GOODS & SERVICES TAX FILINGS (GST)


Introduction


Goods and Services Tax is a new concept effective from 2017 and now settled with many provisions. GST Return filings are regulatory monthly or quarterly compliance as the case may be.GSTR-3B, GSTR-1, GSTR-8,GSTR-1A, GSTR-9, etc. are the return forms for doing these compliances.




RETURNS FORM NAME DETAILS DUE DATE
GSTR-3B Summarized Return Sales, Purchase, Challan, etc 20th Every next month.
GSTR-1 Regular Return (Sales) Sales B2B, B2C, Credit & Debit Note 10th Every next month, incase of a quarterly return, end date of next month of the quarter ended.
GSTR-4 Composition Return Sales, Debit & Credit Note 18th Every next month of the quarter ended.
GSTR-1A Amendment Return Amendment Documents After filing return
GSTR-9 Annual Return Sales, Purchase, Credit/Debit Note and other relevant documents 9month from the ended of financial year.
GSTR-8 TCS Return (E-Commerce) Deductee Details, Organization Details, Challans, etc. 10th Every next month.
GSTR-7 TDS Return Deductee Details, Organization Details, Challans, etc. 10th Every next month

BENEFITS OF GST TAX FILINGS


GST RETURN BENEFITS
GST-TDS FILING BENEFITS
1  Input Tax Credit can only take with GST Filings. 1  Regulatory compliance in cases of specific payments.
2  Tax Credit passes on only after GST filing. 2  Avoid heavy penalties and interest..
3  It is regulatory Compliance under GST Act 3  Tax Credit passes on after TDS filings.
4  Avoid Penalty & Late filing Fees. 4  Support in improving the economic development of the country

DOCUMENTATION UNDER GST RETURN FILINGS


GST RETURN
TDS RETURN
1  All Sales invoices & Credit note if any. 1  Copy of Monthly Challan deposited by Business Entity.
2  All Purchase invoices & Debit Note if any. 2  Details of Entity like PAN, TAN, Name, Address, Responsible Person details, etc.
3  All expenses for Input Tax Credit. 3  Details of Deductee like Name, PAN, GST, Payment Amount, TDS deduction, etc..
4  Any relevant details if available. 4  Any relevant details if available.

Packages



SILVER


Included

5,999/-

4 GST Composition Return GSTR-4

1 GST Annual Return GSTR-9

Consultancy


GOLD


Included

14,999/-

12 GSTR-3B Return

4 GSTR-1 Return

1 GSTR-9 Return Turnover upto 1Crore Consultancy




DIAMOND


Included

39,999/-

12A Application filing

80G Application filing

1st Year Returns

Consultancy