GST REGISTRATION

ABOUT GST REGISTRATION

Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. This is a destination  tax levied on the consumption of goods and services. It is proposed to be levied at all stages, from production to final consumption, with a tax credit  paid at earlier stages  as compensation. In short, only the value added is taxed and the end consumer has to bear it.The Tax came into effect on July 1, 2017 thanks to the Indian government's implementation of the Hundred and First Amendment to the Constitution of India. This tax has replaced many existing central and state government taxes. Tax rates, rules and regulations are governed by the GST Council, which consists of the  central and statewide finance ministers. The GST aims to replace a series of indirect taxes with a single unified tax and is therefore expected to reshape the country's economy by $2.4 trillion. GST  rates vary from 0%- 28 depending on the type of service or the nature of the goods your business sells.GST is paid by consumers, but  businesses selling goods and services pay the government. In fact, GST provides revenue to the government.

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  • @ Rs 11999/-
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