Indirect Tax Consultancy & Advisory Services
The goods and services tax (GST) is a value-added tax (VAT) levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services.
Indirect Tax Consultancy and Advisory Services
Advising & assisting in obtaining of registration GST
Need help registering for GST? Our expert advisors simplify the process, ensuring compliance and smooth registration. Get started with us today for hassle-free GST registration assistance
Advisory on applicability of GST on the proposed/ existing business
Considering GST for your business? Our advisory service clarifies GST applicability, guiding both new ventures and existing businesses through regulations to ensure compliance and optimal financial management.
Filing of GST returns for individuals, HUF, firm, companies, trusts and AOP’s
Our comprehensive GST return filing service caters to individuals, HUFs, firms, companies, trusts, and AOPs. From accurate data compilation to timely submission, we ensure compliance with GST regulations for all entities. Streamline your GST filing process with us
Representation services before the GST authorities
Facing GST inquiries or audits? Trust our seasoned representation services before GST authorities. We navigate complexities, address queries, and advocate for your interests, ensuring fair treatment and compliance with GST regulations. Let us handle your GST matters effectively.
Providing Updates on significant changes in law
Stay informed with our timely updates on significant legal changes. Our service keeps you abreast of evolving laws, regulations, and amendments impacting your business. From GST revisions to tax reforms, trust us to provide comprehensive insights, enabling proactive adaptation and compliance to safeguard your operations
Advise on Maintenance of records
Our advisory service offers clear guidance on maintaining GST records. From invoices to returns, we help ensure accurate documentation, compliance with regulations, and efficient record management, enabling smooth operations for your business.
Providing opinions and clarifications and updates on legal matters
Our service provides expert opinions, clarifications, and real-time updates on legal issues. From regulatory changes to case law developments, trust us to keep you informed and empowered to make well-informed decisions.
Our specialized service navigates the complexities of GST audits, ensuring meticulous preparation, compliance, and representation before authorities. From data compilation to audit resolution, trust us to safeguard your interests and ensure adherence to GST regulations throughout the auditing process.
Special Offer
25% Off until 31st July 2024
A limited offer to avail our services at Discounted Prices
Frequently Asked Questions
GST, or Goods and Services Tax, is a unified indirect tax system implemented in India to replace multiple taxes like VAT, excise duty, and service tax. It aims to streamline taxation by levying a single tax on the supply of goods and services across the country.
What is the GST rate for goods?
The GST Council reviews the rate slabs for goods and services on a regular basis. GST rates are typically high for luxury items and low for necessities. GST rates in India for various goods and services are divided into four slabs: 5% GST, 12% GST, 18% GST, and 28% GST
Can I do business without GST?
Businesses with a turnover of less than ₹40 lakhs for goods and ₹20 lakhs for services need not register for GST. However, in the North Eastern states the limit is ₹20 lakhs for goods and ₹10 lakhs for services
Output GST – the GST that a GST-registered business charges on its local supplies of goods and services. Output GST is collected by the business on behalf of the Government. Input GST – the GST that a GST-registered business pays on its purchases of goods and services for business purposes
ITC can be claimed by a person registered under GST only if he fulfils ALL the conditions as prescribed. Returns have been filed. The tax charged has been paid to the government by the supplier. When goods are received in installments ITC can be claimed only when the last lot is received
Place of Supply (POS) for Services. The location where a service is considered to be supplied under GST, determining the applicable tax jurisdiction and type of GST (CGST, SGST, IGST)
What is the e-way bill under GST?
E-way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding fifty thousand rupees as mandated by the Government in terms of Section 68 of the Goods and Services Tax Act read with Rule 138 of the rules framed thereunder
What happens if GST return not filed?
Non compliances of GST returns, then late fees will apply for every day of default that occurs. Further, if there is any tax due, then interest will apply at the rate of 18% per annum on the tax liability
Is it mandatory to file GST annual return?
Yes, the annual return needs to be filed even if the taxpayer has got his registration cancelled during the said financial year
How to calculate turnover in GST?
Value of all (taxable supplies+Exempt supplies+Exports+Inter-state supplies) – (Taxes+Value of inward supplies+Value of supplies taxable under reverse charge + Value of non-taxable supplies) of a person having the same PAN(Permanent Account Number) across all his business entities in India