GST Compliance Services
A comprehensive GST solution for generating and managing e-invoices (for B2C and B2B), e-waybills, GST returns and GST reconciliation.
We offer the following GST compliance services
GST Registration
GST registration is mandatory for businesses that have an annual turnover above a certain threshold or are engaged in inter-state or e-commerce transactions. The threshold varies from state to state and ranges from Rs. 10 lakhs to Rs. 40 lakhs for goods and Rs. 20 lakhs to Rs. 40 lakhs for services. However, some businesses such as casual taxable persons, non-resident taxable persons, agents, e-commerce operators, etc. are required to register for GST irrespective of their turnover.
GST Payment
GST payment is the process of paying your GST dues to the GST authorities on a periodic basis. GST dues are calculated based on your GSTR forms and input tax credit.You can pay your GST dues through various modes such as online banking, debit card, credit card, NEFT, RTGS, etc. through the common portal or authorised banks. You can also use cash or cheque for paying GST dues up to Rs. 10,000 per challan.
GST Refund
A GST refund is the process of claiming back the excess amount of GST paid by you or the amount of GST that you are entitled to receive from the GST authorities. You may be eligible for GST refund in certain situations such as export of goods or services, inverted duty structure, excess payment, etc.
GST Assessments and Audits
GST authorities may conduct assessments or audits of your GST returns and records to verify the accuracy and completeness of your tax declarations. These may be based on risk parameters, random selection, or specific issues identified by the authorities. The purpose of assessments and audits is to ensure that you have paid the correct amount of tax and have complied with the GST laws and rules. Assessments and audits may also result in additional tax demands, interest, penalties, or prosecution in case of any non-compliance or evasion.
GST Appeals
If you are aggrieved by any order or decision made by the GST authorities, you have the right to file an appeal against it. There are different levels of appeal depending on the nature and amount of the dispute. The appeal process involves filing an application, paying a fee, submitting documents, presenting arguments, and obtaining a decision. The appeal process may also involve multiple hearings, adjournments, interim orders, etc.
GST Consulting
GST is a complex and dynamic tax system that requires constant monitoring and updating of your compliance practices. It also involves various procedural and technical aspects that need to be understood and followed correctly. GST compliance can have a significant impact on your cash flow, profitability, reputation, and growth. It can also create various opportunities for tax planning, optimization, and savings.
Contact Us
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Phone
+91 7060433766
+91 7011429626
Address
B-609, Tower-B, I-thum Tower, Plot no. A, 40, Block A, Industrial Area, Sector 62, Noida, Uttar Pradesh, 201301