GST Services & Information

Let us First understand the GST – The Goods and Services Tax (GST) is a value-added tax levied on Goods & Services Supplied in India. The GST is an Indirect Tax, which is paid by consumers, and it is remitted to the Government by the Businesses supplying the Goods and Services.  GST was introduced on 1st July, 2017 and since then there are continuous changes in the GST Law. 

Read to know, if you are required to pay GST – We have prepared the list of businesses, who are required to Register and Pay GST

1. In case the Taxable Supply of goods or services crosses the threshold limit of GST Registration(In present the threshold limit for goods is 40 lakhs and for services, it is 20)  
2. Inter-state supplies are made.
3. Supplies made by Non Resident 
4. Input Service Distributor
5. E-commerce Operator 
6. OIDAR Services
7. Person Liable to deduct or collect, TDS/ TCS
8. Casual Tax Payer
9. Person Liable to tax under RCM Basis
10. A person engaged in supplying goods or services or both through e-commerce operator who is required to collect tax at source (TCS)

GST Services We Provide:

GST Registration 

Taking GST Registration is a very simple process. It can be done online. But what is Important, that before proceeding for registration, one should know what category of registration is suitable for the business and the post-registration requirements. 

“The proper advisory is a must before taking GST Registration, because once the Registration is done, the liability to comply with GST law gets initiated .”

GST Returns

Our team ensures On-time and correct filing of GST Returns to avoid any non-compliance. GST return filing frequency varies for taxpayers, based on their GST registrations, such as regular, composition, casual and so on.

GST Annual Return and Audit

GST Annual Return filing is a very comprehensive task, which requires good knowledge of GST Law. 

GST Compliance and Litigation 

GST compliance and case handling is the core area of P K Vats & Co. More than 6+ years of experience in the Indirect Tax case handling. 

GST Consultancy

GST Consultancy involves the detailed checklist of To Do’s and Not To Do’s. GST Consultancy is a must in today’s rapidly changing GST Law.

Why Us?

Here at P K Vats & Co, the entire GST team is devoted to support for all the compliance and updates in GST . Formulation of Ideal Tax Strategy, which is compliant with Law and legitimately optimizes the tax liability, is the key strength of Our Team. Not only Ideal Tax Strategies are formed, but the same are continuously monitored to cope with the rapidly changing GST Law.