The Goods and Service tax (GST) as introduced by the government is the culmination of all the indirect taxes to a single tax regime. The roll out of GST is to happen from the financial year 2017-18. GST being a single tax for both goods and services helps to remove all the deficiencies in the current tax structure and the cascading tax effect. Companies or firm or person buying or selling goods or providing services have to register themselves under GST to avail the benefits of input tax credit. GST registration will become mandatory once the company crosses the threshold limit.
The proposed GST is two tiered structure in which the tax would be levied by both the Centre and the State on all services and goods produced, manufactured and imported in India. We at ebizfiling, will make the process of GST registration smooth and easy with support of our professional team, Acquire GST Returns Services, GST Registration Services India, Goods and Service Tax Registration.
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