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What is GST?

GST is an Indirect Tax, Full form of GST is Goods and services tax.GST is the tax that is usually imposed on buying or selling goods and services.


The tax charged on buying or selling an item is called "Goods Tax" like: Clothes, Fruits and Vegetables.


Similarly, the tax charged on buying or selling a service is called "service tax" Like: the fees paid to a doctor for getting him treated, and the fees given to him by a lawyer in exchange for fighting the case, etc.


What is a GST consultant?

A GST consultant is a professional who provides expert advice on Goods and Services Tax (GST) compliance and related matters. They can assist businesses in understanding GST regulations, help in GST registration, filing of returns, and represent businesses during GST audits.


Why do businesses need GST consultants?

Businesses need GST consultants to ensure compliance with GST regulations and to avoid penalties and fines. They can also help businesses save money by identifying and taking advantage of GST benefits and exemptions. GST consultants can also provide guidance on GST registration, returns filing, and other compliance-related matters.


What services can a GST consultant provide?

A GST consultant can provide a wide range of services, including GST registration, filing of returns, audit representation, compliance advice, and GST planning. They can also assist businesses in claiming GST refunds, identifying GST benefits and exemptions, and handling GST-related disputes and litigation.


How much do GST consultants charge for their services?

The fees charged by GST consultants vary depending on the scope and complexity of the services required. Some consultants charge a flat fee, while others charge an hourly rate or a percentage of the GST savings achieved. It is essential to discuss fees and expectations upfront to avoid any confusion later on.


What are Documents Required for GST Registration?

Documents Required for New Registration Application of a Normal Taxpayer

  • Consent Letter on the stamp paper
  • Electricity Bill
  • Legal ownership document
  • Municipal Khata Copy
  • Property Tax Receipt
  • Rent / Lease agreement
  • Rent receipt with NOC
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