The Goods and Service Tax or GST has been the leading game changer in the Indirect Tax procedure in India. This new reform has grabbed huge attention from all the businesses.
As of July 1, 2017, GST has replaced the complex CST indirect tax reform to make a uniform marketplace with smooth indirect tax process. GST is the one and only indirect tax for the entire country charged on providing goods and services, from the manufacturer to customers. GST has been effective on all parts of a business like Cash Flows, Tax Accounting, Financial Reporting, pricing, profitability, ERP, supply chain, and others.
Your one-stop solution to all GST issues
The GST or Goods and Services Tax have covered plenty of indirect taxes charged by the states and Central government in a common tax. By including multiple taxes, it has reduced the complexity and removed the harmful effects of different taxes. All the taxes on sale of services and goods are charged by either state or central government under GST regime.
Goods and Services Tax regime requires businesses to file annual, quarterly and monthly returns. Businesses are also required to file audit reports if their turnover is above Rs. 2 Crore annually.
We are offering the following services so you can easily comply with the new tax regime –
Meeting the needs of the target audience is one of the biggest challenges to help them in the GST transition and keep them safe from its implications and impact.
We are here to make our clients prepared for GST to do business in India with the use of following areas of our expertise –