Hello ! Are you worrying about GST Compliance ?
We are here to help you out.
GST Registration
We can help you to get your GST registration certificate within two to three business working days. Subject to condition.
GST Filing
We can help you to file your return on time.Filing of GST returns is mandatory for all the registered Taxpayers.
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GST Audit
We can help you in the most complicated case, here we make it easy.
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Let's Read Something about GST.
What is GST ?
The Goods and Services Tax (GST) is a uniform indirect tax levied on goods and services across the country. GST, as an umbrella tax, replaced central taxes like central excise, service tax, additional duties of excise & customs, special additional duty of customs, besides cesses and surcharges, on supply of goods and services.
​Central GST and State GST
CGST is levied on intrastate supplies by the central government and SGST/UTGST is levied on intrastate supplies by respective state governments.
Integrated GST
IGST is levied on interstate supplies by the Centre (equal to CGST + SGST combined on supplies made within the state).
Benefits of GST ?
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GST is a transparent tax and also reduces the number of indirect taxes.
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GST will not be a cost to registered retailers therefore there will be no hidden taxes and the cost of doing business will be lower.
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Benefit people as prices will come down which in turn will help companies as consumption will increase.
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There is no doubt that in the production and distribution of goods, services are increasingly used or consumed and vice versa.
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Separate taxes for goods and services, which is the present taxation system, requires division of transaction values into value of goods and services for taxation, leading to greater complications, administration, including compliances costs.
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In the GST system, when all the taxes are integrated, it would make possible the taxation burden to be split equitably between manufacturing and services.
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GST will be levied only at the final destination of consumption based on the VAT principle and not at various points (from manufacturing to retail outlets). This will help in removing economic distortions and bring about development of a common national market.
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GST will also help to build a transparent and corruption-free tax administration.
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Presently, a tax is levied on when a finished product moves out from a factory, which is paid by the manufacturer, and it is again levied at the retail outlet when sold.
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GST is backed by the GSTN, which is a fully integrated tax platform to deal with all aspects of GST.
Types of GST Return ?
GSTR-1
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The taxpayer records all his outward supplies of goods and services in details in this form. This has to be mandatorily done by the 10th of the next month (GSTN is frequently changing the due date of filing GSTR1. So, keep checking announcements). Shall be filed by Supplier.
GSTR-2A
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It is available on the 11th of the next month for the recipients to see and validate the information therein. Recipients have time between 11th – 15th of the next month to change any information, delete or add, based on their books of accounts.
GSTR-2
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This form is the culmination of all inward supplies of goods and services as approved by the recipient of the services. The due date is 15th of the next month. It is auto-populated with the details of GSTR-2A.
GSTR-1A
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The form shall be auto-populated after filing of GSTR-2 on the 15th of the next month, having all the correct or changed information. The supplier shall have the choice to accept or reject the changes made by the recipient.
GSTR-3
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This form is auto prepared by 20th of the next month. It will have the details of all outward as well as inward supplies of goods and services as furnished in GSTR-1 and GSTR-2. After considering both the details, GSTN will determine your input tax credit availability or the amount of tax payable.
GSTR-4A
(Form GST CMP 08)
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Similar to the GSTR-2A above, GSTR-4A is generated quarterly for composition scheme taxpayers. It has the details of the inward supplies as reported by suppliers in GSTR-1.
GSTR-4
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With the auto-populated details of GSTR-4A, the taxpayer can furnish all his outward supplies here. The due date is 18th of the following month and has to be filed quarterly. It also contains the details of tax payable and payment of tax.
GSTR-5
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This is a detailed form containing the particulars of outward supplies, imports, tax paid, input tax availed and remaining stock. This has to be filed monthly within 20th of the next month or if the registration is given up, then within 7 days of such surrender or expiry of registration. GSTR-5 shall be filed by Foreign Non-Resident Taxpayer
GSTR-6A
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This form will be generated by 11th of next month after the suppliers have filed their GSTR-1 on 10th of the next month. It will be auto-populated with the details of inward supplier made to them. It has to be filed on a monthly basis by the ISD. (Returns to be filed by an Input Service Distributor)
GSTR-6
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Once the details are confirmed or corrected by the ISD, then GSTR-6 will be generated. It has to be filed by the ISD by 13th of the next month. This is also a monthly filing. (Returns to be filed by an Input Service Distributor)
GSTR-7
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Details of the tax deductions made during the month have to be furnished here. The due date is 10th of the next month. Who require to file ?
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(TAX DEDUCTOR)
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A department / an establishment of the Central or the State government.
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Local Authorities.
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Government agencies.
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Persons or category of persons as may be notified on the recommendations of the GST Council.
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An authority or a Board or any other body which has been set up by the Parliament or a State Legislature or by a Government, with 51% equity, owned by the Government.
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A society established by the Central or any State government or a Local Authority which is registered under the Societies Registration Act.
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Public Sector Undertakings.
GSTR-7A
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This is a TDS certificate, which is auto-generated upon filing the GSTR-7 by the tax Deductor. It will be available for the assessees to download and keep a record of. It will contain details of the tax deducted and the total amount of payment made.​
GSTR-8
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Return to be filed by an E-Commerce Portal.
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This return shall contain all the supplies made by the E-Commerce seller and the amount of tax collected as well. It has to be filed by 10th of the next month.
GSTR-3B
(As per notification issued on 22/01/2020)
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Taxpayers whose income is above 5 crores above for the previous FY due date is 20th of Every month. (All States)
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Taxpayers whose income is below 5 crores and above for the previous FY due date is 22nd of every month. (States-Chhattisgarh, Madhya Pradesh, Gujarat, Daman and Diu, Dadra and Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, Tamil Nadu, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh)
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Taxpayers whose income is below 5 crores and above for the previous FY due date is 24th of every month. (States- Jammu and Kashmir, Ladakh, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha)
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GSTR-9
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GSTR-9A
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GSTR-9C
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Return to be filed by an E-Commerce Portal. To be filed by the regular taxpayers filing GSTR 1, GSTR 2, GSTR 3, GSTR 3B during the financial year. (GSTR-9)
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The Taxpayers who have opted for a composition scheme. (GSTR-9A)
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Registered taxpayers whose aggregated turnover is more than Rs.2 crores. Persons who are required to get their accounts audited under Sec 35 of CGST Act 2017. (GSTR-9C)
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Last date of filing 31st Dec of next financial year. (Annually)
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GSTR-10
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GSTR-11
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Taxpayer who wants to cancel GST registration. (Within 3 months of date of cancellation or date of cancellation order, whichever is later)
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All persons who are holding a Unique Identity Number (UIN) are required to carry out GSTR-11 return filing. (28th of the month following the month for which statement is filed-MONTHLY)