Benefits of Registration under GST
Avoid Penalty : If the return is not filed within the due date then the taxpayer is penalized with a late fee of Rs. 50/- per day up to a maximum of Rs. 5000/-.
Lower Taxes: Currently in some states under the VAT regime, businesses are required to comply with VAT regulations once they cross an annual turnover of Rs.5 lakhs. Under GST regime, GST liability accrues only if an entity crosses an annual turnover of Rs.10 lakhs in northeast or hill states, whereas for rest of India, the threshold is set at Rs.20 lakhs.
Economic Growth: To make India as a financial super power, the introduction of GST is must. Taxation both direct and indirect plays an important role in promoting economic growth as well as equitable distribution. As we are facing the cascading system of indirect taxes in India and with the introduction of GST, all the cascading effects of Cenvat and service tax will be more comprehensively removed with a continuous chain set off from the producer’s point to the retailer’s point. Moreover, certain major Central and State taxes will also be subsumed in GST.
How Can We Help
One Point Compliance LLPis a trusted name for all legal and regulatory services. We have defined our services to fit clients from all walks of life. Whether you are an entrepreneur or an established businessman, our services literally make law easy for you.
With individualistic approach we do a thorough study of each case so that we can serve our client to the extremity of their expectations.
All our services are delivered with timeliness, without any compromise in quality as we value the price of your time.
We prepare entrepreneurs to do business in a formal and legal way by getting them registered under MSME guidelines.
Our experience equipped consultants provide free consultancy to clients and guide them with an absolutely right solution.
Our Esteemed Clients
What Some of Our Clients Say
If starting a startup is your dream, but legal hassles keeps you at bay I definitely recommend Onepointcompliance. The team has the same energy as any young startup.
Tax filing has been a nuisance for me since the very beginning. It’s very comforting to have the reliable service of Onepointcompliance at such affordable prices. Now I only focus on growing my business and not tax filing.
I am into digital product production and marketing and for me copyright and trademark registration is an often needed service. I am glad to have found Onepointcompliance, as they are hands down the best out there.
Our Motto-What We Want For Our Clients
Our motto is to help create businesses that are in full compliance with the law and have best management for high levels of economic value.
When someone asks what we do differently at One Point Compliance, we are tempted to detail our proven record of providing legal and regulatory assistance to entrepreneurs, startups and corporate to become better at compliances and come out as the better versions of themselves.
We do not provide generic solutions but we look at every business and entity from a management perspective to unearth the right and most fitting solutions. You will never have to settle for run-of-the-mill legal and compliance solutions because we approach and recommend solutions that are highly customized.
We Make Law Easy is not just another tag line, but it is a true statement of our commitment to provide quick and actionable solutions for our clients.