Paying excess tax is common due to over-deduction of TDS, advance tax miscalculations, or errors in return filing. Claiming the refund correctly and on time is essential to avoid delays or missed refunds.
PROBAY provides end-to-end Tax Refund Assistance Services for individuals, professionals, and businesses across India. We help you identify eligible refunds, file accurate claims, and follow up with the Income Tax Department to ensure you receive your money without hassle.
Focused on smart investing and sustainable growth, this blog explores market movements, financial strategies...
GST rates are divided into the following slabs based on HSN/SAC classification. The applicable rate depends on the nature of goods or services supplied.
Focused on smart investing and sustainable growth, this blog explores market movements.
Focused on smart investing and sustainable growth, this blog explores market movements, financial strategies...
Focused on smart investing and sustainable growth, this blog explores market movements, financial strategies, and risk management principles that support confiden.....
Focused on smart investing and sustainable growth, this blog explores market movements, financial strategies...
/ lifetime · No credit card required
Focused on smart investing and sustainable growth, this blog explores market movements, financial strategies, and risk management principles that support confident decision-making and long-term wealth creation.
FSMS, or food safety management system, helps food businesses ensure safe and hygienic food. This blog explains the FSMS full form, its purpose, documents required, and implementation process for food businesses in India.
The CGST Act 2017 is a type of Indian law. This governs the collection and levy of ...
MSME Udyam Registration is a free and paperless online process to officially ...
A definition of a company in Law determines a legal entity. It is created by an individual...
FSSAI license is mandatory for all food businesses in India. Learn about registration process, documents required, and compliance...
Protect your brand identity with trademark registration. Complete guide on application process, documents, and timeline...
Everything you need to know about SEBI registration for investment advisers, research analysts, and portfolio managers...
Find questions and answers related to the registrations, tax filings, updates, and support.
GST registration is the process of enrolling under GST law to obtain a GSTIN, enabling legal tax collection and ITC claims.
GST registration is compulsory for businesses with annual turnover exceeding ₹40 lakh (₹20 lakh for service providers) and for certain categories like inter-state suppliers, e-commerce sellers, and those liable under reverse charge.
Yes, businesses can voluntarily register for GST even if their turnover is below the threshold limit. Voluntary registration provides credibility and allows claiming Input Tax Credit.
Yes, freelancers and consultants must register for GST if their annual turnover exceeds ₹20 lakh. Voluntary registration is recommended for credibility even below the threshold.
Yes, GST registration is mandatory for all e-commerce sellers regardless of turnover if they sell through platforms like Amazon, Flipkart, Meesho, or their own website.
The GST turnover limit is ₹40 lakh for goods suppliers and ₹20 lakh for service providers. For special category states, the threshold ranges between ₹10-20 lakh.
Non-filing of GST returns may result in penalties, interest on late payment, and suspension of GSTIN. As per Section 122 of the CGST Act, penalty of ₹10,000 or 10% of tax due (whichever is higher) may apply.
GST registration typically takes between 2 to 6 working days after submission of all required documents. The process involves application verification, document validation, and GSTIN issuance by the tax authorities.