GST-Registration

The Goods And Services Tax (GST), businesses whose turnover exceeds the threshold limit of certain lakhs as the case may be, must register as a normal taxable person.GST is a comprehensive indirect tax that was designed to bring indirect taxation under one umbrella. More importantly, it is going to eliminate the cascading effect of tax that was evident earlier. MSMEs are now less dependent on tax experts when compared to the earlier regime, due to a simplified return filing system in place. .