Consultants for GST Registration in India

Consultants for GST Registration in India



A GST Registration Consultant is a person who provides professional services to assist companies and individuals with their business transformation under the new tax rules. These services include helping companies understand the new law, preparing business plans to accommodate the changes and engaging in constructive dialogue with authorities.

The Goods and Service Tax (GST) in India is a new indirect tax that replaces many existing taxes, such as Value Added Tax (VAT), Excise Duty, and Service Tax. It covers goods and services throughout the country.

The GST registration process in India is an online portal supported by the government. It is a step-by-step procedure and can be carried out by anyone who has an Internet connection. However, it is recommended to seek the guidance of a consultant for better outcomes.

Under the new tax regime, all manufacturers and suppliers of goods and services are required to register under this new form of tax. The new regime has a number of advantages, including elimination of the tax cascading effect and reducing the cost of production.

Initially, the threshold for GST Registration was Rs 20 lakhs for individuals and entities whose aggregate turnover was above this limit. However, with the enactment of the GST Act on 1st April 2019, this threshold has been increased to Rs 40 lakhs.

If you are planning to start a new business in Jaipur, it is important that you follow the compliance requirements, especially the ones related to GST registration. The registration process has been simplified and made easy via online platforms, which has significantly facilitated ease of doing business in the country.

Tel:+917299972500

info@filingpoint.com

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