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Goods & Services Tax (GST)
Goods & Services Tax (GST) is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. It was implemented in India to streamline the indirect taxation system and replace a multitude of existing taxes.
GST Amendment
GST amendment refers to the process of making changes or updates to the details provided during GST registration. These changes could include alterations to business information, contact details, or other crucial particulars. GST amendments are necessary to ensure that the information provided to tax authorities remains accurate and up-to-date, reflecting any changes in business operations or structure.
Documents Needed
- GST Amendment Certificate
GST Notice
Notices under GST serve as official communications from GST Authorities to taxpayers. These notices serve various purposes, including reminders of detected defaults in compliance with GST laws or requests for additional taxpayer information. They are crucial in maintaining tax compliance and ensuring the proper functioning of the GST system.
Documents Needed
- TDS Certificate
- Salary Slips
- Income Tax notice
- Investment Details
GST Registration
GST registration is essential for businesses in India. If your business revenue surpasses certain threshold levels or belongs to specific categories that require GST registration, it’s imperative to register following the GST regulations. We can assist you in obtaining your GST registration seamlessly.
Documents Needed
- Electricity Bill
- Telephone Bill
- Property Tax Receipt
- Lease / Rent Agreement
- Passport Size Photo
- Partnership Deed
- Incorporation Certificate
- PAN Card
- Legal Ownership Document
- Aadhaar Card
GST Registration for Foreigners
Following the implementation of the GST framework, the Government of India mandated that all foreign non-resident taxpayers obtain GST registration when supplying goods or services to residents within the country. If you’re planning to supply goods or services to India, securing a GST registration is not just a compliance measure but a key step in establishing your business presence.
Documents Needed
- PAN Card Company
- Incorporation Certificate
- Promoters Passport Size Photo
- Proof of Address
- Bank Statement
GST Return Filing by Accountant
A GST Return is a detailed statement that captures all the financial transactions of a person registered under GST, reflecting revenues and expenditures. It is a mandatory submission for every holder of GSTIN to the tax authorities, allowing them to determine the net tax liability with precision.
Documents Needed
- Invoice
- Bank Statement
- Debit Notes
- Credit Notes
- Sales Invoice
- Purchase Invoices
GST E-Invoicing Software
The e-Invoice system is a digital verification mechanism under India’s GST framework, where B2B invoices are authenticated electronically by the GST Network (GSTN). This system facilitates the issuance of a unique identification number for every invoice via the Invoice Registration Portal (IRP), managed by GSTN.
Documents Needed
- ID Proof
- HSN Code
GST LUT Form
LUT full form is Letter of Undertaking holds significant relevance within the context of the Goods and Services Tax (GST) framework. This document serves as a powerful tool for exporters, allowing them to engage in the export of goods or services without the obligation of immediate tax payment. The GST LUT Form is an essential document that enables you to seamlessly conduct your export transactions without paying Integrated Goods and Services Tax (IGST) at the time of supply.
GST Revocation
GST Revocation services helps businesses restore their canceled GST registration by assisting with application preparation, submission, and follow-up. Our experts ensure seamless and timely reinstatement, allowing businesses to resume operations without interruptions. The purpose of GST revocation is to provide an opportunity for taxpayers to rectify any issues or circumstances that led to the cancellation of their GST registration.
Invoicing & GST Software
LEDGERS accounting software can help you quickly generate GST invoices or bills without GST from your mobile phone or computer. With inbuilt catalog and contacts, this LEDGERS software can create error-free invoices in seconds with the correct GST rate and GST computation. The platform supports billing in multiple-currencies from multiple-branches and multiple-users simultaneously. Invoices and bills created on LEDGERS can be quickly shared with customers through SMS, WhatsApp, email and other modes.
GSTR-10
GSTR-10 is a return required to be filed by taxpayers who have surrendered or cancelled their GST registration. It is also known as the Final Return. GSTR-10 needs to be filed within three months from the date of cancellation or surrender of GST registration.
GSTR-10 must be filed by all taxpayers who have applied for GST registration but have not been granted the same. All registered taxpayers must also file GSTR-10 if they have cancelled their registration or have been cancelled by the tax authorities.
GST Annual Return Filing - GSTR-9 Filing
GSTR-9 is an essential annual filing obligation for all taxpayers registered under the Goods and Services Tax (GST) system. GSTR-9 encapsulates comprehensive information concerning outward and inward supplies, encompassing transactions made or received during the relevant financial year. This includes supplies governed by Central GST (CGST), State GST (SGST), and Integrated GST (IGST) regulations. The GST annual return limit for businesses is Rs. 2 crore, but filing is optional for those with a turnover up to Rs. 2 crores.
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