Documents Required For GST Registration

Website Documents required for GST registration Table of Contents The Goods and Services Tax (GST) is an indirect tax paid on the purchase of goods and services. Upon GST registration, the supplier receives a 15-digit GST identification number known as a “GSTIN” as well as a certificate of registration. This number is used by the […]

Rule 39: CGST SGST Rules

Website Rule 39: CGST SGST Rules Table of Contents The process of distributing the input tax credit (ITC) by the input service distributor is described in Rule 39 of the CGST/SGST. Any business that registers under Goods and Service Tax must adhere to Rule 39 of CGST/SGST. Input tax credit, or ITC, means that we […]

IGST: A Detailed Study

Website IGST: A Detail Study Table of Contents IGST stands for integrated goods and services tax. IGST is one of the three components of Goods and Service Tax. An Act to make a provision for levy and collection of tax on inter-State supply of goods or services as well as on imports/exports or both. Let’s […]

SGST: A Detail Study

Website SGST: A Detail Study Table of Contents India is a federal country where both the Center and the States have been assigned the powers to levy and collect taxes. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. If you […]

CGST Act: A Study

Website CGST Act: A Study Table of Contents Goods and Service tax was introduced in India several times but actually got into effect from July 1, 2017 onwards. The idea of bringing about GST subsumed all the taxes that prevailed in the country earlier, and are now categorised differently as CGST, SGST and IGST. Central […]

SGST, CGST, IGST and UTGST

Website SGST, CGST, IGST & UTGST Table of Contents The central government will collect CGST, SGST, or IGST depending on whether the transaction is intrastate or interstate under the GST law. When goods or services are supplied within a state, this is referred to as intra-state transactions, and both the CGST and SGST are collected. […]