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Who needs a GST number?
Who is required to register for GST?
Do small businesses need to register for GST?
How to register a company in GST?
How do I register for GST/HST?
Do I need to pay GST on supplies?
Mar 17, 2024 · Who needs to obtain a GST number? Businesses that meet the threshold limits set by the tax authorities are required to obtain a GST number. This includes manufacturers, service providers, traders, and e-commerce operators.
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- Find out if you have to register for a GST/HST account
- Footnotes
You generally cannot register for a GST/HST account if you provide only exempt supplies .
You have to register for a GST/HST account if both situations apply:
•You are not a small supplier
•You make taxable sales, leases, or other supplies in Canada (unless your only taxable supplies are of real property sold other than in the course of a business)
If you are a selected listed financial institution that is making a reporting entity, consolidated filing or tax adjustment transfer election, see GST/HST Notice 265, GST/HST Registration for Listed Financial Institutions (including Selected Listed Financial Institutions).
Use the following sections to determine if you are a small supplier to find out if you have to register.
Footnote 1
Vehicle registration
Generally, the supply of the registration for the specified motor vehicle would be considered to be made in a particular province if both of the following apply:
•The recipient or someone on their behalf registers the vehicle (other than temporarily) under the laws of the particular province within seven days after the day the vehicle is delivered or made available to the recipient or someone acting on their behalf
•The supplier has satisfactory proof of that registration
Documents the supplier must keep
Invoices - what they must include. Your invoice must include: a unique identification number. your company name, address and contact information. the company name and address of the customer...
Oct 2, 2024 · What is GST number? Why do we need it? How to apply for GST number? Find all such answers here in this article. Read now.
- Business houses in India with a turnover of over 20 lakhs annually need to register for GSTIN. Also, businesses dealing in or manufacturing product...
- You can approach the GST Seva Kendras set up by the Government of India or apply online through the GST portal.
- Yes. GSTIN has been made available free of cost by the Government of India. If you enlist the services of a consultant to help you with the registr...
- The PAN is an alphanumeric number having ten digits. The GSTIN is a fifteen-digit number that includes the ten-digit PAN number in the 3rd to 12th...
- GSTIN is mandatory for the online sale of all products that are eligible for GST taxation, irrespective of what your turnover is.
- Yes, GSTIN can be canceled under the following three scenarios: The taxpayer can request cancellation if they are shutting down their business, if...
- Yes. More than one GSTINs may be applied under the same PAN if The business house is operating in more than one state. When the taxpayer may have t...
When to register for VAT. You must register if either: your total taxable turnover for the last 12 months goes over £90,000 (the VAT threshold) you expect your taxable turnover to go over £ ...
- You must register if: your total VAT taxable turnover for the last 12 months was over £85,000 (the VAT threshold) you expect your turnover to go ov...
- You can usually register for VAT online. You can start charging VAT on your sales and reclaiming VAT on items you bought from your ‘effective date...
- You must keep your VAT registration details up to date. Some changes mean you have to cancel your VAT registration or transfer your VAT registratio...
- You must cancel your registration if you’re no longer eligible to be VAT registered. For example: you stop trading or making VAT taxable supplies y...
- You can transfer a VAT registration if there’s a change of business ownership or legal status. For example, if: you take over a company and want to...
- What you need to do depends on whether you’re selling goods or services and where you’re selling from. If you sell goods from Northern Ireland to t...
- You need a VAT number starting with XI to trade under the Northern Ireland Protocol. You are eligible to operate under the terms of the Northern Ir...
A TIN is a unique number (or combination of letters and numbers) in a specified format issued by a jurisdiction for the purposes of identifying individuals and entities for tax purposes.
GST is paid by consumers but is remitted to the government by the businesses selling the goods and services. Like Value Added Tax (VAT), companies may be required to register for GST depending on the country they are trading in.
