GST Services
The Govt. of India by way of enactment of New Tax i.e. Goods & Services Tax Act known as GST has sub-merged various Central and State Levy into GST – such as Excise Duty, Service Tax, Central Sales Tax, Additional Custom Duty, Special Additional Duty, VAT, Entry Tax, Purchase Tax, Luxury Tax, Entertainment Tax, Octroi, Taxes on lottery, Batting, and gambling apart from CESS and Surcharge. It is single tax regime for whole economy which will convert the whole nation into one market place.
The registration in GST is PAN based and state specific. The supplier has to register in each of such state or union territory from where he effects supply. A person registered in one state is considered “unregistered person” outside the State.
Suri Associates can help with timely planning and ongoing compliance solutions to ensure that you are on right side of the law always. Our team can help you develop or refine your Indirect Tax strategy and address the Indirect Tax implications of most types of business transactions.
This will also help you to reduce costs, minimize risk and at the same time increase confidence that nothing has been missed.