GST REGISTRATION

1000 /-(Includes)

  • GST REGISTRATION
    • 1000/-

GST RETURNS(OTHERS)

15000(Annually)

  • GST RETURNS(OTHERS)
    • 15000(Annually)

GST RETURNS (COMPOSITION SCHEME)

8000 /-(Includes)

  • GST RETURNS (COMPOSITION SCHEME)
    • 8000(Annually)

RETURNS PLUS BOOK KEEPING
(OTHERS)

30000 /-(Includes)

  • RETURNS PLUS BOOK KEEPING
    (OTHERS)
    • 30000(Annual)

RETURNS PLUS BOOK KEEPING (COMPOSITION SCHEME)

18000 /-(Includes)

  • RETURNS PLUS BOOK KEEPING (COMPOSITION SCHEME)
    • 18000(Annual)

GST RETURN FILING

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Easily manage GST return filing with TEAM FINLEGALFORTE

What is GST Filing?

Everyone registered with GST act has to periodically supply the information of sales, purchases and tax paid and gathered thereon through submitting the return with GST authorities. Before submitting any return fee of tax due is pre-considered necessary otherwise such return will be invalid.

PROPRIETORSHIP

  • Filing Form GSTR-1 for Monthly details of inwards supplies by 10th of the subsequent month
  • Filing Form GSTR-2 for Monthly details of outward supplies by 15th of the subsequent month
  • Filing Form GSTR-3 for Monthly Filing of Return on 20th of the subsequent month
  • Filing Form GSTR-8 for Annual Filing of Return on 31st December of next financial year

HOW LONG IT WILL TAKE

1-3 Hours: One of our Expert will ask for the necessary documents and information to prepare GST Return for your business entity

1 Working Day: Once the Documents are preapared we will share the relevant documents for your approval and file the GST return

1-2 Working Day: As soon as the Return if approved from the GST Authority we will share the acknowledgement with you

GST return filing process

Types of returns under GST

There are multiple return under the GST regime. The most common used return will be GSTR 1, 2 ,3, 4 & 9. GSTR 1, GSTR 2 & GSTR 3 will be submitted by all businesses on a monthly basis. GSTR 4 is submitted on a quarterly basis and GSTR 9 on an annual basis

Form Purpose Duration
GSTR-1 Outward sales by business Monthly
GSTR-2 Purchases made by Business Monthly
GSTR-3 GST monthly return along with the payment of amount of tax Monthly
GSTR-4 Quarterly return for GST Quarterly
GSTR-5 Periodic return by Non-Resident foreign taxpayer. Monthly
GSTR-6 Return for Input Service Distributor (ISD). Monthly
GSTR-7 GST Return for TDS Monthly
GSTR-8 GST return for e-Commerce suppliers Monthly
GSTR-9 GST Annual Return Monthly

FAQs about Goods & Services Tax (GST)

FAQs about GST

Who needs to file Return in GST regime? Ans. Every person registered under GST will have to file returns in some form or other. A registered person will have to file returns either monthly (normal supplier) or quarterly basis (Supplier opting for composition scheme). An ISD will have to file monthly returns showing details of credit distributed during the particular month. A person required to deduct tax (TDS) and persons required to collect tax (TCS) will also have to file monthly returns showing the amount deducted/collected and other details as may be prescribed. A non-resident taxable person will also have to file returns for the period of activity undertaken.

A normal registered taxpayer has to file the outward supply details in GSTR-1 in relation to various types of supplies made in a month, namely outward supplies to registered persons, outward supplies to unregistered persons (consumers), details of Credit/Debit Notes, zero rated, exempted and non-GST supplies, exports, and advances received in relation to future supply.

No scanned copy of invoices is to be uploaded. Only certain prescribed fields of information from invoices need to be uploaded.

No. It depends on whether B2B or B2C plus whether Intra-state or Inter-state supplies. For B2B supplies, all invoices, whether Intra-state or Interstate supplies, will have to be uploaded. Why So? Because ITC will be taken by the recipients, invoice matching is required to be done. In B2C supplies, uploading in general may not be required as the buyer will not be taking ITC. However still in order to implement the destination based principle, invoices of value more than Rs.2.5 lacs in inter-state B2C supplies will have to be uploaded. For inter-state invoices below Rs. 2.5 lacs and all intra-state invoices, state wise summary will be sufficient.

A person should take a Registration, within thirty days from the date on which he becomes liable to registration, in such manner and subject to such conditions as is prescribed under the Registration Rules. A Casual Taxable person and a non-resident taxable person should however apply for registration at least 5 days prior to commencement of business

No. In fact, description will not have to be uploaded. Only HSN code in respect of supply of goods and Accounting code in respect of supply of services will have to be fed. The minimum number of digits that the filer will have to upload would depend on his turnover in the last year.

Yes. Not only value but taxable value will also have to be fed. In some cases, both may be different. In case there is no consideration, but it is supply by virtue of schedule 1, the taxable value will have to be worked out as prescribed and uploaded.

Yes, the recipient can himself feed the invoices not uploaded by his supplier. The credit on such invoices will also be given provisionally but will be subject to matching. On matching, if the invoice is not uploaded by the supplier, both of them will be intimated. If the mismatch is rectified, provisional credit will be confirmed. But if the mismatch continues, the amount will be added to the output tax liability of the recipient in the returns for the month subsequent to the month in which such discrepancy was communicated.

While a large part of GSTR-2 will be auto-populated, there are some details that only recipient can fill like details of imports, details of purchases from non-registered or composition suppliers and exempt/non-GST/nil GST supplies etc.

If invoices in GSTR-2 do not match with invoices in counter-party GSTR-1, then such mismatch shall be intimated to the supplier. Mismatch can be because of two reasons. First, it could be due to mistake at the side of the recipient, and in such a case, no further action is required. Secondly, it could be possible that the said invoice was issued by supplier but he did not upload it and pay tax on it. In such a case, the ITC availed by the recipient would be added to his output tax liability, in short, all mismatches will lead to proceedings if the supplier has made a supply but not paid tax on it.

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