GST (GOODS AND SERVICES TAX & INTER-STATE TRADE – COMMERCE)
GST is a destination-based consumption tax, i.e., tax on inter-state supply to accrue to the destination state introduced in July 2017 and since then it has been evolving. It is Dual GST model consisting of CGST to be central tax and SGST to be state tax and IGST on inter-state transaction, to be shared between centre and states. The GST regime has subsumed all indirect taxes into one. It seeks to address the challenges with the old indirect tax regime by broadening the tax base, eliminating cascading of taxes, increasing compliance and reducing economic distortions caused by inter-state variations in taxes.
We at Gopal Chopra & associates have a dedicated team which handles all the services related to GST. The services offered in GST are as follows:-