In India, the great reformation in tax has been brought up by the GST service. This service stands for Goods and Services Tax (GST). It is the compulsory and only tax to be registered under any business. One has to go through various fines and substantial penalties if their business has not registered for GST. It will benefit your business to obtain GST from your clients as well. Get your GST new registration online done through us with easy measures and avoid falling against any law.
After getting your registration done, you will get GST number online. This number is the tax identification number and called as GSTIN i.e. Goods and Services Tax Identification Number. It had replaced the tax identification number(TIN) which used to come under the state's Value Added Tax law. Earlier, when one used to register their business under this law they were given the TIN. Now, you will have 15-digit GST number online i.e. GSTIN under new law.
Types Of GST
GST return is another kind of necessary GST document that is filed
with the tax administrations. It is again expected to be registered
as per the law.
It incorporates all the details of the income of the taxpayer. Financial accounts are maintained under GST return every year.
A taxpayer needs to deposit two returns every month and one kind of that each year.