GST

GST (Goods and Service Tax) is an Indirect Taxation system, which is levied on the supply of goods and services, right from the manufacturer to the consumer. If yours is a GST-Registered Business, then you can claim credit to the value of GST you paid on the purchase of goods and services.

• All Tax Payer services are available online, hence this makes it easy and transparent.
• The tax rates and structure are uniform across the Nation. So, the location of your business does not matter.
• Reduction of Hidden costs in doing Business. This is ensured by the system of seamless tax credits all over the value chain, across the states.
• Transaction costs are reduced, and hence, there would be an increase in the trade competitiveness.
• The cost of locally manufactured goods is also reduced, which would be a great boost to the Indian Exports.