GST Filing Process Online in Bangalore

GST Filing Process Online in Bangalore


Goods and Services Tax (GST) is a uniform indirect tax that has replaced several central and state taxes like VAT, excise duty and service tax. GST has brought much-needed transparency and accountability in the tax system. It has also made it easier for businesses to file returns.

Previously, any business with a turnover of over Rs 5 lakh had to pay VAT, which was quite cumbersome for small traders and service providers. However, under the new GST regime, this limit has been increased to Rs 20 lakh and small businesses can benefit from a special composition scheme. This has lessened the tax burden on many of these small businesses and has made GST filing a very simple process online.

To register for GST, you will need to have a digital signature certificate (DSC). You can apply for this on the GSTN website. Once you have the DSC, you can fill in the required details and submit it. The website will then issue you a Temporary Reference Number, which is important for the rest of your registration process.

Once you've registered for GST, you can choose whether to file a NIL return if you have no outward supplies or refund claims or to file a regular annual return. You can also download a draft of the return to check for accuracy. It's important to keep all your records in order and follow the rules set out by the tax department. If you have any questions, you can always contact your local tax office for help.

 

Tel:+917299972500

info@filingpoint.com

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