Goods and Services Tax (GST) is an indirect tax law which came into existence throughout India on 01st July, 2017. GST is a comprehensive, multi-stage, destination-based tax that will be levied on every value addition of a product supply chain. It is a tax levied at every point of sale.
GST has effected businesses of all types in India. It has made compulsory for a large number of businesses to register under it. Without registration, a person or a business entity can neither collect tax from his customers nor claim any input Tax Credit of tax paid by his suppliers.
This course is aimed for people who need a guide to complete the registration of their business entity under the GST law. This course will also give you a basic idea about this new law.
This introduction lecture of the course explains the indirect tax system that existed in India. It gives out the flaws that were akin to the said old tax system. It introduces the topic of GST.
This lecture speaks about the various benefits of the new Goods and Services Tax introduced in India. It lists out a number of its advantages for the consumer, taxpayer and the government.
This lecture explains some of the anomalies that are there in the present form of GST.
This lecture explain the basic points regarding the registration under the GST. It also explains the GSTIN number which a supplier is allotted on the completion of a registration process and describes the nature of registration that a particular supplier has to take under this law.
This lecture explains the Goods and Services Tax Network (GSTN).
This lecture explains in detail the step by step process of GST registration as per the prescribed registration form.
This lecture explains about uploading photographs of concerned persons with respect to types of businesses for GST registration.
This lecture explains the process after completion of a GST application.
This lecture deals with the the issuance of GST Identification number to an applicant.
This lecture discusses about cancellation of an existing GST registration.
GSTtaxpayer is an online entity which helps people in educating them about the newly introduced Goods and Services Tax law in India.
The aim of GSTtaxpayer is to help an entrepreneur to know the legal and regulatory requirements of GST and provide the latest information about it so that they are in pace with the changes incorporated into this newly constituted law.