GST Registration Consultants

Before 1st July 2017 VAT, a state level tax was system was followed in India, however, effective 1st July 2017, GST an indirect tax module in India for goods and services was introduced. Being a new taxation system not many are experts at understanding or filing it. Businesses need constant guidance to help them file GST the correct way. GST registration consultants in Vishrantwadi, Pune are professionals who assist enterprises to register for GST and file it promptly.

What is GST?

In layman term GST is an indirect tax system for goods and services. The GST council has over 1300 goods and 500 services under 4 slabs of GST. The four slabs of GST are divided as 0%, 5%, 12%, 18%, and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST but taxed separately by the individual state government. To get more details connect with Vishrantwadi, Pune GST registration consultants.

Importance and Benefits of GST

GST registration consultants Vishrantwadi Pune has, are experts who assist register and file GST. GST is an essential tax module for all goods and service providers. It is important for smooth and legal working of business or service, a PAN India tax system which makes it easier for the government to charge different suppliers of goods and services based on their total sale for a particular year. GST is also a much simpler taxing system than the previously used VAT system. Read the following are a few of the many benefits of GST.