destination-centered tax. It means the tax will be received by a state in which the goods were used up and not where the goods were factory-made. Before this, there were various taxes such as Central Excise, Service…
The GST is a value-added tax imposed on most goods and services produced within the country. Nowadays, it has become mandatory for every business owner to have a GST registration number to continue their business if their annual turnover exceeds…
To improve India’s tax system and achieve the goal in the mission, “One nation one tax”, GST that is goods and services tax, was implemented by the government of India. The tax majorly affects the supply of service and goods…
A GST certificate is issued after registration under GST. The GST council has made it mandatory to register and issue GST certificates for the entities having an annual turnover of Rs. 40 Lakhs. Although, entities under special category states need…
