What is GST?

GST is a tax on goods and services with comprehensive and continuous chain of set­off benefits from the Producer’s point and Service provider’s point Upto the retailer level. It is essentially a tax only on value addition at each stage and a supplier at each stage is permitted to set off through a tax credit mechanism.

Under GST structure, all different stages of production and distribution can be interpreted as a mere tax pass through and the tax essentially sticks on final consumption within the taxing jurisdiction.

Objective behind GST

  • The incidence of tax only falls on domestic consumption.
  • The efficiency and equity of the system is optimized.
  • There should be no export of taxes across taxing jurisdictions.
  • The Indian market should be integrated into a single common market.
  • It enhances the cause of co­operative federalism.

Our comparative discussion will be based only on significant points constructing overall GST.

Our Services in GST

  • Registration/Cancellation
  • Tax Return Preparation
  • Tax Planning
  • Tax Representation