Clarifies the fast-track GST registration process under Rule 14A. The key takeaway is approval within three working days for eligible, low-risk applicants—not a guaranteed same-day ...
Explains how exceeding the Rs.2.5 lakh B2B tax limit under Rule 14A now triggers a portal-level block on GSTR-1. Highlights the resulting compliance deadlock and its ...
Let’s start with the basics. The GST Act prescribes turnover thresholds for mandatory registration. For goods, registration is required once annual turnover exceeds ₹40 lakh, and for services the ...
Notably, there is no charge for registering for GST. (Image: freepik) The Goods and Services Tax (GST) is an indirect tax introduced by the government in July 2017, replacing several previous indirect ...
Whether you are starting a new business or running a small business, you should be well-versed with all laws and regulations it may attract. It also includes all the taxes their business may have to ...
Businesses will be able to get GST registration within 7 days, while applications flagged as risky will be processed within 30 days after physical verification of the premises. Observing that some ...
The Goods and Services Tax Network (GSTN) in an advisory dated November 20, 2025 has said the changes with respect to Rule 10A will be implemented on the GST Portal soon. GSTN said that as per Rule ...
The upcoming GST Council meeting aims to simplify registration, audits, and refunds to enhance taxpayer experience and ...
Despite technological advances and interstate trust embedded in the system, entrepreneurs struggle with audits, paperwork, ...