GST Registration Services - What and Why?

GST is an indirect tax replaced by different indirect taxes in India. It was passed in the year 2017 on 29th March but came into effect on 1st July 2017. Businesses with an annual turnover of Rs. 40 lakhs are liable to be registered as Normal taxable person.

This tax rate is applicable to everyone purchasing the goods and services at the same rate in India. It is pushed to the end consumer through input tax credit mechanism. The registration process generally takes 2- 6 working days.

Just file an application with digital signature or hire well- known GST Registration Services providers or GST Practitioners to get the appropriate guidance. If the purchase is made for a business sale, business can claim input tax credit to remove GST liability.

You can get in touch with Tax experts at Insta C.A. to ease the lengthy process of GST Registration. Proper guidance is available to get you GSTIN in a smooth way. Now, apply anytime for your GST number from any of the Indian cities and see how effortlessly you can receive it.

Why GST Registration?

• Saves you from multiple taxes: GST is the only tax that you have to pay once you are registered. No hassles of paying different taxes such as octroi, sales, excise, turnover, etc.

• Save Money: Prices of goods and services will reduce. As a result, common man can save more money.

• Easy to do business: The concept “one country one tax” is apt as it saves people from unhealthy competitions and is beneficial for interstate business.

• Increase in Employment opportunities: More the product demand, more the production; as a result more employees required; thus more chances for maximum employment opportunities.

• Increase in GDP: Higher demand = higher production = increase in GDP. 1 to 2% growth in GDP due to GST.

Bundle of benefits are waiting for you. Start your GST Registration process now!