HOW TO PAY GST?-Registration and Procedure

What is GST? GST is one indirect tax for the whole nation, which will make India one unified common Market. GST is on supply of goods and services rather than on production, trading or service rendered. It is destination based tax i.e. it is taxable in state in which goods or services are consumed. It is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. GST Registration and procedure Ø   Every taxpayer should get registered within 30 days of becoming liable for registration however for casual tax payer and non-resident they must get registered within 5 days to prior to the commencement of business. Ø   Taxpayers having single PAN have business in different state have to take registration each state, however if any person have vertical business in ...