GST / TDS Filing Services

The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture upto final consumption with credit of taxes paid at previous stages available as set off. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer.

  Hence a TDS deductor has to compulsorily register without any threshold limit. T

he deductor has a privilege of obtaining registration under GST without requiring PAN. He can obtain registration using his Tax Deduction and Collection Account Number (TAN) issued under the Income Tax Act, 1961. Application for Registration to be filed in REG-07. Registration certificate to be issued in REG-06.

 If proper officer is satisfied that a person no longer liable to deduct tax, he may cancel registration in REG-08.