Prakash K Prakash is one of the leading consultants in GST in Delhi/ NCR. We provide complete GST solutions to our clients which includes all services like:
The Govt. of India by way of enactment of New Tax i.e. Goods & Services Tax Act known as GST has sub-merged various Central and State Levy into GST – such as Excise Duty, Service Tax, Central Sales Tax, Additional Custom Duty, Special Additional Duty, VAT, Entry Tax, Purchase Tax, Luxury Tax, Entertainment Tax, Octroi, Taxes on lottery, Batting, and gambling apart from CESS and Surcharge. It is single tax regime for whole economy which will convert the whole nation into one market place.
Every registrants or dealers ( including Exporters and Importers) shall be given a PAN based GSTIN number which shall be a common to the both the State GST and Central GST.
The State GST (SGST) and Central GST (CGST) shall be levied on all the transactions of goods and services, concurrently. Due credit against GST is available to an entity in respect of taxes paid on any supply of goods or services or both used or intended to be used in the course business. It is destination based tax on consumption of Goods and Services. Hence, the credit of SGST shall be transferred to the Destination State in the form of Integrated GST (IGST). IGST will be imposed on all Inter-State Transactions.
Crossing of Threshold limit of aggregate turnover:
Supply of goods(Only) except supply of ice creams & every edible ice.
Supply of Goods and service or Service only.
As the name suggest, anyone can register under GST even though he may not required by law
The GST Laws provides a composition scheme for small dealers having turnover of Rs. 1.5Cr. (For Himachal Pradesh, JK, Assam and all other Territories) and Rs. 75 Lacs for North Eastern states.
Present time line for deposit of GST and filing of GSTR-3B for all tax payers is as follows:-
22nd day of succeeding month for following States/UT
24th day of succeeding month for following States/UT
State of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep
State of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi
Contact PKP for more on GST
Contact Person : Prakash K Gupta
Email - firstname.lastname@example.org
Telephone Numbers : +91-11-23382207/ 23388753
Mobile Number : +91-9811031841