The Goods and Services Tax (GST) regime in India has brought various concepts to standardize indirect taxation, two of which are Mixed Supply and Composite Supply. These terms might sound similar but have distinct meanings and implications under GST. Correctly categorizing supplies is crucial, as it impacts the applicable tax rates and compliance. Principal Supply: This refers to the good […]
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In India, the Goods and Services Tax (GST) has simplified the indirect taxation system by replacing multiple taxes levied by the state and central governments. If you are a business owner in Bangalore, understanding how to register for GST is crucial for compliance and seamless operations. This guide provides a step-by-step process to help you navigate through GST registration in […]
Continue reading »Under this act, every provider shall be liable to be registered in the state or Union territory, from where he can doing their business. (a) Other than special category states – exceeds ₹ 20 lakhs. (b) Special category states – exceeds ₹ 10 lakhs. Meaning of terms : (a) Special category states shall mean the states as specified in clause […]
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