Benefits of GST Registration:

A registration certificate will be given to every registered entity as a supplier of goods or services. In India, the main advantage of GST is the ease of doing business. You will get 100% input tax credit paid on the purchase of goods from any of the states in India. A registered entity shall be legally authorized to collect tax on the sale and pass the credit of taxes paid on the goods supplied to purchasers or recipients.

Goods and Service Tax rates:

Rates under GST will depend upon the type of goods and services. Currently, the slab rates are 5%, 12%, 18% and 28%. The rate for gold is 3% and 0.25% for rough stones.

Central Goods and Service Tax & State Goods and Service Tax: GST will have a central component (Central Goods and Services Tax or CGST) and a state component (State Goods and Services Tax or SGST). Inter-state transactions will attract the Integrated Goods and Services Tax (IGST) which will be levied by the center.

Key point of our GST Advisory Services:

1. Business Model Optimization for hassle-free GST compliance GST Input & Output tax consulting Develop and provide multi-jurisdictional GST regulations,
2. Implementation, and training Developing business transformation
3. Advisory on configuring CRM systems as per GST Act & Rules.
4. Training your finance team for GST Transaction flow developing legal, finance and tax structures in your organization.
5. Government relations support & Compliance management
6. Support Companies with audits by government / GST Authority
7. Appeal before GST Appellate authority
8. Annual GST Compliance report to Board of directors