What is GST – Goods and Services Tax
The introduction of Goods and Services Tax (GST) would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax, it would mitigate cascading or double taxation in a major way and pave the way for a common national market. From the consumer point of view, the biggest advantage would be in terms of a reduction in the overall tax burden on goods, which is currently estimated to be around 25%-30%.
About Us:-
Singla Pawan Associates is GST Consultants in Chandigarh, which
is fully involved in GST Service in Chandigarh at
an affordable price. Did you know how to file goods and services tax
returns? Is your industry is ready to file GST returns or not? At SPA we
will help you to file Goods and services tax returns for your business.
Since GST is set to replace all indirect taxes, we have started this process to
giving information about GST and Return rules for goods and services
tax.
Goods
and services tax implementation is about to travel sleep in 2017, utterly
reconstructing India’s taxation system. below the new product and services
legal system, GST registration is needed for all businesses concerned within
the shopping for or commercialism services rise higher than Rs.10 lakhs a year
in hill states and north-eastern states, whereas the limit is Rs. twenty Lakhs for
all of Republic of India. All enterprises having GST registration would be
needed to file product and services tax returns. GST come filing is required
for all registered entities impartial of if there was any sale throughout the
come filing amount.
Under the GST law, a taxpayer will be required to file one annual return and
three monthly returns. Singla Pawan Associates is
one of the Best GST Consultants in Chandigarh as
well as Chartered Accountants in Chandigarh.
Contact Us:
SCO 234, Second Floor
Sector-40D, Chandigarh-160036
Call Now: 98141-22754
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