Hello Everyone, for someone planning to start a web hosting, IT service business what would be the answers to:
1. GST registration can be done from a Trade license only? or a company formation is required?
2. If goods / services are bought after paying GST to someone but for internal-business consumption then will Input Tax Credit be applicable?
3. If GST is paid to buy goods / services and then those products are marked up with additional services / without any additional services (pure resale) then Input Tax Credit can be claimed through Customer?
4. Even if there is no sale initially during the first 6months then also monthly GST filing mandatory?
Please help.
CAclubindia
