GST combines all products and services under one roof, unlike VAT and Service tax hence making compliance is easy for the foreigners also.
Input Tax Credit (ITC) can be claimed for taxes paid on purchases and can be utilized for payment of due taxes.
GST is attracted only if the annual turnover of the business is more than Rs 20 lacs or Rs. 10 lacs in certain part of country.
The registration process is same as mentioned in the registration section.
To receive newsletter and
© 2020 Onfilling.com - Powered By ONFILING SERVICES PRIVATE LIMITED