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Kerala Goods and Services Taxes DepartmentHandbook for Departments GST THINGS to DO18th July 2017INDEX Page No. 1. Introduction to GST3 2. Features of GST. .5 3. Taxes subsumed in GST. 7 4. Benefits
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How to fill out goods and services tax

How to fill out goods and services tax
01
Gather all the necessary information and documentation
02
Determine your tax registration status
03
Register for goods and services tax (GST) using the designated online portal
04
Fill out the required fields in the GST registration form
05
Provide accurate details of your business activities and turnover
06
Understand the different tax rates and exemptions applicable to your goods or services
07
Calculate and report your GST liability accurately
08
Keep proper records and documentation for future reference and audits
09
Submit your GST returns and payments on time
10
Seek professional assistance or guidance, if required
Who needs goods and services tax?
01
Businesses engaged in the supply of goods or services in a taxable territory
02
Individuals or entities with an annual turnover exceeding the threshold set by the authorities
03
Importers and exporters of goods or services
04
E-commerce operators facilitating the supply of goods or services
05
Anyone operating a casual taxable activity
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What is goods and services tax?
Goods and Services Tax (GST) is a value-added tax levied on most goods and services in Canada.
Who is required to file goods and services tax?
Businesses and individuals who sell goods and services in Canada and meet certain criteria are required to file GST.
How to fill out goods and services tax?
To fill out GST, businesses and individuals need to input information about their taxable supplies, expenses, and credits on the GST return form.
What is the purpose of goods and services tax?
The purpose of GST is to simplify the tax system and ensure that consumption taxes are distributed fairly among all individuals and businesses.
What information must be reported on goods and services tax?
Information such as gross sales, taxable sales, GST collected, GST paid, and input tax credits must be reported on GST returns.
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