Nowadays export and import are the pillars of any business. They have become an integral part of the growth of an economy. In India, after the introduction of the Industrial Policy, in 1991, the Indian Government has also introduced the concept of liberalization and globalization. You must have a valid import- Export Code (IEC) for doing import and export of goods or services in India. While selecting the form of business organization for export and import purpose, a person should keep notice of the nature of business, tax implications, liability, etc. The Chartered Accountants provide this type of service. The Indian Government introduced GST (Goods and Service Tax) in 2017. GST is an indirect tax that is levied on goods and services in India. It replaced many indirect Taxes present in India. The Chartered accountant is responsible for checking the implementation of the Goods and Service Tax in a company so that there are no malpractices. TARUN KANDHARI & CO. LLP is a leading consultancy firm based in India providing quality services since 1992.
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