Goods & Service Tax
Start, run and grow your business with ease.
All-in-one GST filing package
Features/Importance of GST
- GST eliminates the cascading effect. Therefore, you are no longer subject to paying tax on tax. This saves you money.
- Higher threshold for sale of goods and services. This means small businesses falling below the limit are not subject to GST.
- Easier for startups and e-commerce businesses
- More organised system
TYPES OF GST
Here are the major reasons why people prefer Patent Registration:
GSTR 1
Details of the outward supplies of the taxable goods and or services
GSTR 3B
Summary of the outward supplies along with the input tax credit that is declared and the payment of the tax is affected by the taxpayer.
CMP 08
Statement cum challan to make a tax payment by a taxpayer registered under the composition scheme under Section 10 of the CGST Act.
GSTR 4
Filed by the taxpayer that is registered under the composition scheme under Section 10 of the CGST Act.
GSTR 5
Filed by a Non-resident taxable person
GSTR 6
Filed by the input service distributor to distribute the eligible input tax credit.
GSTR 7
Filed by the government authorities
GSTR 8
Details of supplies that are affected by the e-commerce operators and the amount of tax that is collected at the source by them.
GSTR 9
Annual return for a normal taxpayer
GSTR 9C
Certified reconciliation statement
GSTR 10
Is filed by the taxpayer whose GST registration is cancelled
GSTR 11
Details of the inward supplies are furnished by a person who has UIN and also claims a refund
