What is GST Registration services?


What is GST registration?


The best way to think of GST registration is that it is an indirect tax that is applied to the sale and supply of goods and services in India. The tax is levied on the value of the goods and services at each stage of the production and distribution process. The GST is a single tax that is levied on the supply of goods and services and is payable by the businesses that supply them. The GST is a destination-based tax, which means that the tax is levied on the value of the goods and services at the place of consumption. The tax is collected by the government of the state in which the goods and services are consumed.

Why GST is Important in India?

GST registration is an important tax reform in India that will have a positive impact on the economy of India. It is a consumption-based tax that will be levied on the sale of goods and services. The main aim of GST is to remove the cascading effect of tax on the production of goods and services. It is expected that the GST will reduce the cost of production of goods and services and will promote the economic growth of India.

How and when does it come into force in India?

The GST will come into force on 1st July 2017. For all the businesses which have a turnover of more than Rs. 20 lakhs then GST registration is compulsory for you. The businesses which are already registered under the VAT or Service Tax will be automatically migrated to the GST.

Now the question is where to find the Best CA firm in Mumbai for GST Registration?

The process of GST registration can be done online, and it is relatively simple. However, it is always a good idea to get professional help to ensure that everything is done correctly. Bashmakh & Co can help you with GST registration in Mumbai so that you can get on with business.


If you want to know more about GST services in Mumbai or how to get the GST number in Mumbai or if you are looking for the Best CA firm in Mumbai then you can contact us. We are a leading GST consultancy firm in Mumbai and our team of experts can help you with all your GST queries.





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