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Our team will collect your supplies and purchase data as per the data fields specified by us for the preparation of the returns.
Our team will verify and validate the quality of data received for data hygiene and master level validations as per govt rules.
Our team will reconcile the inward invoices with GSTR-2A & outward invoices with e-way bills generated & provide a report on matches & mismatches.
To resolve mismatches in reconciliation, our team will communicate with your vendors via email or phone as per protocols defined by you.
The team will prepare your tax returns GSTR-1, GSTR-3B, GSTR-6 if applicable and will send you for approval before filing.
Our Team will calculate the tax liability and eligible Input Tax Credits as per govt rules and file the gst returns after your approval and payment of tax liability.
Our agents will set up a seamless
process for data collection.
Your return will be prepared as required.
Before you know it, your return will be
ready for GST return filing.
All registered businesses have to file monthly, quarterly and/or annual GST Returns based on the type of business.
A return is a document containing details of income and purchases which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability.
Under GST, a registered dealer has to file GST returns that include:
In the GST regime, any regular business has to file two monthly gst returns and one annual gst return. This amounts to 26 gst returns in a year.
The beauty of the system is that one has to manually enter details of one monthly return – GSTR-1. The other return GSTR 3B will get auto-populated by deriving information from GSTR-1 filed by you and your vendors.
There are separate gst returns required to be filed by special cases such as composition dealers.
If GST Returns are not filed within time, you will be liable to pay interest and a late fee.
Interest is 18% per annum. It has to be calculated by the taxpayer on the amount of outstanding tax to be paid. The time period will be from the next day of filing to the date of payment.
Late fees is Rs. 100 per day per Act. So it is 100 under CGST & 100 under SGST. Total will be Rs. 200/day. Maximum is Rs. 5,000. There is no late fee on IGST.
Failure to file nil return of GST could attract a per day penalty.
Monthly return of outward supplies
Auto populated Input Tax Register
Monthly return tax payable and Input Credit Claimed
Return by composition scheme dealer
Return for Non-resident taxable person
Details of supplies of OIDAR services
Return for Input Service Distributor
Return for TDS Deductor under GST
Return for E-commerce operator
Return withdraw GST registration
Return by Taxpayer claiming Refund & having UIN
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