The Goods and Service Tax
THE GOODS AND SERVICES TAX (GST) IS A REVOLUTIONARY MOVE TO REPLACE THE EXISTING INDIRECT TAX STRUCTURE IN INDIA WHICH HAS INTRIGUED AND ATTRACTED ATTENTION OF ALL THE BUSINESS OWNERS AND STAKEHOLDERS IN THE COUNTRY.
From July 1, 2017 onwards, GST will replace India’s current complex Central and State indirect tax structure to create a common market with a seamless indirect tax regime.
With the concept of One Nation, One Tax, GST is a unified indirect tax levied on goods and services at various levels from manufacturer to the customer. It will influence every aspect of business and different industries. The new GST law will affect business cash flows, tax accounting and reporting, financial reporting, supply chain, ERP, IT, marketing and other aspects of the business.
The Goods and Service Tax Services
We hold expertise in the following areas and help our clients doing business in India by making them GST ready.