GST was implemented in India effective from 1st July 2017 and witnessed a far-reaching impact on the same business entity’s business processes. The concept of manufacturer, trader & service provider is replaced with Supplier & Recipient and sale, purchase, provision of services replaced with Supply. GST returned at least 17 taxes imposed by Central Government and various State Governments, and under the GST regime, both CG and SG shall be charging tax on the same transactions at a GST rate on the value determined under this Act.

All the business entities have to be more accurate and prompt for all GST compliances; otherwise, they end up losing cash in terms of tax credits. We at Saaf Financials, with a dedicated and expert team, advise our clients in handling all challenges about all compliances, specialist advice on any aspect of GST, including GST audit. We also provide advisory for matters related to the classification of an item as good/service, determination of HSN, place of Supply, appropriate tax rate, and any specific issue based on the requirement.

• Application of GST Registration
• Composition Scheme
• GST Return Filing
• E-Way Bill