What is GST reversal?
GST reversal means repaying input tax credit (ITC) if conditions aren’t met, like using inputs for exempt supplies. Ensure compliance with GST registration in Chennai.
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https://www.solubilis.in/g...
GST reversal means repaying input tax credit (ITC) if conditions aren’t met, like using inputs for exempt supplies. Ensure compliance with GST registration in Chennai.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
06:28 AM - Mar 27, 2025 (UTC)
Can I claim GST on a car purchase?
GST on a car purchase can be claimed only if used for business like taxi services, driving schools, or rentals. Ensure compliance with GST registration in Chennai.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
GST on a car purchase can be claimed only if used for business like taxi services, driving schools, or rentals. Ensure compliance with GST registration in Chennai.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
06:28 AM - Mar 27, 2025 (UTC)
What happens if seller does not pay GST?
If a seller with GST registration in Chennai does not pay GST, they face penalties, interest, and legal action. Ensure compliance with Online GST registration in Chennai.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
If a seller with GST registration in Chennai does not pay GST, they face penalties, interest, and legal action. Ensure compliance with Online GST registration in Chennai.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
07:24 AM - Mar 17, 2025 (UTC)
Who is eligible for ITC in GST?
Businesses with GST registration in Chennai can claim ITC on purchases used for taxable supplies, provided they have valid invoices and GST-paid inputs.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
Businesses with GST registration in Chennai can claim ITC on purchases used for taxable supplies, provided they have valid invoices and GST-paid inputs.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
06:28 AM - Mar 27, 2025 (UTC)
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What is rule 42 in GST?
Rule 42 requires taxpayers with GST registration in Chennai to reverse common credit for exempt or non-business use, while specific credit remains unaffected.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
Rule 42 requires taxpayers with GST registration in Chennai to reverse common credit for exempt or non-business use, while specific credit remains unaffected.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/g...
07:25 AM - Mar 17, 2025 (UTC)