INDIRECT TAX

Indirect tax is a type of tax where the incidence and impact of taxation does not fall on the same entity. In the case of indirect tax, the burden of tax can be shifted by the taxpayer to someone else.

Apoyo’s experts shall help you out with the following matters :

Image

GST Registration

In the GST Regime, businesses whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states) is required to register as a normal taxable person. This process of registration is called GST registration. If the organization carries on business without registering under GST, it will be an offence under GST and heavy penalties will apply. GST registration usually takes between 2-6 working days. Apoyo shall help you to register for GST.

Image

GST Returns

All registered businesses have to file monthly, quarterly and/or annual GST Returns based on the type of business. Under GST, a registered dealer has to file GST returns that include:
• Purchases
• Sales
• Output GST (On sales)
• Input tax credit (GST paid on purchases)