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GST Registration & Return Filing

GST Registration & Return

Under Goods and Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person. It is called GST registration. For certain businesses, registration under GST is mandatory. All GST registered businesses have to file monthly or quarterly GST returns and an annual GST return based on the type of business. These GSTR filings are done online on the GST portal.

1. GST eliminates the cascading effect of tax
2. Higher threshold for registration
3. Simple and easy online procedure of return filing
4. Lesser compliances
5. Tax credit on purchase

For more details please contact us

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