compiled your gst provision on company presentation by solvesto.in

Post on 09-Mar-2021

6 Views

Category:

Small Business & Entrepreneurship

1 Downloads

Preview:

Click to see full reader

DESCRIPTION

ndia is gearing up to witness a major renovation to its taxation structure with the Launch of Goods and services Tax. The implementation of GST will help create a common Indian market and reduce the cascading effect of tax on the cost of goods and services. GST is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. The Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017.

TRANSCRIPT

By: Solvesto.inWe offer GST, Trademark & MSME Registration at affordable prices

Complied Your GST Provisions on Company

GST is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. The Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017.In other words, GST is levied on the supply of goods and services. Goods and Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. It is a single domestic indirect tax law for the entire country.

What is GST ?

Who Should Register for GST?Every GST registration holder needs to file GST Returns monthly and annually depending upon the nature of Business and turnover. GSTR-1 return must be filed every month by businesses having annual revenue of over Rs.1.5 crores and if business has a yearly revenue of less than Rs.1.5 crores, then it can be filed quarterly. GSTR-3B has to be filed monthly and it includes all the details of purchase and sales. If Dealer / Business have no transaction, taxpayer will have to file the NIL return.

What is GST Registration Process?The Goods And Services Tax (GST) Registration services at Clear Tax helps you to get your business GST registered and obtain your GSTIN.Solesto.in GST experts will guide you on the applicability and compliances under GST for your business and get your business registered under GST.

• PAN of the Applicant• Aadhaar card • Proof of business

registration or Incorporation certificate

• Digital Signature

• Identity and Address proof of Promoters/Director with Photographs

• Address proof of the place of business

• Bank Account statement/Cancelled cheque

• Letter of Authorization/Board Resolution for Authorized Signatory

DOCUMENTS REQUIRED FOR GST REGISTRATION

1. GST Registration2. Monthly GSTR-3 B Filings3. Monthly or Quarterly GSTR-1 Filings4. GST Workings5. GST News Letter6. GST Annual Return

SOLVESTO OFFERED GST PACKAGE INCLUDES

GST Return Filing is compulsory for every Business or Dealer having GST Number. A registered Dealer or Business who files return beyond the prescribed date will have to pay a late fee. In case of Non-filing of GST Returns, penalty will be levied on the basis of GST Law. The late fees will be Rs. 20 per day in case of Nil Filing or only purchase. Penalty of Rs.100 per day (Rs.50/- on CGST and Rs. 50/- on SGST) will be applicable to those who fail to furnish the details of sales. The maximum penalty is Rs. 5000/- for per Return.

PENALTY IF NOT REGISTERING UNDER GST

Contact Solvesto.in Now to Get Your GST Registration Done.

Contact Now!

IMPORTANT LINKS TO VISIT

Solvesto.inSolvesto.in Contact Page

About Solvesto.inSolvesto.in Business Compliance Page

Solvesto.in GST Registration Page

OR VISIT SOLVESTO CONSULTING PRIVATE LIMITED

Our Main Head Office Address 4th Floor, Apollo Premier, Vijay Nagar Square,

Indore -452001Website: www.solvesto.in

Email: Compliance@solvesto.in

THANK YOU!

top related