Tag Archives: GST

Who need GST registration?

Identify yourself, whether you are liable to register under GST.

Here the criterias are as per act and registration rules:

Any individual or entity that fulfills any of the following conditions needs to get GST Registration
1 Having an annual aggregate turnover from operations in the state which is above the threshold limit of  20 Lakhs (Rs. 10 Lakhs for North-Eastern States)
2 Currently registered under any of the existing indirect tax regimes (VAT, Excise Laws, Service Tax Laws) irrespective of the threshold limit
3 Having operations in multiple states
4 Having multiple business verticalsin one state
5 Making any Inter-State taxable supply
6 Casual taxable persons & Non-resident taxable persons
7 Required to pay tax under Reverse Charge
8 Required to deduct tax at source
9 Agents of a supplier
10 Input Service Distributor
11 Supplying goods or services through E-commerce Operator
12 E-commerce Operator/ Aggregator who supplies goods or services under his brand name (e.g. Flipkart, Amazon, Ola)
13 Supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person

How to download and install GST Offline Tool or Utility for GSTR 1?

As all of us were waiting for the offline tool to prepare and file GSTR 1. Finally yesterday it was made available on GST Website by government. Here are the steps given to download and do test whether file is not corrupted and install (you can also watch my youtube video for complete steps):

  1. First go to GST website download section.
  2. You get the downloadable file from the link available at the end of first line.
  3. Download and save wherever you want.
  4. Now let’s verify whether downloaded file is valid and not corrupt.
  5. Press window button and search power shell.
  6. Run it and now type “get-filehash [space] copy and paste path of the downloaded file [space] -algorithm SHA256” press enter.
  7. We will get the unique hash code, it means files are absolutely fine and not at all anything corrupted.
  8. Now unzip the downloaded file.
  9. Install the application file “GST Offline Tool”.
  10. Now GST Offline Tool is ready to prepare GSTR 1.

See the below image for example: