GST Archives | Vincyte

Cancellation of GST Registration

Cancellation of GST registration refers to the process by which a taxpayer ceases to be obliged to pay or collect Goods and Services Tax (GST), claim input duty credit( ITC), or train GST returns. The vittles for GST registration cancellation are covered under section...

Refund Under GST

A GST (Items and offerings Tax) refund is a manner that lets in people and businesses to request a reimbursement of the GST they have got paid on certain items and offerings. GST Refunds are applicable to diverse scenarios, such as exports, substances to special...

Eligibility of Input Tax Credit

Eligibility Creteria and Conditions for taking Input Tax Credit (ITC) Input Tax Credit (ITC) means the quantum of duty you paid on your purchase of input goods, service, capital goods, and duty paid under rear charge. also at the time of paying duty on your...

Stock Transfer

Stock Transfer Under GST What is Stock Transfer under Existing Law:- Under Excise As per excise law, we need to pay excise duty on clearance of good from factory or place of business, so if we transfer goods from factory, we need to pay excise duty. Under...