Since the start of the Goods and Services (GST) tax in 2017, the indirect taxation system in India has undergone a significant change when it comes to computation of dues. To ensure greater compliance with the tax laws, GST certificates are issued to businesses that exceed a certain threshold in terms of annual turnover and registered with the government under the tax laws. GST certificates are a valid proof that the business in question is registered under the laws of the country.
Source a2ztaxcorp
Latest Posts in "India"
- CBIC Clarifies GST Implications on Secondary or Post-Sale Discounts for Businesses
- India Slashes GST on Drones to 5%, Boosting Domestic Manufacturing and Sectoral Growth
- GST Reforms 2025: Boosting Textiles, Apparel Affordability, and Logistics Efficiency in India
- GST Credit Notes: Use Original Invoice Rate for Returned Goods, Not Revised Rate
- India Cuts GST on Renewable Energy to 5%, Boosting Solar Affordability and Green Jobs