GST (Goods and Services Tax) is a single indirect tax levied on the supply of goods and services across India. It has replaced multiple taxes like VAT, excise, and service tax, making compliance easier. For businesses, GST ensures smoother trade, uniformity in taxation, and transparency.
Any business with an annual turnover above:
-
₹40 lakh (goods) or ₹20 lakh (services) in most states
-
₹20 lakh (goods) or ₹10 lakh (services) in special category statesAlso, e-commerce sellers, interstate suppliers, and certain service providers must register regardless of turnover.
GST has multiple slabs – 0%, 5%, 12%, 18%, and 28%. Some items attract a higher rate of 40% (luxury/sin goods). For the latest GST updates (like recent GST 2.0 rate changes on cars & bikes), check our updates section
Monthly: GSTR-1, GSTR-3B (for most taxpayers)
Quarterly: For small taxpayers under QRMP scheme
Annually: GSTR-9 and, if applicable, GSTR-9C
Late fee: ₹50 per day (₹20 for nil return) subject to a cap
Interest: 18% per annum on tax liability
Non-compliance may also lead to notices from the department.
An E-Way Bill is mandatory for movement of goods worth more than ₹50,000 within or across states. It ensures transparency in supply and prevents tax evasion.
Yes ✅. Our experts specialize in replying to departmental notices, representing clients before GST authorities, and handling appeals effectively.
Yes. We act as your Virtual CFO, handling GST, taxation, financial planning, compliance, and business strategy—without the cost of a full-time CFO.
PAN of the business/owner
Aadhaar of proprietor/partners/directors
Business address proof (rent agreement/ownership docs)
Bank account details
Photographs and authorization letter (if applicable)
Claim Input Tax Credit (ITC) correctly
Ensure invoices are GST-compliant
File returns on time to avoid ITC blockage
Use exemptions and composition scheme (if eligible)
From 22nd September 2025, GST on small cars and two-wheelers has been reduced to 18%, while luxury cars are now taxed at 40%. Read our full article here.
💡 Our GST experts are here to guide you. Whether it’s registration, return filing, GST audits, or notices, we make compliance simple.
👉 Contact TechTax Solutions today and experience hassle-free GST services.
Bilkul nahi! 56th GST Council meeting ke baad system ko kaafi simple kar diya gaya hai. Ab adhikatar (mostly) items par sirf do hi main slabs hain: 5% aur 18%.
Rozmarra ki cheezein jaise packaged food, namkeen, aur toothpaste ab 5% slab mein hain.
Laptops, Mobile aur Fridge jaise items par 18% GST lagta hai.
Sirf luxury cars aur tobacco jaise "Sin Goods" par 40% ki unchi rate rakhi gayi hai.
Isme ab thoda khatra hai. 1 January 2026 se naya rule aaya hai ki aap koi bhi GST return uski due date se 3 saal ke baad file nahi kar payenge.
Agar aapka 2022 ka koi return bacha hai, toh portal use block kar dega.
Isliye, jitni jaldi ho sake apne purane returns file karein, nahi toh aapka ITC (Input Tax Credit) hamesha ke liye khatam ho jayega.
2026 mein GST portal bahut "smart" ho gaya hai. Agar aapka ITC mismatch hai ya aapne GSTR-2B se zyada credit lene ki koshish ki hai, toh portal aapka return block kar dega.
Iske alawa, agar aapne apna Bank Account update nahi kiya hai, toh aapka registration "Auto-Suspend" ho sakta hai. Pehle portal sirf warning deta tha, ab "Hard Validation" (direct block) kar deta hai.
Haan, bilkul zaroori hai. Online bechne ke liye turnover chahe ₹1 hi kyu na ho, GST registration mandatory hai.
Lekin 2026 mein ek achhi khabar ye hai ki chhote sellers (jinka turnover ₹5 crore se kam hai) ke liye registration process ko bahut aasaan (Simplified Scheme) kar diya gaya hai.
test
GST (Goods and Services Tax) is a single indirect tax levied on the supply of goods and services across India. It has replaced multiple taxes like VAT, excise, and service tax, making compliance easier. For businesses, GST ensures smoother trade, uniformity in taxation, and transparency.
Any business with an annual turnover above:
-
₹40 lakh (goods) or ₹20 lakh (services) in most states
-
₹20 lakh (goods) or ₹10 lakh (services) in special category statesAlso, e-commerce sellers, interstate suppliers, and certain service providers must register regardless of turnover.
GST has multiple slabs – 0%, 5%, 12%, 18%, and 28%. Some items attract a higher rate of 40% (luxury/sin goods). For the latest GST updates (like recent GST 2.0 rate changes on cars & bikes), check our updates section
Monthly: GSTR-1, GSTR-3B (for most taxpayers)
Quarterly: For small taxpayers under QRMP scheme
Annually: GSTR-9 and, if applicable, GSTR-9C
Late fee: ₹50 per day (₹20 for nil return) subject to a cap
Interest: 18% per annum on tax liability
Non-compliance may also lead to notices from the department.
An E-Way Bill is mandatory for movement of goods worth more than ₹50,000 within or across states. It ensures transparency in supply and prevents tax evasion.
Yes ✅. Our experts specialize in replying to departmental notices, representing clients before GST authorities, and handling appeals effectively.
Yes. We act as your Virtual CFO, handling GST, taxation, financial planning, compliance, and business strategy—without the cost of a full-time CFO.
PAN of the business/owner
Aadhaar of proprietor/partners/directors
Business address proof (rent agreement/ownership docs)
Bank account details
Photographs and authorization letter (if applicable)
Claim Input Tax Credit (ITC) correctly
Ensure invoices are GST-compliant
File returns on time to avoid ITC blockage
Use exemptions and composition scheme (if eligible)
From 22nd September 2025, GST on small cars and two-wheelers has been reduced to 18%, while luxury cars are now taxed at 40%. Read our full article here.
💡 Our GST experts are here to guide you. Whether it’s registration, return filing, GST audits, or notices, we make compliance simple.
👉 Contact TechTax Solutions today and experience hassle-free GST services.
Bilkul nahi! 56th GST Council meeting ke baad system ko kaafi simple kar diya gaya hai. Ab adhikatar (mostly) items par sirf do hi main slabs hain: 5% aur 18%.
Rozmarra ki cheezein jaise packaged food, namkeen, aur toothpaste ab 5% slab mein hain.
Laptops, Mobile aur Fridge jaise items par 18% GST lagta hai.
Sirf luxury cars aur tobacco jaise "Sin Goods" par 40% ki unchi rate rakhi gayi hai.
Isme ab thoda khatra hai. 1 January 2026 se naya rule aaya hai ki aap koi bhi GST return uski due date se 3 saal ke baad file nahi kar payenge.
Agar aapka 2022 ka koi return bacha hai, toh portal use block kar dega.
Isliye, jitni jaldi ho sake apne purane returns file karein, nahi toh aapka ITC (Input Tax Credit) hamesha ke liye khatam ho jayega.
2026 mein GST portal bahut "smart" ho gaya hai. Agar aapka ITC mismatch hai ya aapne GSTR-2B se zyada credit lene ki koshish ki hai, toh portal aapka return block kar dega.
Iske alawa, agar aapne apna Bank Account update nahi kiya hai, toh aapka registration "Auto-Suspend" ho sakta hai. Pehle portal sirf warning deta tha, ab "Hard Validation" (direct block) kar deta hai.
Haan, bilkul zaroori hai. Online bechne ke liye turnover chahe ₹1 hi kyu na ho, GST registration mandatory hai.
Lekin 2026 mein ek achhi khabar ye hai ki chhote sellers (jinka turnover ₹5 crore se kam hai) ke liye registration process ko bahut aasaan (Simplified Scheme) kar diya gaya hai.
test