Is an unregistered dealer required to inform the tax authority about his business ? If yes, to whom? Is he required to get any establishment license etc? What is required to start a proprietorship business? more
There is no need to inform any tax authority if your turnover from business or service is less than the thresh hold limit for getting registration under GST. As far as establishment license or any other license is concerned it depends upon the nature of your business or service you are providing. No additional formality is required to start proprietorship business as the PAN of proprietor will be used in proprietorship business. Only current account will be opened in a bank for doing business. Rest you may contact me through my mail id adv.sanjeevgoel@gmail.com or through cell at 9899390850 more
any person or firm or company can do business under GST regime as unregistered dealer whose turnover from business is less than 40 lakhs or from service less than 20 lakhs. more
Upto 40 Lacs turnover, there is no need to get registrations. Those dealers who are not registered under GST are termed as unregistered dealers. It may be an individual, Sole Proprietor, Firm or a small company. more
Govt consdiering: Recommendations to increase GST on Tobacco and Tobacco products to 35% from 28% Aerated Beverages GST also expected to rise to 35% Govt may consid...
GST office dont make any gate pass , no security checks . Is this to facilitate people to walk in with cash and gifts for officials. What happens if terrorist gets in .
Indian taxation is truly hell, the average Indian gets paid 20x less than average westerner but pays 10x more for essentials like laptops while 50x for cars. This is literally butchering the middle...
According to my husband, Corruption in GST starts from registration itself now. Getting told it's impossible to get it done in Delhi without a bribe. You get a query for more docs with t...
You can get a rate card for everything in gst office Registration 10k Assessment where no tax payable 15 k Refunds 4% This is what a friend is saying. LC Manager must esc...
Nephew had applied for GST cancellation a couple of months back but continues to receive notices from GSTN for failure to file monthly return. His accountant tells him that GST office will not proc...
My cousin’s friend runs a local bakery in Goa. He accepts only CASH. No UPI/CC/Debit Card-- nothing! Logic: if he accepts anything in 'white', he will pay around...
Interesting how poor people and commoners pay GST on pretty much everything they buy from biscuits to namkeen, milk to grocery And rich buys iPhone, Luxury Cars, etc as Business Expenses...
Cut & polished diamonds are charged 1.5% GST. Flour & curd are charged 5% GST. Diamond walas can fund politics but aate dahi doodh walas can’t?? Plea...
The GST Council has recommended 5% GST on dairy items like pre- packed, pre-labeled curd, lassi and butter milk and increasing GST on dairy machinery and milking machines from 12% to 18%. This move...
By Rohit Garg
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