GST is the Goods and Services Tax, a value-added tax imposed on most goods and services sold for domestic consumption.

GST was introduced in India on July 1, 2017.

The final consumer is responsible for paying GST, but it is collected and remitted to the government by businesses at each stage of the supply chain.

GST rates in India range from 0% to 28%. Essential goods and services are taxed at lower rates, while luxury and sin goods are taxed at higher rates.

No, some goods and services are exempt from GST, such as agricultural produce and medical services.

To register for GST in India, a business must apply online through the GST portal, provide details of its business and tax history, and obtain a GSTIN number.

GST return must be filed monthly or quarterly, depending on the turnover of the business. The return must include details of sales, purchases, tax collected, and tax paid during the relevant period. The return can be filed online through the GST portal.

Penalties for non-compliance with GST rules can include fines and interest charges, as well as prosecution and imprisonment in severe cases.

ITR stands for Income Tax Return, a form filed by individuals and businesses to report their income and taxes paid to the Indian government.

All individuals and businesses with taxable income are required to file ITR in India.

For individuals, the due date for filing ITR is usually July 31st of the assessment year. For businesses, the due date can vary based on the type of business and turnover.

ITR can be filed online through the Income Tax Department's e-filing portal or through a tax professional. The form must include details of income, expenses, and taxes paid.

Failure to file ITR can result in fines, penalties, and prosecution. In addition, non-filing of ITR can also negatively impact an individual's credit score.

Penalties for incorrect ITR filing can include fines, interest charges, and prosecution. In some cases, the income tax department may also disallow certain claims and exemptions.

Yes, an individual or business can revise their ITR within a specified time frame after the original filing.

Documents required for ITR filing include TDS certificates, bank statements, investment proofs, and salary slips, among others. The exact list of required documents can vary based on the individual's income and financial situation.

The AD Code (Authorized Dealer Code) is a 14-digit code issued by a bank. It is mandatory for exporters and importers to register this code with customs for processing shipping bills and smooth international trade operations.

Both importers and exporters need an AD Code to ensure their shipping bills are processed and linked with the ICEGATE platform.

AD Code registration is essential for:

• Smooth customs clearance.
• Linking shipping bills with the ICEGATE system.
• Receiving export incentives like Duty Drawback or GST refunds.

The required documents typically include:

• PAN Card of the business.
• IEC (Import Export Code) certificate.
• Bank certificate with AD Code details.
• Business letterhead for application.
• Authorization letter (if applicable).

You can follow these steps:

1. Obtain the AD Code from your bank.
2. Gather necessary documents.
3. Submit your application to customs through the ICEGATE platform.
4. Once approved, the code is linked with your IEC for customs clearance. 

At Jha Associates , we understand the complexities of AD Code registration and ensure a 100% approval rate for our clients. Here's why you should let us handle it:

• 🕒 Quick Turnaround: Get your AD Code registered in as little as 5–7 working days.
• 📑 Error-Free Documentation: Avoid rejections caused by incomplete or incorrect paperwork.
• 🎯 Expert Assistance: Our team of customs consultants guides you at every step.
• 💯 Guaranteed Results: Seamless and guaranteed approval, so you can focus on growing your business.

👉 Get in touch today for professional AD Code registration services!

The process typically takes 2-7 working days, depending on the completeness of your documents and the efficiency of the customs office.

If rejected, review the reason provided by customs, correct any errors in your application, and resubmit with the necessary adjustments. 

At Jha Associates , we understand the complexities of AD Code registration and ensure a 100% approval rate for our clients. Here's why you should let us handle it:

• 🕒 Quick Turnaround: Get your AD Code registered in as little as 5–7 working days.
• 📑 Error-Free Documentation: Avoid rejections caused by incomplete or incorrect paperwork.
• 🎯 Expert Assistance: Our team of customs consultants guides you at every step.
• 💯 Guaranteed Results: Seamless and guaranteed approval, so you can focus on growing your business.

👉 Get in touch today for professional AD Code registration services!