Direct Tax
Consulting
ESG Advisory
Indirect Tax
Growth Advisory
Internal Audit
BFSI Audit
Industry Audit
Valuation
RBI Services
SEBI Services
IRDA Registration
AML Advisory
IBC Services
NBFC Compliance
IRDA Compliance
Finance & Accounts
Payroll Compliance Services
HR Outsourcing
LPO
Fractional CFO
General Legal
Corporate Law
Debt Recovery
Select Your Location
A taxable person who is supplying goods or services from outside India and does not have a permanent business establishment in India, every such person is required to obtain GST Registration and file online GSTR-5 Return through GST Portal.
A Foreign entity or person supplying goods from outside India and does not have a permanent business establishment in India and then it should get registered with GSTas non-resident taxable person and file GSTR-5 within a period of 7 days after the date of expiry of registration or every month before 20th of the following month in case registration has not been expired.
Every non-resident taxable person is required to file online GSTR-5 return through GST Portal. Return can be filled directly by logging to GST Portal or GST Facilitation Centre. In this return, the foreign taxable person has to provide the details of an inward and outward supply in the Indian Territory. On the basis of information submitted in the return, there shall be an auto calculation of tax, interest or penalty etc.
Non-Resident foreign taxpayers are supplying goods from outside India or coming to India for very short term and do not have a permanent business establishment in India, they shall be required to register under GST laws and make payment of taxes and file return in accordance with GST Laws. A foreign taxable person has to pay advance GST based on the estimated turnover for a time-period (90 days).
Non-resident taxable person mandatorily needs to file the Tax returns in GSTR-5 for his registration period in India on the specified due dates.
Once this form is filed:
It may be noted that if you delay in filing GSTR-5, you shall be liable to pay interest and late fee. Therefore, file GST return on time and in case of any GST related query, contact Enterslice.
Read our article: GST for Companies under CIRP as per IBC, 2016
The insurance industry is on the edge of a transformative era. As we enter 2024, technological...
The Indian Cybercrime Coordination Centre reported a rise in digital financial fraud, which has...
During its 203rd meeting on 25th November 2023, the Securities and Exchange Board of India (SEB...
If you want to expand your portfolio beyond standard stocks and bonds, Alternative Investment F...
NBFCs in India encounter significant challenges related to the compounded effects of outstandin...
Are you human?: 7 + 1 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
With the introduction of GST, Goods and Services Tax, the indirect taxation system like VAT (Value added Tax), exci...
01 Mar, 2021
The President formed the GST Council in compliance with Article 279A (1) of the amended Constitution. The GST Appel...
30 Mar, 2024