GST (Goods and Services Tax) is a single tax that replaced many indirect taxes like VAT, Service Tax, and Excise Duty. It is charged on the supply of goods and services.
Type of GST Registration.
CGST – Central Government
SGST – State Government
IGST – For inter-state trade
UTGST – For Union Territories
How GST Works?
Choosing the right partner for your GST registration is a pivotal step towards your business success. Here’s why SHR stands out as the ideal choice:
Seller collects GST from buyer
Seller claims credit for the GST paid on purchases (Input Tax Credit)
Final consumer bears the tax in the price of goods or services