Every business enterprise carrying out the business of taxable goods and services, whose turnover exceed INR 20 lakhs are required to register as a taxable individual. The process is termed as Goods and Services Tax (GST) registration. There are a number of rules and documentation which need to be followed for the registration. Goods and […]
What is GST
What is GST? Here is All You Need to Know.
After 13 years of discussions on the Kelkar Task Force report on indirect taxation, the Goods and Services Tax (GST) was implemented on July 1, 2017. It is a single tax applicable on goods and services across the supply chain. Input tax credits (ITC) are available at every stage of value addition. This makes GST […]