GST requires businesses that have exceeded the prescribed threshold to register and to keep records of input and output tax. Businesses report their liability in a specific period called taxable period. The basic information that required your attention are as follows:
Financial department is not the only party involved in the GST Implementation process but the whole business organization which includes
Management, Sales & Marketing, Purchasing, Inventory Control, Administrative, Warehousing etc.
We have divided the GST Implementation process into 3 stages to ease and minimize the possible interruption to your business operation:
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