1. Compliance Assurance:

   • Stay compliant with GST regulations and filing requirements to avoid penalties and legal consequences.

2. Tax Optimization:

   • Identify opportunities to optimize GST payments, input tax credits, and other tax benefits to minimize tax liabilities.

3. Process Efficiency:

   • Streamline GST-related processes, including registration, invoicing, and return filing, to save time and resources.

4. Risk Mitigation:

   • Mitigate risks associated with GST audits, assessments, and disputes through proactive compliance and documentation.

Steps/Process Involved:

1. Assessment and Registration:
   • Evaluate the applicability of GST registration based on business activities and turnover.
2. GST Implementation:
   • Implement GST-compliant invoicing, accounting, and record-keeping systems to capture relevant transactions.
3. Return Filing:
   • Prepare and file GST returns accurately and timely, ensuring compliance with filing deadlines and requirements.
4. Audit Support:
   • Provide support and representation during GST audits conducted by tax authorities, including responding to queries and providing documentation.

Pre-requisites:

• Business registration and relevant documents (e.g., PAN card, Aadhaar card).
• Understanding of GST rates, classifications, and compliance requirements.
• Access to financial records and transaction data.

Deliverables:

• GST registration certificate.
• Timely and accurate GST returns filed.
• Documentation and support during GST audits or assessments.

FAQ’s:

• Q: Is GST applicable to my business? 

• A: GST applies to most businesses engaged in the supply of goods or services, with certain exemptions and thresholds. Our team can assess your business activities to determine GST applicability.

• Q: Can you assist with GST refund claims?

• A: Yes, we can help businesses identify and process GST refund claims for eligible input tax credits and exports.