LegalRaasta GST knowledge portal2018-10-23T09:27:49-05:30

GST Search Online – 3 Ways Verify GSTIN?

Many use-cases for different companies will necessitate GST search or verification services. Through LEDGERS, Legalraasta offers all customers a free GST search and verification service. Legalrasta also provides GST services and verification through APIs in addition to LEDGERS. For more information on using GST API services, contact a Legalraatsa Business Advisor.  GST Search & Verification  Sign up for LEDGERS using [...]

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 [...]

By |February 12th, 2021|Categories: GST|0 Comments

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 [...]

By |February 11th, 2021|Categories: GST Law|Tags: , , |0 Comments