The GST regime, initiated in 2017, aimed to enhance the ease of doing business and facilitate efficient compliance with tax laws. It introduced the concept of “one India, one tax,” taxing only the value addition at each stage. GST is a multi-staged and destination-based taxation system. Key benefits offered by the government under the GST scheme include eliminating the cascading effect of tax, reducing compliance burdens, providing a Composition Scheme for small businesses, and more. Partner with ASA to access a range of services, including:
- Registration
- Advisory Services
- Impact Analysis
- Monthly/Quarterly Return Compliances
- Input Tax Credit Review Audit
- GST Audit
- Temporary Registration for Casual Dealers and Non –Residents
- Assistance in transition to new GST compliances