GST Filing Process Online in Bangalore
GST Filing Process Online in Bangalore
Online GST filing process in Bangalore is now made simple and easy. The government has introduced a new taxation system which has subsumed various state and central taxes like service tax, luxury tax, excise duty and VAT into one- Goods and Services Tax (GST).
The government has also introduced GST Return Filing in Bangalore to make the process easier for taxpayers. Anyone who is involved in buying or selling goods and services must register under GST to avoid the penalties for non-compliance. The GST registration process is very quick and hassle-free, and it can be done from anywhere with an internet connection.
If you're a small business, you can choose to register under the composition scheme, which allows you to pay a flat rate of tax on your annual turnover. This has lessened the compliance burden for small businesses, and it's especially beneficial for start-ups.
You'll need to deposit an amount equal to your expected GST liability during the GST registration period, which lasts for 3 months. This can be renewed or extended if needed.
If you are not able to deposit the required amount, you may apply for cancellation of GST filing in bangalore by submitting Form GST REG-16 through the official facility center or an authorized officer. You'll have to submit proof of assets that you own in order to get your GST registration cancelled. If you are a registered trader, you must file GSTR-1, which is an annual return, by the 11th of every month after the collection of tax at source.
Tel:+917299972500
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