The founders of Vakilsearch is here with yet another easy to use and simple to understand GST filing procedure taking away the headache of the otherwise time-consuming process.
To know more about Vakilsearch and the way it makes GST Registration processes easier and simpler with an easy to use online interface, visit:
The Goods and Services Tax (GST) is one of the most prominent tax reforms that took the nation by storm. It helped in streamlining the nation’s system of indirect taxation and underlined the promise of coming up with a unified indirect tax system. It made a substantial positive impact on various sectors and to the economy as a whole. Though there were some initial teething issues, it was ignored as an expected hiccup when a huge reform is made.
The newer and more simplified version of GST form was introduced last July on a pilot basis. As per the renewed format, the taxpayers have to file monthly returns once, with exceptions in few cases. People without any purchase list, liability on output tax, and nil credit on input tax can file the ‘Nil’ return for the quarter. On the other hand, taxpayers with a turnover that reaches up to 5 crores need to file returns every quarter along with monthly payments and self-declarations.
The company spokesperson further added that the new form introduction would help in bringing down the traders’ annual compliance burden. The 24 GSTRs will shoot down to 12, in addition to the single return for the financial year. This move is predicted to offer immense benefits to the medium and small enterprises making them GST compliant. The traders are expected to file about thirty-six returns.
When asked about what makes Vakilsearch stand out in providing GST related services, the Company Spokesperson quoted that “Vakilsearch makes use of the simple, easy to access internet service in place of the cumbersome paperwork. This makes Vakilsearch an easier option in today’s fast-paced world where people rarely has time for anything time- consuming. Also, tax processes are often considered as a mundane task, and getting a professional to sale through it without any hassles is a great help to any taxpayer out there.”
Within the past 5 years, Vakilsearch has helped over thousands of start-ups in their registration works, protection of intellectual property, securement of the funding from the Venture Capitalists and also complied with the MCA regulations.
“Vakilsearch gets you connected with a professional GST expert within one day. In case you are not happy with the choice, you will be provided a replacement again within another one day. Our services are at affordable rates, be it online or offline. We can also help you get a safe and secure identification number for GST. The main benefit is the fact that you can get your GST by applying online in the comfort of your home. All the processes are done online, and you need not even step out of the house to complete the procedure. All your returns will be filed, and all the compliance will be completed to perfection by our expert team,” the company spokesperson noted.
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Vakilsearch is one of the top legal service experts who offer professional help in filing taxes easily and quickly. They provide their services online, and this makes it easier for the customers to access their services swiftly and comfortably.
For more information, you can visit – https://vakilsearch.com/