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LogiTax provides solutions for GST Returns, E-Invoicing, E-Way bill, Credit Management & Vendor Management.
Yes, it is mandatory to do so under the GST Act. You must definitely consider getting a GST for small business if you are a goods manufacturer with an annual turnover of over Rs. 40 Lakhs.
With GST, the customer is the one who is the real taxpayer and the business merely acts as a channel. This means that businesses do not have to bear any tax costs and it makes life a lot easier at the end of the financial year.
- Find out whether you are liable to compulsorily register under GST.
- Get GST registered.
- Identify your HSN Code/SAC Code & Tax rates.
- Provide and track GSTIN while dealing with Vendors and Customers.
- File your GST Returns on time.
- Select the right GST Compliance software.
All taxes being accumulated together in an umbrella of GST has reduced the burden of filing multiple taxes. The centralized system has reduced the hassle of businesses navigating through manual hardships. This in turn enables smooth tax collection, reduces double taxation, improves process efficiency and streamlines your business operations.