Search and Find GST Number with Name
You know that you can locate the GST number of any company or company by typing the company name or by entering the company's first letters. Search GST Number by name: How? You can search for the GST number by name. You've got to be in the right place if you want to search or find a GST company, partnership, [...]
QRMP Scheme: Everything to know under GST
Under the Goods and Services Tax (GST), the Central Board of Indirect Taxes and Customs (CBIC) implemented the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme to assist small taxpayers with a turnover of less than Rs.5 crores. The QRMP scheme requires taxpayers to file GSTR-3B quarterly and pay tax on a monthly basis. QRMP Scheme: Introduction The [...]
Supplies under GST – Interstate and Intrastate
Supplies under GST: GST is also known as Goods and Services Tax is an indirect tax (or consumption tax) used in India on the supply of goods and services which is laid by the Indian government on even daily necessities. This tax was introduced on 1 July 2017. It is a broad, multistage, station-based tax, broad because it has included [...]
Inverted duty structure: What is an inverted duty structure under GST?
The Inverted Duty Structure (IDS) is a condition in which the input tax rate used is higher than the finished products tax rate. The tax rate on natural rubber (input) bought is 10 percent, taking a hypothetical circumstance of the tire industry, while the tax rate on rubber tyres is 5 percent. Here, because the input tax rate is higher [...]
GST State Code List and Jurisdiction
GSTIN is a specific tax identification number that is issued to each dealer registered with GST. The GST State Code reflects the first two digits of GSTIN. Introduction When you move to GST registration or when you sign up for a new subscription, many businesses would have received a 15-digit temporary ID or GSTIN (Property Tax Identification Number). Knowing the [...]
GST Offline Tool Services in India
In 2019 The goods and service tax networks introduced an offline tool of New GST Return. This will help taxpayers in understanding and experiencing the current and upcoming returns system. This is an immersive, web-based New Return Framework prototype that helps taxpayers to browse through the new system's multiple websites, providing them with first-hand experience and building their hopes about [...]