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GST Experts in Kolkata, WB: GST Registration For Partnership Firms

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Partnership Firms in Kolkata A partnership is an agreement between two or more individuals to share profits of a business carried on by all or any one of them acting for all and governed under the Indian Partnership Act. The GST Experts in West Bengal explained that Registered Partnership Firms could claim settlements and press legal charges. While an unregistered Partnership Firm is an unregulated body which cannot avail of any benefits under the Income Tax Law. Importance of GST Registrations Goods and Service Tax (GST) is an indirect tax levied by the Indian Government. The GST model has saved business owners from the cascading effect of VAT. The GST Experts in Kolkata agreed that GST has benefited Partnership Firms with a simplified tax structure and provides a higher threshold for registration. Some goods and services can be exempted from tax or charged at 5% or less.  If your Partnership Firm is service-oriented with a turnover above 20 lakhs per year or business-oriented with
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GST RETURN FILING | GST Expert in Kolkata | HelpMyBiz

GST (GOODS & SERVICES TAX) RETURN FILING INTRODUCTION Businesses registered under GST have to file GST returns monthly, quarterly, annually to provide the information related to their sales, purchases, income tax paid, etc. Taxpayers have to file returns for every GSTIN he has registered on the portal. There are various types of registrations; the type of return to be filed depends on the registration such as, a regular taxpayer, composite dealer, e-commerce operator, Input Service Distributors (ISD), a casual taxable person, etc. There are 22 types of GST returns, out of which 11 Returns are active, 3 are suspended, and 8 are only view-in nature. GSTR-1 This return is filed by every regular taxpayer including casual taxable person for reporting details of outward supplies of goods & services made by him. It can be filed every quarter by the 13th of the month following the quarter end if he has opted for the same, or by 11th of every month if has not opted for quarterly scheme
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Location: Kolkata, West Bengal 700013, India
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