GST Registration For Non-Resident Taxpayer: A Relief From India Gov
- Last Updated on: July 19th, 2019
- Posted by: Editor
- Category: Knowledge Base
Yes-Yes-Yes, now the non-resident taxpayers || Foreigners can have the GST registration in India, with ease and hassle-free manner.
In order to get registered, visit the — Crown Audit Towards GST Registration For Non-Resident Taxpayer by the business leading innovation company website — LeadingFile, here: GST Registration For Foreigners.
Actually, the guide you are reading now is found of sourced #LeadingFile. Meanwhile, the official guide belongs to the same source, mentioned above.
Other than this, if you are a taxpayer, belonging to the country India itself then you can visit the formal GST Registration page from the same source.
I with no doubt can mark them 10 of 10. Also, I think they are superb at all Business amenities.
What next? Nothing big! I will consider taking you directly to the topic details, just after making you aware of the taxable person.
Certainly, by viewing the mentioned information, you will come to know whether you are required to pay the GST or not?
Alas, I will keep this to you…
The mentioned-second link contains all the minor and major information about the GST Registration Eligibility and what not.
Now, let’s join another heading to discuss the subject in detail, here…
Non-Resident Taxpayer: GST Registration Is Here
Keep calm and listen to the GST and its laws full form, here: GST || GST || GST…!!!
Taxpayers || especially the non-resident Indians (NRI’s), you know what the long-awaited GST is now live.
Yes, it was introduced by the government of India something 2 years back — on 1st July 2017. Not exactly on the 1st of July, it was midnight of 30 June and 1st July 2017.
However, they marked that night the historic midnight towards GST anniversary.
Ok, we got this all. But what for the GST full form. Aren’t you thinking so? Don’t panic, here we go…
GST; stands for — Goods and Services Tax – a tax reform which replaced a bulk of unnecessary tax filings.
Meanwhile, filing a GST is all done with all the taxes. Isn’t this cool. Pay GST and get rid of all the taxes. Wow!
Wait, this is not the end of GST. GST is somewhat an ocean – the much you will swim the much you will have to.
Keep going… GST was given the GST rates – means the slab ration – call it either, you will find the same GST slab ration rates — as; 0%, 5%, 12%, 18%, 28%.
These slabs have their own criteria. And what that criteria say? That criteria say that somewhere or for something the applied GST will be 0%, only the TDS (Tax deducted at source) will be deducted.
Another one says that – somewhere or for something the applied GST will be 5%, also the TDS will be deducted of 5%.
Note: TDS will be for all time the 5%.
Next? Next is 12% where the GST somewhere or for something will be 12% and the TDS will be the same.
Upon this the all, the slab says that the GST will be 18%, somewhere or for something in common to all the above-mentioned slab rates.
Don’t you think we should consider an example of the same:
Example: GST Rate Slab Live Demo
Let’s have a GST slab of 18%.
Upon this, let’s consider an on-going instance.
Suppose – you or I made 118 Indian rupees by any business. To which the GST rate slab 18% works.
And what that business can be – it might be the affiliation marketing.
Yes, it can be. The GST rate slab gained on affiliate marketing is 18%. Ok, next – next conclude the GST and TDS.
So, the TDS is something 5%. Then, the money made towards TDS is 5% of 118 which is 5 rupees.
This calculation left 113 rupees with me or with you.
Now, what about GST. We all know that GST is 18% for online marketing. So, 18% of 113 will be 18 rupees which will leave 95 rupees with me or the same with you.
This concluded that later to paying GST and TDS from 118 rupees, I or you left with the 95 rupees.
The same case is with a 21% GST rate slab. To that also the TDS is 5%.
Alas, to go ahead and join the GST registration form.
I thought of closing the things, else the things might look like a bulk of words, nothing else.
Yes, the conclusion of the blog post.
First of all, I would like to say that this guide official belongs to LeadingFile || The Business Leading Innovation.
Back to the guide, this guide contains the entire information of the GST along with the GST rate slabs and the GST Registration portal itself.
I hope, you enjoyed this guide. If so, then don’t forget to comment, share and value our source — LeadingFile.