GST registration for e-commerce sellers is a mandatory requirement under Section 24(ix) and (x) of the Central Goods and Services Tax Act, 2017
The provisions made under GST define a Casual Taxable Person as any individual who transacts goods and services occasionally while acting as a Principal, Agent or in any other capacity for the furtherance of the business, but does not possess any fixed place of business in the given taxable territory,
GST filing software assists taxpayers at various stages like data import from existing ERPs, transforming ERP data into GSTN-format, preparation of various returns, fetching GSTN data, GST filing, etc. hence it is crucial for you to choose your GST software smartly.
With ICEGate, the user can make E-payments, Track Document status at Customs EDI, Register for IPR, Verify IE Code, etc. making it an essential tool for traders and exporters in India.
GST council have made amendments that mandates timely and apposite maintenance of account books and ledgers by a taxpayer registered under GST rules.
simplify tax returns and enable a fairer taxation system, the GST council has put their best foot forward effective April 1, 2019. Now as the fiscal year 2018-19 approaches its end, a new page awaits to be written.
The GST regime has the potential to change the Indian reporting framework for good. The benefits are for all to enjoy: Enterprises, Regulators and the Banking system.