Read GST Updates

What is GST?

  • GST i.e. Goods and Services Tax
  • Uniform taxation by merging of various Indirect Taxes like Central Excise, Service Tax, VAT, CST etc.
  • Game changer and Overhauling of present Indirect Tax Mechanism.
  • Dual GST complementing the federal structure in India.
  • Enhanced cost competitiveness of goods and services

 

Why it is important to know GST from Business Perspective?

GST will have impact on,

  • Pricing Strategies
  • Purchase Policies
  • Cash Flow
  • Incentives
  • Compliances
  • Logistic Strategies
  • Distribution Network Strategies
  • Inter-unit/plant Transfer
  • Transitional issues
  • Change in existing IT System

Therefore it is important to understand the impact of GST on the business

Knowing GST in advance will give advantage to be first movers to,

  • Entrepreneurs
  • Business Leaders
  • Finance Leaders
  • Marketing Leaders
  • Supply Chain / Logistic Leaders

How Bizsolindia can assist you?

Bizsolindia will be partnering you to decode the GST Law and more specifically can undertake,

  • GST awareness sessions for you and your team
  • Impact study of GST on your business.
  • Crafting business plans in the changed environment
  • Suggesting best possible alternative for Working Capital Management
  • Transaction Structuring by mapping existing business model.
  • Developing SOPs for your business in the changed tax regime.
  • Opinion and other advisory.
  • Audit and Assurances Services
  • Designing IT system and Controls required in the new GST regime.
  • Support for ERP implementation in changed environment.
  • Handholding for initial period for compliances and documentation.
  • Corporate Training Modules designed for your business.
  • Assistance in completion of earlier period assessments and assessments under GST.
  • Field Support for handling transitional arrangement / credit.