Goods and Services Tax

The nation is on the brink of witnessing the largest Tax reform of the country in the indirect taxation regime.

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GOODS AND SERVICES TAX (GST) as approved by The President of India and its successful passage in the Parliament aims at minimizing the cascading burden of multiple taxes. GST brings with it a seamless flow of Tax credit across industries and state borders, unifying all indirect taxes under one head.

GST is viewed to be a game changing reform for the Indian economy having a mass effect on Tax (structure, computation, payment), Compliance, Credit Utilization and Reporting,

The need of the hour is a complete overhaul of your business current Tax system and compliances. We at DrCompliance extend to you a complete solution for all your concerns and query related to the same.

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Impact of GST on business

  • Remove multiple taxation imbedded in cost of production of goods and services.
  • Provide seamless input Tax credit throughout value chain.
  • Significant reduction of cost of Tax compliance and transaction cost.
  • Eliminate the scope of double taxation in certain sectors.