GST REGISTRATION IN BANGALORE
GST Registration in Bangalore
GST is Transparent Tax which includes various other indirect taxes. With our GST filing services, a business can show the tax applied, in the sales invoice. The Customer will have the knowledge of how much tax have they paid on the product or service.
The exemption set by GST council for India has a threshold up to Rs.20 lakh. However, The Goods & Services Tax (GST) Council decided that businesses in the North-Eastern states and the hill states who annually have a turnover below Rs.10 lakh would not fall under the GST net.
Purchase from Unregistered Persons: -In cases of supply by an unregistered supplier to a registered person, GST shall be paid by the recipient under Reverse Charge Mechanism. A registered taxable person who is liable to pay tax on reverse charge should issue a Tax Invoice on making any inward supply of goods or services from unregistered person.
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