GST Consultants

Doing justice to the stellar reputation of ours, we offer our esteemed clients a varied range of services of GST Consultants services. We do our best to meet our clients exact needs. Our service is widely appreciated for its trustworthiness. Our well-trained staff provides consultation to the clients regarding the matters concerned to GST. The service is provided as per the stipulation given by clients. Apart for that, our service is highly treasured among our clients for quick response and execution.

Additional Information : As the name suggests, it is a tax levied when a consumer buys a good or service. It is meant to be a single, comprehensive tax that will subsume all the other smaller indirect taxes on consumption like service tax, etc. This is how it is done in most developed countries. A major change like GST requires a constitutional amendment, which requires a bill to be passed in both houses of Parliament. The GST constitutional amendment bill was passed in the Lok Sabha in May this year. It has been held up in the Rajya Sabha due to objections being raised by the Opposition regarding the Bill as well as issues with no direct connection to GST. Benefits of GST For the Centre and the States According to experts, by implementing the GST, India will gain $15 billion a year. This is because it will promote more exports, create more employment opportunities and boost growth. It will divide the burden of tax between manufacturing and services. For individuals and companies In the GST system, taxes for both Centre and State will be collected at the point of sale. Both will be charged on the manufacturing cost. Individuals will be benefited by this as prices are likely to come down and lower prices mean more consumption, and more consumption means more production, thereby helping in the growth of the companies. Items not under GST Alcohol, petroleum products