Gst Affidavit: Fill & Download for Free

Go to GST portal and register for a GST number. Make sure to register yourself as individual. That way your Pan Card and Aadhar would be sufficient. You should also have a bank account. It doesn’t need to be Current Account, savings would do just fine.You will also need electricity bill/property tax/water bill in your name of the property that you will use as Place of Business. If you are on rented place then just attach the electricity bill along with a NOC affidavit in name of landlord that he allows you to carry out business activities and that this affidavit can be used to obtain GST number.

Cancellation of any GST number shall require an affidavit to the effect that no transaction has been made in the GST registration number. In case of transaction of any type, the GST officer may ask for inspection of books if accounts, bank statement, invoice copies, calculation of input and output GST Credit and GST payment details.Only on getting satisfied, the GST officer shall recommend cancel GST registration of a dealer who has requested for it.

Google ImagesMr Swami is right but the government has its own vested interests. No Indian politician wants to be seen as pro rich , they want to be seen as pro poor , socialist and so on .Recall “ Suit Boot Ki Sarkar ” jibe against PM Modi by Rahul Gandhi[1][1][1][1] , who himself was showing his torn Kurta pocket as a sign of poverty, though he owns declared and understated assets of Rs 8 Crores[2][2][2][2] .Late Arun Jaitley , the Finance Minister who presented 5 budgets had declared assets of Rs 110 Crores[3][3][3][3] , Current HM Amit Shah has declared assets of 30 crores[4][4][4][4] , arrested ex FM P. Chidambaram and his son’s assets are not known , they are so hidden to assess.And we expect these super rich politicians to do away with income tax . It is also a big tool for harassment of political or other kind of adversaries.So, despite its many advantages of scrapping income tax, they even avoid raising the income tax exemption limit.To engage public from this torture , government comes out with new promises . In 2011 , it came with a new direct tax code . It was made by same Income tax people who are known to complicate the things . They came with 400 page , 208 sections and 22 schedules as replacement of old 1961 Income Tax Act [5][5][5][5] . It was presented by Mr Pranab Mukherjee as FM in Loksabha in 2011 but then it went to dustbin because it was old wine in new bottle made by same people.Now this government has again came with a new Income Tax Code[6][6][6][6] for which a bulky report has been submitted few days back.I am sure , this will be again same thing in new garb , aimed at harassing the honest middle class tax payers , instead of simplifying the tax issues for growth of economy . As long as same bureaucrats are part of creating the Act , it can never be different.Actually our Constitution does not impose any restriction on amount of tax to be levied on public and also there is no limit for debts . So while government preaches savings to public , it itself believes in deficit budget, to impose more taxes on existing tax payers.Now when Government has tightened the tax noose around businesses by applying GST , old established industrialists and businessmen have slowed down their activities because they are accustomed to doing business without paying actual taxes .The goverments which never care for salaried people , becomes quite worried for investors industrialists and businessmen and immediately tax rates are cut , concessions, stimulus packages are announced[7][7][7][7] .I had written this earlier in March 2016 before GST implementation in July 2017[8][8][8][8] :In my view , if income tax is paid by only 4% population , it needs to be scrapped or exemption limit should be raised to Rs. 1 crore . It is injustice largely to service class , which suffers most because of TDS provisions while business class has all means to avoid it .In my 24 years service , I paid personal income tax , which if saved in equity / land , would have become more than 5 crores . My acquaintance and relatives who started 10 years later in business had all luxuries of life as they never had to pay any income tax and invested all surplus money in land and became crorepati in 10 years .So , this unfair tax needs to be stopped , if govt is failing since last 70 years to extract income tax from business class .There can be many ways to recoup the income tax earnings for govt.Assuming that 3 % people i.e. roughly 3.5 crore people pay 3.50 lakh crore income tax , it comes about Rs. 1 lakh per income tax payee . Out of that about 20% is spent in running Income tax department's salaries and other expenses . so net gains to government would be about Rs. 80000/- per year per person . Many economists and Mr. Subramaniam Swami has also advocated the scrapping of personal income tax or levying it only on super rich .Alternately , govt. can earn much more money by going for presumptive tax if one owns a house beyond certain floor area , car , gold , shares , agricultural or urban land beyond minimum threshold , govt. can get much more revenue because one cannot hide house , land , vehicles .A bank transaction tax of Rs 1 per transaction or entry to Malls , hotels , restaurants can give more money than the current revenue from income tax .But I think these suggestions are already implemented via service tax .See following data on service tax growth : Source Service TaxIt was more than 2,10,000 lakh crores last year and has yearly growth of more than 15% and Service tax has now become 18% in GST , so it is contributing more than 5 lakh crores now , growing at 15% per annum.Google Images​The only issue is that business persons are extracting service tax ( now GST) on each transaction but not paying it to government by showing turn over less than 10 lakh exemption limit .I have personally inquired and found that they pay a nominal presumptive fixed tax ( Composition Scheme in GST) while recovering GST from everyone on huge turnover and showing it on thermal paper receipt only .It is biggest scam in India by amount , done in connivance with tax officials , just like VAT in states . You can see the total number of establishments paying service tax as 17 lakh, which is way less than actual .Removing such ceiling on service tax turnover and strict compliance of service tax can give more than twice the current income tax revenue . All citizens should be given a Whatsapp number where they can upload receipts of restaurant payments indicating payment of service tax , so that all establishments pay the levied income tax to govt after turnover exemption is withdrawn .I think govt. can go for scraping income tax or raise ceiling of income tax to Rs. 1 crore and do away with income tax corruption, tax terrorism for everyone, which benefits only income tax department staff , CAs , lawyers and wastes millions of hours of middle class people, senior citizens in filing of return and getting refund of over deducted taxes .It will leave more money in hands of service class, who form majority in income tax payments because of TDS and that will spurt real growth in economy , so service tax collection increase will compensate the income tax revenue .Finally , I believe that most tax money is going down the drain if it is being used for fulfilling absurd political promises to win elections like free Laptop, TV , WiFi etc rather than developing roads , railways and power infrastructure . So , tax utilization is bigger issue than tax collection .If you read 1961 Income Tax Act, it has ridiculous , outdated provisions for tax filing and CBDT adds more salt to injury by naming IT return forms as Saral , Sugam , Sahaj etc while making the forms lengthier with each column writing section of IT Act , which you need to Google to understand or go to a CA.In current ITR 3 return form, anyone who earns a business income above Rs 250000 annually , needs to file detailed balance sheet , profit and loss account and keep 6 different registers for ledger , bill book , customers etc along with receipt of any expenses worth more than Rs 50 . These are to be preserved for next 6 years for inspection of IT officer. Obviously that will need services of an accountant. Does a peon in govt service drawing more than Rs 250000 annually require to do it ? These limits are not deliberately raised for 10 years while government salary gets doubled in same period.They cannot increase even this limit to a respectable limit say Rs 5 lakh , for small businesses , so economy will be doomed and people will be forced to transact in cash.With CGST alone mopping up more than Rs 50000 crores and excise on petrol of equal amount every month , there is no need to impose income tax on income above Rs 250000 per annum . Income Tax exemption limit should be made above 1 crore to save Indians from this paperwork drudgery and tax terrorism.Unfortunately , government controlled by politicians has unlimited appetite to spend tax and borrowed money for the ever growing list of useless scheme for vote grabbing , so it is not going to happen in future.We do not see the fact that most of the MPs are millionaire before joining politics and they join it to become billionaires and they do not care for people harassed by these taxes[9][9][9][9] :total of 475 members of the new Lok Sabha are 'crorepatis' with Madhya Pradesh Chief Minister Kamal Nath's son Nakul Nath topping the list, the Association of Democratic Reforms said Sunday.The ADR arrived at the figure of 'crorepati' MPs after analysing the affidavits on assets and liabilities of 539 new MPs.The ADR said it was unable to access affidavits of three of the 542 new MPs -- two of the BJP and one of the Congress. The BJP won 303 seats in the 17th Lok Sabha and the Congress 52.Elections were held for 542 of the 543 Lok Sabha seats. The election for Vellore Lok Sabha seat had been cancelled by the Election Commission of India, citing abuse of money power. A fresh date is yet to be announced. Two members of the 545-strong House are nominated.Out of the 301 new BJP MPs, whose affidavits were examined, 265 (88 per cent) were found crorepati, while all 18 winners of its NDA partner Shiv Sena had assets exceeding Rs one crore.In the Congress, 43 out of its 51 MPs (totalling 96 per cent) were fund to be 'crorepati'.Similarly, 22 (96 per cent) out of 23 DMK MPs, 20 (91 per cent) out of 22 of the Trinamool Congress MPs and 19 (86 per cent)out of 22 YSR Congress MPs had assets exceeding Rs one crore.The top three crorepatis MPs are from the Congress, the ADR said.Nath, who won from Chhindwara, Madhya Pradesh, has declared assets worth Rs 660 crore, followed by Vasanthakumar H from Kanniyakumari, Tamil Nadu (Rs 417 crore) and D K Suresh from Bengaluru Rural, Karnataka (Rs 338 crore).The average of assets per winner in the Lok Sabha elections is Rs 20.93 crore.There are 266 members in the new Lok Sabha whose assets are Rs 5 core or above.The number of crorepati MPs elected in 2009 Lok Sabha elections was 315 (58 per cent) and 443 (82 per cent) in the 2014.So, rest assured that Kashmir and Ram Janmabhoomi issue may get resolved finally but this is not going to happen anytime .You may see this answer also Yashas Shukla (यशस शुक्ल)'s answer to How long will the 2020 economic recession last? How will it affect the Indian economy?Yashas Shukla (यशस शुक्ल)'s answer to What would you have done if you were India’s finance minister to revive the economy amidst the slowdown in 2019?Footnotes[1] Rahul Gandhi tears into Modi's 'suit-boot ki sarkar' | India News - Times of India[1] Rahul Gandhi tears into Modi's 'suit-boot ki sarkar' | India News - Times of India[1] Rahul Gandhi tears into Modi's 'suit-boot ki sarkar' | India News - Times of India[1] Rahul Gandhi tears into Modi's 'suit-boot ki sarkar' | India News - Times of India[2] Rahul Gandhi owns commercial property worth Rs 8.75 crore, agri land worth Rs 1.32 crore, Rs 40,000 cash in hand[2] Rahul Gandhi owns commercial property worth Rs 8.75 crore, agri land worth Rs 1.32 crore, Rs 40,000 cash in hand[2] Rahul Gandhi owns commercial property worth Rs 8.75 crore, agri land worth Rs 1.32 crore, Rs 40,000 cash in hand[2] Rahul Gandhi owns commercial property worth Rs 8.75 crore, agri land worth Rs 1.32 crore, Rs 40,000 cash in hand[3] Arun Jaitley declares assets worth Rs 110 crore that include luxury cars, bungalows[3] Arun Jaitley declares assets worth Rs 110 crore that include luxury cars, bungalows[3] Arun Jaitley declares assets worth Rs 110 crore that include luxury cars, bungalows[3] Arun Jaitley declares assets worth Rs 110 crore that include luxury cars, bungalows[4] Amit Shah declares assets worth Rs 30.5 crore - Times of India[4] Amit Shah declares assets worth Rs 30.5 crore - Times of India[4] Amit Shah declares assets worth Rs 30.5 crore - Times of India[4] Amit Shah declares assets worth Rs 30.5 crore - Times of India[5] https://www.incometaxindia.gov.in/Documents/direct-tax-code-2010.pdf[5] https://www.incometaxindia.gov.in/Documents/direct-tax-code-2010.pdf[5] https://www.incometaxindia.gov.in/Documents/direct-tax-code-2010.pdf[5] https://www.incometaxindia.gov.in/Documents/direct-tax-code-2010.pdf[6] Direct Tax Code: Government proposes to overhaul taxation system; here is how new rules will affect you - Firstpost[6] Direct Tax Code: Government proposes to overhaul taxation system; here is how new rules will affect you - Firstpost[6] Direct Tax Code: Government proposes to overhaul taxation system; here is how new rules will affect you - Firstpost[6] Direct Tax Code: Government proposes to overhaul taxation system; here is how new rules will affect you - Firstpost[7] How will the stimulus package impact different sectors[7] How will the stimulus package impact different sectors[7] How will the stimulus package impact different sectors[7] How will the stimulus package impact different sectors[8] Yashas Shukla (यशस शुक्ल)'s answer to Is it true that a taxpayer pays more than an evader even after the fine?[8] Yashas Shukla (यशस शुक्ल)'s answer to Is it true that a taxpayer pays more than an evader even after the fine?[8] Yashas Shukla (यशस शुक्ल)'s answer to Is it true that a taxpayer pays more than an evader even after the fine?[8] Yashas Shukla (यशस शुक्ल)'s answer to Is it true that a taxpayer pays more than an evader even after the fine?[9] New Lok Sabha has 475 crorepati MPs: ADR[9] New Lok Sabha has 475 crorepati MPs: ADR[9] New Lok Sabha has 475 crorepati MPs: ADR[9] New Lok Sabha has 475 crorepati MPs: ADR