GST compensated by people goes to your central and point out governments and acts as an important source of profits to operate the country. The government won't impose a charge for GST registration. having said that, if you Obtain your registration processes finished by a third party, like a Chartered Accountant, They might demand a payment for th

Will The brand new GST enable tax cascading benefits? Many of us are mindful that service tax and VAT have cascading benefits, meaning you can avail credit of tax compensated by you on inputs. A immediate tax is paid for by the individual the government is aiming to tax. by way of example, with money tax, employees shell out the tax directly to Th