In India, Amazon sellers are required to sign up for GST. We all know that Amazon is a place to buy and sell things online. It gives sellers and buyers the same place to meet. It helps people sell their goods and services all over the world. Using Amazon, people can buy things from anywhere in the world. In fact, it is one of the most popular online stores in the whole world. So, it has a lot of potential
Goods and services tax (GST) registration is required for all business types. This is also true for sole proprietorships. But there are a lot of different ideas about it. So, in this article, we’ll learn everything there is to know about GST Registration for Proprietorship Firm. Know about Sole Proprietorship Firm A sole proprietorship is a business in which one person is both the owner of the business and in charge of running it. A Sole Proprietor is a good choice
GST Registration is more important than ever for restaurants. The reason is that restaurants are always busy. Thanks to more help from companies like Zomato and Swiggy that are just starting up. This brings in business, so the government makes people pay different taxes. In this article, we’ll talk about how restaurants can sign up for GST. We will also learn about some registrations for restaurants that are required and some that are not, and how they can help your
E-Commerce is a new way to do business and one of the most valuable ones right now. A survey found that almost 80% of internet users have bought something from one of these E-Commerce stores. But it has a complicated taxation system. For example, GST Registration for E-Commerce makes a lot of people confused. So, in this article, we’ll talk about GST Registration for E-Commerce so you can easily grow your own online business. What is E-Commerce? E-commerce is just selling
GST means the tax on goods and services. It is an indirect tax, and every business in India can get a lot out of it. MSME entrepreneurs can also benefit from GST Registration for MSME. In this article, we’ll go into detail about GST Registration for MSME. Know about GST GST means the tax on goods and services. It is a kind of indirect tax that you have to collect from your customers when you sell your goods or services and
In India, getting registered for GST is now very easy. Indian citizens can apply online for a GST number with just a few company documents. You don’t have to physically move anywhere to use the latest GST number. This article will explain in detail how a partnership firm can register for GST. What is the Goods and Services Tax (GST)? Goods and Services Tax (GST) is a destination-based tax that changes depending on how goods or services are used. The rates,
On Friday, the GST (Goods and Services Tax) committee is expected to decide whether to treat back-office business process outsourcing services sold to foreign customers as exports that don’t have to pay tax or whether a moderator service should be charged an 18% tax. More so, the decision would be important for the over $180 billion BPO industry, which operates in a small area and faces competition from places like Malaysia and the Philippines, where costs are low. In
Friday, the GST Council agreed with a plan that public food delivery platforms like Swiggy and Zomato should charge 5% GST after getting GST Registration. After the first lockdown and delivery of food from restaurants, the pandemic was good for food delivery platforms like Swiggy and Zomato. At the end of the year, their orders were 120% higher than they were before the outbreak. It has also caused restaurants to have more deliveries. We’ll learn about GST on restaurant
GST Registration is helpful for Hindu Unmarried Family in many ways. A lot of businesses that are registered under HUF do business online. Because of this, they also have to get GST Registration. After getting GST Registration, Hindu Undivided Family companies can also get a tax credit for taxes they paid before. In this article, we’ll talk in detail about GST Registration for Hindu Undivided Family. What is a Hindu Undivided Family? A HUF is a group of people who all
With the development of new technology and more advanced workplace solutions, having a real workplace has become much less important, if not completely unnecessary, in the modern world. Virtual offices were made because things were changing. One of the most common ways people use the Virtual Office is to register for GST in India. So, this article shows how Virtual Office is helpful for GST Registration in India. What is a Virtual Office? The virtual office is a business that offers
