The Goods and Services Tax (GST) has eradicated multiplicity of taxes thereby reducing the complexity and removing the cascading effect of taxes. Present taxes levied on the sale of goods or services by either Central or State Government are embraced under the GST regime. Businesses are required to file monthly, quarterly and annual returns and those with turnover exceeding INR 2 crore will also have to file audit reports.
Our portfolio of services, to comply with this tax regime, comprises of:
- GST Registration: GST registration process under the new GST rules is done through an online portal that is maintained by the Central Government of India.
- GST Returns: GST Act mandates every registered entity to furnish details of its sales and purchases including tax paid and collected thereon by filing GST returns.
- GST Amendments: Once registered as goods and services taxpayer and any alteration required to be made in details of core or non-core fields like change in address, addition of place of business etc., our team can provide assistance.
- GST Audits: Our team perform audits and prepares required audit reports for its clients.
- GST Assessment: Our team assist in whole process of assessment carried out by tax authorities.
- GST Compliances: Our team provides updates on new compliances announced by GST Council.