#GST Consulant in pune

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GST (Goods and Services Tax) is essentially an indirect tax which has been implemented to replace numerous taxes in India. Online GST registration was approved in the Parliament on 29th March 2017 and became effective from 1st July 2017 in India. As per the changes in the 32nd council meeting, the threshold limit for GST registration is 40 lakhs for the supplier of goods and 20 lakhs for the supplier of services. Along with that, the North-Eastern States have an option to choose between 20 lakhs and 40 lakhs. Once you have registered under this regime, you will receive a unique GSTIN (Goods and Service Tax Identification Number). There are various advantages of GST registration. You can also avail input tax credit and collect GST from recipients of goods and services.

Online GST registration can be easily done by visiting online GST portal, however it is recommended to refer to an expert for filling the form with accuracy and submit the documents accordingly. We at Legal way LLP are a team of professionals holding a decade of experience in the field of finance and legal registrations to optimize your business. Here is why to choose Legal way LLP for GST registration in Pune:

We are India’s largest online business services providing a platform dedicated to helping businessmen and entrepreneurs ease their management of financial compliances. Legal way LLP was started in October 2013 with a mission to provide the legal services and it has turned out to be the best for GST registration in Pune. Get in touch with our team of experts and get your GST registration done with a simple and quick process.

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Embassy Parks: to invest $300 mn to build warehousing, logistic projects

The organization says web-based business and outsider ordinations firms are the fundamental drivers of the interest

COMPANIES NEWS: Consulate Industrial Parks will contribute about $300 million (about Rs 2,100 crore) in three years to build up it's calculated and warehousing ventures, a top organization authority said. The organization, a joint endeavor between realty firm Embassy gathering and private value firm Warburg Pincus, is creating modern and warehousing parks in Chakan (Pune), Bilaspur and Farrukhnagar (NCR), Sriperumbudur and Hasur (Tamil Nadu), and Hyderabad in a staged way. The organization has contributed around $80 million since 2016 when it began the activity. Virwani said the work is in advancement to create around 7 million sq ft of warehousing and modern spaces. Gotten some information about the ventures, he stated, "We will inject $250-300 million to finish these progressing ventures." Virwani said the interest for Grade-A warehousing spaces has gone up with the execution of the merchandise and enterprise charge (GST). Web-based business and outsider coordinations firms are the fundamental drivers of this interest said Virwani, who is likewise the head working official (COO) of the realty firm Embassy gathering. In Sriperumbudur, the organization has 198 sections of land with 2.7 million sq ft of advancement potential. Around 63 sections of land are offered as a plotted improvement.

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The recipients of parcels are liable to pay customs’ duties and allied taxes.

Threshold value is AU$ 1000/-.  On VoTI (Value of Goods + payable duty and taxes etc. if any + Transportation charges + Insurance charges). Usually 5% Customs duty is levied on Custom valuation above AU$ 1000/-.  GST=Goods and Service Tax. Alcohols, tobacco products and restricted imports will fetch duty, GST, Taxes and other charges.  Customs’ processing charges is AU$ 48.85/- and for electronic gadgets it is AU$ 40.20/-.

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