Reading Time: 3 minutes Amazon GST registration, If a seller wants to sell his/her product on one of the biggest e-commerce giants like Amazon, then GST registration is compulsory as you need to pay Goods and Service tax to the government. Dealers can sell to millions of customers, on Amazon which is one of the largest online stores, through
Read More

Reading Time: 2 minutes Distinct Person Under GST, if a taxable person/establishment is obtained or required to obtain more than one registration, whether in one state or union territory or more than one state or union territory shall, in respect of each such registration, be treated as Distinct Person for tax purposes under Section 25(2) of CGST Act 2017
Read More

Reading Time: < 1 minute Automated Drop Proceedings, Goods and Services Tax Network has issued an advisory for Initiating Drop Proceeding functionality for suspended GST Registrations due to non-filing of returns, functionality of Automated Drop Proceedings of GSTINs suspended due to non-filing of returns has been implemented on the GST Portal. This functionality is for the taxpayers who have filed their pending
Read More

Reading Time: 3 minutes Notice to return defaulter u/s 46 for not filing the GST return Notice to return defaulter u/s 46 for not filing return contains “Being a registered taxpayer, you are required to furnish return for the supplies made or received and to discharge resultant tax liability for the aforesaid tax period by the due date. It
Read More

Reading Time: 4 minutes Revocation of Cancellation of GST Registration, The registration granted under GST can be cancelled for specified reasons. The cancellation can either be initiated by the department at its own motion (Suo Moto Cancellation) or the registered person can apply for cancellation of their registration. In case of the death of the registered person, in case
Read More

Reading Time: 6 minutes QRMP Scheme under GST QRMP Scheme under GST, registered persons having Aggregate Annual Turnover up to 5Cr may be allowed to furnish return on quarterly basis along with monthly payment of tax, with effect from 01.01.2021. This scheme of quarterly return filing along with monthly payment of taxes is referred to as “QRMP Scheme”. Eligibility
Read More

Reading Time: 2 minutes GST credit on Amazon, Amazon Business customers, and MSMEs, may claim GST credit for orders delivered across India with GST registration in only one state. Amazon Business facilitates its customers Through its ‘Bill to Ship to’ feature, customers who have GTIN registration for one or a few states but want to get their shipments delivered
Read More

Reading Time: 4 minutes Bill to Ship to under GST, Generally when the supplier receives the Purchase order from his customers he will ship the goods from his place directly to the customer. But if the supplier does not have the stock of the required goods or he does not deal in such item them. In such cases he
Read More

Reading Time: 2 minutes Income Tax Intimation Order u/s 143 (1) IT Act 1961. | Password | Details Income Tax Intimation Order, After processing the the Income Tax Return, Income Tax Department sends Intimation notice to the registered email ID of the tax filer under Section 143(1) of the Income Tax Act 1961, An SMS also send by Department
Read More

Reading Time: 2 minutes Margin Scheme in GST Generally GST is charged on the transaction value of the goods. However, in respect of second hand goods, a person dealing in such goods may be allowed to pay tax on the margin i.e. the difference between the value at which the goods are supplied and the price at which the
Read More