GST CONSULTATION
GST CONSULTATION
GST- Goods and Service Tax Act is new act replaced all state-level sales tax, service tax, and other types of indirect taxes into a single tax. GST registration was made mandatory for all service provider and traders whose gross turnover during the previous financial year was above Rs.20,00,000. Apart from the threshold limit for GST registration requirements below are few instances requiring GST registration.
Everyone may come across confusions and rapid changes in GST rules, GST rates, GST due dates etc. This is inherent nature of any new law because it will take some time to align with practical issues, we help you to comply with GST rules and regulations, GST returns filing requirements, GST registration modification or change, surrender or cancel GST registration, GST account preparation etc.
GST Registration Filling
According to GST rules, it is mandatory for a business that has a turnover of above Rs.40 lakh to register as a normal taxable entity. This is referred to as the GST registration process. The turnover is Rs.10 lakh for businesses that are present in hill states and North-Eastern states. The GST registration process can be completed within 6 working days.
