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What is a GST Invoice?

An invoice or a bill is a list of goods sent or services provided, along with the amount due for payment. Buy GST All in One Plan :  

Late Fees for not Filing Return on Time

If GST Returns are not filed within time, you will be liable to pay interest and a late fee. Interest is 18% per annum. It has to be calculated by ...

What are the types of GST Returns?

Here is a list of all the returns to be filed under the GST Law along with the due dates. 3.1. Any regular business: Return Form Particulars In...

Who has to file GST Returns?

In the GST regime, any regular business has to file three monthly returns and one annual return. This amounts to 37 returns in a year. The beauty o...

What is GST Return?

A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by t...

Benefits of registering under GST

11.A. For normal registered businesses: 1. Take input tax credit 2. Make interstate sales without restrictions To know more about the benefits of G...

What is Composition scheme and when should a business opt for it?

Small businesses having annual turnover less than Rs. 75 lakhs can opt for Composition scheme. Composition dealers will pay nominal tax rates based...

When should a business apply for multiple GST registrations?

If a business operates from more than one state, then a separate GST registration is required for each state. For instance, If a sweet vendor sells...

What is GSTIN?

All  businesses that successfully register under GST are assigned a unique Goods and Services Tax Identification Number also know as GSTIN. Format ...

What is the penalty for not registering under GST?

An offender not paying tax or making short payments (genuine errors) has to pay a penalty of 10% of the tax amount due subject to a minimum of Rs.1...

What is the fees applicable to register under GST?

You Can Buy GST Plan is a All in One Plan To Take care of Everything you need for GST. GST Service Includes GST Registration GST Migration GST Fi...

What is the GST registration process?

Any business can get registered under GST by applying via the GST Online Portal or at GST Seva Kendra set up by the Government of India. At Kinja C...

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