GST Services
It's important to consult with a qualified CA who is well-versed in GST regulations and keeps up-to-date with any changes or amendments. We can provide tailored advice and assistance based on the specific requirements and nature of the business.
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Registration and Compliance
We can guide businesses through the GST registration process, ensuring that they comply with the necessary requirements and complete the registration accurately. They can also assist in obtaining the required GST identification numbers (GSTIN) and help with any updates or modifications required in the registration details.
Tax Planning and Structuring
We can provide strategic tax planning advice to businesses, taking into consideration the GST regulations and their impact on various business transactions. They can help optimize the tax structure, determine the appropriate GST rates, and advise on the eligibility for input tax credits (ITC) to maximize tax benefits and minimize tax liabilities.
Return Filing and Compliance
We can assist businesses in preparing and filing their GST returns accurately and within the prescribed timelines. They can ensure that all the necessary information is captured, reconcile the data, and validate the returns to comply with the GST regulations. We can also help with any GST audits, assessments, or inquiries from tax authorities.
Input Tax Credit (ITC) Management
Managing input tax credits can be complex, especially for businesses dealing with multiple vendors and transactions. We can help in reconciling and verifying ITC claims, ensuring compliance with the prescribed rules and documentation requirements. They can assist in identifying and rectifying any issues or discrepancies related to ITC, helping businesses maximize their claim while minimizing any potential risks.
GST Advisory and Training
We can provide advisory services to businesses, helping them understand the implications of GST on their operations, pricing, and supply chain. They can offer guidance on specific GST-related transactions, such as export-import transactions, inter-state supplies, and the applicability of reverse charge mechanism. We can also conduct training sessions or workshops for businesses and their staff to enhance their understanding of GST and ensure compliance.
Compliance Audits and Risk Management
We can perform GST compliance audits to review the business processes, documentation, and systems in place to identify any gaps or non-compliance. They can help in implementing robust internal controls, risk management frameworks, and standardized processes to mitigate the risk of non-compliance and potential penalties.
GST Forms
As a taxpayer, you are required to submit GST Returns, which come in 22 different forms. Of these forms, 11 are currently active, 8 are for viewing only, and 3 are suspended. The specific forms that you need to file depend on the type of taxpayer you are registered as.
| Type of GST Form | Who should file the form? |
|---|---|
| GSTR-1 | Everyone that’s registered |
| GSTR-2A | Autofill form that is view-only |
| GSTR 2B | View only |
| GSTR 3B | For Normal taxpayer |
| GSTR- 4 | Dealers opting composition scheme |
| GSTR-5 | Non resident foreigners who has business in India |
| GSTR-5A | Non-resident OIDAR service providers |
| GSTR-6 | Input Service Distributor |
| GSTR-7 | For deducting TDS under GST |
| GSTR-8 | E-commerce |
| GSTR-9 | Taxpayers registered under GST |
| GSTR 9C | Taxpayers registered under GST |
| GSTR-10 | Paid by those persons whose GST registration was canceled or surrendered |
| GSTR-11 | For refund claims by foreign diplomatic missions and embassies |
We are experts at
Business & Individual Tax
We are highly knowledgeable and well-versed in tax laws, regulations, and procedures. Tax matters can be time-consuming, especially for businesses with complex financial transactions. We will help you free up your valuable time and resources. Schedule a consultation, we are more than happy to provide you a viable solution.