Goods & Services Tax[GST]

Goods & Services Tax was brought to effect from 1 st July 2017 in complete replacement of all Indirect Taxes, under certain exemptions, for a unified indirect tax structure. In erstwhile tax regime, sale of goods was taxed by State & Central Governments and the services rendered, under certain exemptions, were taxed by Central Government under Central Excise.

As a new law, GST Act poses certain new areas of tax applicability and new methods of tax computation. GST Act provides for tax exemption under the term "Threshold Volume" up to certain level of supplies and services and under the term "Composition Tax" up to certain levels and under certain conditions.

A business person / entrepreneur needs to take adequate care on compliances to avoid any involuntary circumvention of law and get entangled under the penal provisions of the Act.

Under such circumstances, Sri Law Associates provide guidance and legal services. We handle department adjudication from Show Cause Notice stage (SCN), that is, from drafting and filing reply to SCN appearance during hearing before the Departmental Adjudicating Authorities and, pursuant thereto, filing Appeals before State & Central, the Hon'ble GST Appellate Tribunal (GSTAT), the Hon'ble High Courts and the Hon'ble Supreme Court of India.