The GST portal blocks small businesses whenever their output tax exceeds the ₹2.5 lakh threshold. They can't even register as ...

Clarifies the fast-track GST registration process under Rule 14A. The key takeaway is approval within three working days for eligible, low-risk applicants—not a guaranteed same-day ...

The Goods and Services Tax (GST) system streamlined its registration process online. GST registration is compulsory for businesses with revenue over Rs 20 lakh. Required documents include photos, PAN ...

Let’s start with the basics. The GST Act prescribes turnover thresholds for mandatory registration. For goods, registration is required once annual turnover exceeds ₹40 lakh, and for services the ...

The Goods and Services Tax (GST) was implemented by the government in July 2017 to replace various existing indirect taxes including excise duty, VAT, purchase tax, and service tax. Under the GST ...

Notably, there is no charge for registering for GST. (Image: freepik) The Goods and Services Tax (GST) is an indirect tax introduced by the government in July 2017, replacing several previous indirect ...

Businesses will be able to get GST registration within 7 days, while applications flagged as risky will be processed within 30 days after physical verification of the premises. Observing that some ...

Whether you are starting a new business or running a small business, you should be well-versed with all laws and regulations it may attract. It also includes all the taxes their business may have to ...

The court held that ITC reversal under Section 29(5) depends on a valid cancellation. Once registration is restored, the ITC ...

Amit Gupta is MD, SAG Infotech. Whether you are starting a new business or running a small business, you should be well versed with all laws and regulations related to it. It also includes all the ...