GST on IT Consultancy Services in Delhi: Key Compliance Guidelines- RSAV & Company

For businesses engaged in GST on IT Consultancy Services Delhi, understanding the Goods and Services Tax (GST) is essential for compliance and smooth operations. As per GST regulations, IT consultancy services fall under the category of professional services and attract an 18% GST rate.

Companies providing IT consulting, software solutions, and technical advisory services must register under GST if their annual turnover exceeds the prescribed threshold. Additionally, they are required to issue GST-compliant invoices, charge GST on their services, and file periodic returns.

Input tax credit (ITC) is another crucial aspect, allowing IT consultancy firms to claim credits for taxes paid on purchases related to their services. Proper documentation and compliance with GST rules help avoid penalties and ensure seamless business operations.

RSAV & Company offers expert GST consultation, helping IT firms navigate taxation complexities and maintain compliance efficiently in Delhi’s dynamic business environment.

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