My name is shivam sinha this is for the testing purpose
11 Feb, 2023
The GST or Goods and Service Tax was introduced and implemented by the government to reframe the tax structure in India. Several cascading taxes were replaced by a singular tax.
In the case of the automobile industry as well, the GST subsumed almost all the taxes like excise, VAT, sales tax, road tax, motor vehicle tax, registration tax which actually benefitted the taxation procedures of the automobile industry, by reducing of total payable tax.
The introduction of GST has been immensely beneficial in the automobile sector. Alongside the vehicle, services, and warranties offered by carmakers are also taxed, and there is a discount at every stage.
For better economic growth in India, all automobile companies and dealers should mandatorily register under GST. The steps are pretty simple. You can upload the required documents at the country's own business solution platform Online Legal India™, where the GST taxation experts will provide 24x7 assistance to guide you till the end of the process.
Apart from registering, you will get online assistance in every step in GST Filing on time as per your business's requirements. In other business compliance like company registration, trademark registration, bookkeeping & accounting, or any other legal service, you’re at the right place!
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