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What is Goods and Services Tax (GST)?

GST is referred as Goods and Services Tax. GST is a single tax on the supply of Goods and Services, right from the manufacturer to the consumer. Benefits of GST for business and industry—It provide easy compliance, uniformity of tax rates and structures and removal of cascading. Another benefits of GST for central and state government—It provide simple and easy administer , better controls on leak age and highest revenue efficiency . How GST is calculated– The Goods and Services Tax (GST) is computed by simply multiplying the price of Good or services by the GST tax rate.

Goods and Services Tax (GST) includes the following :-

  1. Registration under GST.
  2. Consultancy for maintenance of proper records.
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  4. Consultancy on various issues relating to GST.
  5. Compilation of data of Input Tax credit.
  6. Assistance in availment of notified Exemptions & Refunds.
  7. Utilization and availment of Input Tax credit in accordance with the GST Rules.
  8. Computation of GST Liability.
  9. Preparation and filing Returns.
  10. Getting assessments done.
  11. Appeals under GST.
  12. Advance Ruling Support
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