Documents required for GST Registration

In India when businesses engaged in the distribution of commodities or supplies services have a turnover beyond Rs 20 Lakhs, then those companies are required to complete registration under GST. However, in North-eastern states and states in hilly areas, the turnover is relaxed to Rs 10 Lakhs. GST registration documents at proworktree. Casual registration is made by an individual who supplies goods or provides …

Filing for Returns- GST Transition Form 1(TRAN 1) and GSTR-3B

Goods and Service Tax combine multiple taxes into one so that tax payers are required to pay a single tax. However, to guarantee a smooth transition of several businesses into GST format and adapt them, it is necessary to have several rules. On June 3, 2017, the GST Council settled upon a few rules that will be implemented, namely as …

Different types of supply under GST

What do we denote by Supply?

GST introduced “different types of supply” with various rules attached to it. Supplies refer to the good and services that are offered or received in an industry. It is treated as a taxable affair under the new GST system. However, previously, supply was treated in a different manner and this taxable matter had different rules along with a …

GST Impact on Startups in India

Concept of GST

GST or Good and Service Tax as we commonly know it as, had a huge impact on various industries since its introduction. There is a huge debate regarding GST impact on startups in India and how it will impact the businesses conducted in India. GST is a one tax system that ultimately includes all other additional taxes. The concept of Goods …

Return filing under GST by E-Commerce operators and suppliers

Under the GST law, a traditional remunerator is going to be needed to furnish 3 Step wise monthly return and one annual return. However, sure enough classes of taxpayers, there square measure specific forms that require being filed at the side of some specific disclosures. In this article, we'll limit our discussion to come filing compliance underneath GST by e-commerce operators …