Our indirect taxes advisory services in Mumbai is provided after doing a deep study. As the Goods & Service Tax (GST) has been introduced on 01st July 2017 which has been brought into the integration of many taxes and the tax filing has been made simple under one roof. We at Finspots help the entities to file their GST returns monthly/quarterly prescribed on the basis of turnover as applicable to the business entities.
Our outlook as advisory in Mumbai
Since it has been integrated into a single tax which eliminates the need for multiple compliances and thereby resulting in the reduction of cost due to which the person will be more focused on the aspects as compared to compliances that have to be done on daily basis. We assure that returns are duly filed don time thereby saving additional cost such as late fees liability etc.
Hence GST has been as a catalyst for all the persons who are on the verge of doing transaction and to avoid legal consequences which the entities may face in the near future. Hence it aims at the transparency of the works and the legal complications are being avoided.Since various types of formalities are been prescribed by the Government depending upon the turnover of the individual client and based on that data has to be furnished as per due date. GST is a tax and contributes to the major of tax collection and revenue to the Government.
We as a Finspots provide indirect taxes in Mumbaiassure you that to have a comprehensive approach and will help in every manner in the favor of client so that his tax liability gets reduced to a larger extent. There should be no manipulation in the working in the calculation as GST officials are vigilant enough to trace out any fraud has been done thereby imposing a heavy penalty on the individuals as per the tax laws and regulations. We also provideissues of Importer Exporter Code in which the person can freely transact with the help of IEC number which can help in generating foreign exchange fluctuation reserves thereby strengthening the position of the economy and its forefronts.