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Showing posts from December, 2020

Type Of GST and GST Online Payment - Alankit.in

GST is one indirect tax for the entire nation, which makes India a common unified market. GST subsumes most indirect taxes under a single taxation regime. Right from the manufacturer to the consumer, GST is a single tax on the supply of goods and services. The value of GST is of great importance as both the governments (central and state) are now relying on the GST for their indirect tax revenue. There are four major types of GST that include: The State Goods and Services Tax (SGST) The Central Goods and Services Tax (CGST) The Union Territory Goods and Services Tax (UTGST) The Integrated Goods and Services Tax (IGST) 1.The State Goods and Services Tax (SGST) SGST is one of the two taxes that is imposed on every state’s transaction of goods and services. It is levied by the state where the goods are being sold or obtained. It thus replaces all kinds of existing state taxes including the VAT, the Entertainment Tax, Luxury, Sales Tax, Entry Tax etc. and the Surchar

Alankit UAE - One of the best Accounting, Financial & E-governance services providers in UAE with 2 decades of experience

  Catering to government regulations, legal compliances, accounting standards, financial rules requires citizens to gain sufficient knowledge about the associated procedures.  To bridge this gap between the users and the government, several service providers offer varied e-governance, financial and accounting services in UAE. People often find it difficult to locate the best financial services provider in UAE due to the complicated terms of services. A basic requirement still stands to be scrolling through the jargon-heavy websites of service providers. Judging the credibility, industry experience and accountability of your chosen services partner is essential. Alankit UAE is a market leader in delivering best in class government-citizens facilitation services. As a leading e-governance services provider in UAE, the company stands for transparency, customer-centricity and accountability.  Alankit UAE possessing a rich industry expertise of over 2 decades with displayed dive

How can I pay my VAT liability online in Dubai? — Alankit UAE

Businesses registered for VAT and excise tax in the UAE must pay their due taxes before the announced deadlines. Failure to do so can result in registered businesses paying penalties and defaults. Catering to the various obligations related to paying taxes in Dubai is essential for business continuity. Tax payment UAE online Paying taxes has been made easy with the help of digital services offered by the Federal Tax Authority (FTA). Taxes can be paid electronically through their website in easy to follow steps. Filing for tax r e turns After the initial registration of businesses for paying excise tax and VAT, Federal Tax Authority requires you to file for tax return. This is to be completed by the 28th day since the end of each tax period. Based on the information submitted by you in form 201, your tax due is generated automatically. These declaration forms are to be submitted by you at the end of the tax period. Channels for paying due tax All tax payments online are