Goods & Services Tax (GST) Services
The introduction of GST in India has revolutionized the indirect tax system by replacing multiple state and central taxes with one unified tax structure. While GST has simplified taxation, it also brings complex compliance requirements, frequent amendments, and the need for accurate reporting.
GST Advisory Services
- Expert guidance on the applicability and impact of GST on your business.
- Strategic structuring of transactions to minimize tax liability while staying compliant.
- Advisory on GST implications in cross-border trade (imports/exports, SEZ transactions, and e-commerce).
- Industry-specific GST solutions tailored to your sector.
- Support with classification of goods/services, input tax credit (ITC) eligibility, and place-of-supply rules.
GST Compliance
- End-to-end support in monthly, quarterly, and annual GST return filings (GSTR-1, GSTR-3B, GSTR-9, etc.).
- Real-time reconciliation of Input Tax Credit (ITC) with GSTR-2B.
- Assistance in GST registration, amendments, and cancellations.
GST Annual Return & GST Reconciliations
- Preparation and filing of Annual Return (GSTR-9) and Reconciliation Statement (GSTR-9C).
- Matching of GST returns with books of accounts to ensure accuracy.
- Identification and rectification of mismatches in sales, purchase, and ITC data.
- Support in statutory audits and assessments related to GST compliance.
- Advisory on risk management and preventive measures to avoid future disputes.