GST

As per the GST Act 2017, GST Return filing is mandatorily required monthlyor quarterly (as per their turnover of preceding financial year) by all persons and entities having a GST Registration. Return for GSTR-1either monthly or quarterly filed on 10th date of next month or end of following next month from quarter end. Return for GSTR-3B monthly filed on 20th date of next month.

Our GST tax expert can help you to compute your GST tax liability and keep you in compliance with GST regulation.

Features

  • 100% assistance and continuous interaction.
  • Completely online. No need to visit office.
  • Access of information from anywhere and at any time.
  • Without any ambiguity, only needs to furnish some Information with relevant documents.
  • 100% Confidential and secure.
  • Saving of Time.
  • Post filing Tax Assistance.

Process

The steps for Filing the GST Return are

  • Provide all the documents related to sale and purchase
  • Make the online Payment
  • We will file GSTR.

Pricing

Features Sole Proprietorship/Individual Private Limited Company (Pvt. Ltd.)/Public Company (Limited Company)/One Person Company (OPC) Partnerships Limited Liability Partnerships (LLP)
Nil Return for 1st Financial Year Rs.3000/- Rs.3000/- Rs.3000/- Rs.3000/-
Other than Nil Return for Financial Year Depends upon Turnover Depends upon Turnover Depends upon Turnover Depends upon Turnover

FAQ :

Whether you can revise the GST Return?

No, there is no option to revised GSTR whether GSTR-1 or GSTR-3B.

What are the Penalty Provisions in case of late filing of GST return?

Yes, the penalty provisions in case of late filing are for

GSTR-1& 3B (nil return): 10 per day (in case of any liability)

GSTR-1 & 3B (other than nil return): 25 per day (in case of any liability)

How many returns are in process nowadays?

1. GSTR-3B

2. GSTR-1

3.GSTR-6

What does GSTR-3B, GSTR-1 and GSTR-6 represents?

In GSTR-3B we upload the summary of total ouward, inward, nil rated, exempted, zero rated and reverse charged supplies are given

In GSTR-1 we upload the detail of outward supplies.

In GSTR-6 we upload the detail of Input Service Distributor.

GST REFUND

Introduction

As per CGST Act, 2017 refund fall under section 54 to 58 under chapter-11 and the rules for refund define under Rule 89 to 97A under CGST Rules, 2017. The purpose of refund is to reduce the blockage of working capital of assessee. We can apply for refund within 2 years from relevant date.

The situations under which we can claim refund under GST

1. Export of goods or services.

2. Supplies to SEZs units and developers.

3. Deemed exports

4. Refund of taxes on purchase made by UN or embassies etc.

5. Refund arising on account of judgment, decree, order or direction of the Appellate Authority, Appellate Tribunal or any court.

6. Refund of accumulated Input Tax Credit on account of inverted duty structure.

7. Finalization of provisional assessment.

8. Refund of pre-deposit.

9. Excess payment due to mistake.

10. Refunds to International tourists of GST paid on goods in India and carried abroad at the time of their departure from India.

11. Refund on account of issuance of refund vouchers for taxes paid on advances against which, goods or services have not been supplied.

12. Refund of CGST & SGST paid by treating the supply as intrastate supply which is subsequently held as inter-State supply and vice versa.

Features :

  • 100% assistance and continuous interaction.
  • Without any ambiguity, only needs to furnish some Information.
  • 100% Confidential and secure
  • Post apply for refund assistance.

Process :

  • First of all apply the application online
  • Provide the documents which are relevant for refund
  • Then deposit the required documents manually.
  • After that the Government will proceed the claimed refund.
  • After proceed, claimed refund will transfer in given bank account.

FAQs :

Is there any minimum threshold for a refund?

No refund shall be granted if the amount is less than Rs.1000. [Sec.54 (14) of the CGST/SGST Act].

What is the time limit for claiming a refund?

A person claiming a refund is required to file an application within two years from the “relevant date” as given in the explanation to section 54 of the CGST/SGST Act.

Is there any set format for filing refund claim?

Every claim of refund has to be filed in Form GST RFD 1. However, a claim for a refund of the balance in the electronic cash ledger can be made by furnishing monthly/quarterly returns in Form GSTR 3, GSTR 4 or GSTR 7 of the relevant period

Will an unutilized ITC be refunded at the close of the fiscal year?

There is no such provision in the GST law that would allow a refund of unutilized ITC at the conclusion of the fiscal year. It shall be carried forward to the following fiscal year.

Pricing :

Charges for the Refund are Rs. 2500/-

GST Registration

As per the Rules framed by the Govt., a business whose turnover exceeds Rs. 20 lakhs (Rs 10 lakhs for North East India and hill states) is required to register as a normal taxable person.

Registration under GST for certain businesses such as electronic commerce operator, input service distributor etc is mandatory. If the organization carries on business without registering under GST, it will be an offence under GST and heavy penalties will apply.

GST registration usually takes between 3 to 6 working days. We’ll help you to register for GST in easy steps.

Who Should Register for GST?

  • Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.);
  • Businesses with turnover above the threshold limit of Rs. 20 Lakhs (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttrakhand);
  • Casual taxable person / Non-Resident taxable person;
  • Agents of a supplier & Input service distributor;
  • Those paying tax under the reverse charge mechanism;
  • Person who supplies via e-commerce aggregator;
  • Every e-commerce aggregator;
  • Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person;
  • Persons who are required to deduct tax under section 51(Tax Deduction at Source);
  • Input Service Distributor;
  • Persons who supply goods or services or both on behalf of other registered taxable persons whether as an agent or otherwise, and
  • Such other person or class of persons as may be notified by the C.G or a S.G on the recommendations of Council.

Features :

  • Secure GST Identification Number
  • Completely Online – No need to visit office
  • Access of Information from anywhere and at any time.
  • 100% assistance and continuous interaction.
  • Without any ambiguity, only needs to furnish some Information with relevant documents.
  • 100% Confidential and secure.
  • Saving of Time.
  • Post filing Tax Assistance.
Sole Proprietorship/Individual Private Limited Company (Pvt. Ltd.)/Public Company (Limited Company)/One Person Company (OPC) Partnerships Limited Liability Partnerships (LLP)
Fees Rs.750/- Rs.1000/- Fee depends upon Complexity of your other Income Fee depends upon Complexity of your other Income
Documents required for Individual:-
Proof of Principal Place of Business
Bank account details (Account No., Type of Account, IFSC Code, Bank Name, Branch Address)
Proof of Additional Place of Business, if any
Photo of Proprietor
PAN & Aadhar of Proprietor
Mobile No. & Email-ID of Proprietor
Passport (in case of foreigners)
Documents required for Individual:-
PAN card of the company
Registration Certificate of the company
Memorandum of Association (MOA) /Articles of Association (AOA)
Bank account details (Account No., Type of Account, IFSC Code, Bank Name, Branch Address) Copy of Board Resolution
Photo of Authorized signatory
Letter of Authorization for appointment of authorized signatory
Documents required for Individual:-
PAN card of the Partnership
Partnership Deed
Bank account details of Firm (Account No., Type of Account, IFSC Code, Bank Name, Branch Address)
Photo of Authorized signatory
Letter of Authorization for appointment of authorized signatory
Documents required for LLP:-
PAN card of the LLP
Registration Certificate of the LLP
LLP Partnership agreement
Bank account details of LLP (Account No., Type of Account, IFSC Code, Bank Name, Branch Address)
Declaration to comply with the provisions
Copy of Board Resolution
Photo of Authorized signatory
Letter of Authorization for appointment of authorized signatory
Documents Related to Director:-
PAN and ID (Identity Proof) of Directors.
Documents Related to Director:-
PAN and ID proof of designated partners
Designated Partner Related Documents:
PAN and ID proof of designated partners
House Property, Capital Gain, Profits from Business or Profession or any Other Income
Documents Related to Director:-
Copy of electricity bill/landline bill, water bill
Rent agreement (for rented premises)
NOC (No Objection Certificate) of owner.
Documents for Registered Office:-
Copy of electricity bill/landline bill, water bill
Rent Agreement (for rented premises)
NOC (No Objection Certificate) from the owner
Documents for Registered Office:-
Copy of electricity bill/landline bill, water bill
Rent Agreement (for rented premises)
NOC (No Objection Certificate) from the owner
Documents for Registered Office:-
Copy of electricity bill/landline bill, water bill
NOC of the owner
Rent agreement (for rented premises)

Process :

  • Upload all the documents as asked for in the Requisite list.
  • We will apply for GST Registration.
  • Make the Online Payment.
  • Within 4-6 working days, GSTIN No. will come.

Pricing :

Features Sole Proprietorship/Individual Private Limited Company (Pvt. Ltd.)/Public Company (Limited Company)/One Person Company (OPC) Partnerships Limited Liability Partnerships (LLP)
Registration Rs.2500/- Rs.4000/- Rs.3500/- Rs.3500/-

FAQ :

What is GSTIN?

All businesses that successfully register under GST are assigned a unique Goods and Services Tax Identification Number also known as GSTIN.

What are the benefits of registering under GST?

A. For normal registered businesses:

1. Take input tax credit

2. Make interstate sales without restrictions.

B. For Composition dealers:

1. Limited compliance

2. Less tax liability

3. High working capital

C. For businesses that voluntarily opt-in for GST registration (Below Rs. 20 lakhs)

1. Take input tax credit

2. Make interstate sales without restrictions

3. Register on e-commerce websites

4. Have a competitive advantage compared to other businesses

When should a business apply for multiple GST registrations?

If a business operates from more than one state, then a separate GST registration is required for each state.

Can a person operating two different companies with different names but with same PAN get two GST registrations?

One PAN holder gets one registration in every State, but he has the option of getting different registration for different business verticals.

Existing taxpayer registering a branch office in another state comes under fresh registration or under existing tax payer registration?

For every State, a fresh registration is needed.