GST Filing
Starting From ₹ 999
- Preeminent GST Registration Services
- Simplify your GST filing
- Collect the taxes legally
- Fulfill compliance in the form of a return
- Secure, seamless, and high-quality work
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Brand highlights
$1 Million
Raised to provide quality service to startups
5000+
Registered Every year
2000+
Objection Filed Every year
1000+
Retainership Done Every year
About GST Filing
With file GST return online, the taxpayers intimate the Goods and Service Tax Network (GSTN) about the inflow and outflow of supplies including the amount of tax paid and collected. While documenting the taxable transactions with the Government, the taxpayer is also needed to pay the amount of tax gathered from an outward supplier of goods or services after the deduction of Input Tax Credit (ITC).
Advantages of GST filing
Seamless flow of ITCC
The tax already spent by the supplier is subtracted from the liability to pay taxes. If the tax paid and the managed transaction is recorded through filing returns by both parties, the Input Tax Credit can be handed on to the buyer and not otherwise. The registered person cannot declare the input credit if the return is not filed on time.
A simple and common form for all taxes
Under the GST regime, three different types of taxes are gathered– IGST, CGST & SGST. The information about all three taxes paid or collected is needed to be recorded in a single form itself. The online filing system is facilitated under this regime and is further suggested to be more simplified through one form of filing for documenting all transactions.
Score higher compliance rating
To monitor the compliance structure, the GST Network has presented the mechanism of compliance rating. This is where all the registered persons are delivered ratings based on their regularity of fulfilling the compliance and payment of taxes. The compliance ratings are publicly available on the website. The regular taxpayer is rated with higher compliance ratings.
Avoid penalty and interest
For delay in filing a return, the taxpayer is charged with a late fee of Rs 50 for each day of a delay till the exact date of filing. To evade such heavy penalties, the return must be filed without any delay. The taxpayers with no tax penalty also have to file the returns to avoid the late fee of Rs 20 for each day of delay. Interest at the rate of 18% p.a. is owed on the overdue tax liability.
GST Filing Process Flow
1-2 HOURS
2 WORKING DAYS
2 WORKING DAYS
2-3 WORKING DAYS
2-3 WORKING DAYS
Documents required for GST filing
- Gst Credentials
- Invoices
- Pan Card
- Adhar Card
- Mail id
- Phone no.
Comparison
| Comparison Basis | Private limited company | Llp | Sole proprietor |
|---|---|---|---|
| Raising Fund | ✓ | ✕ | ✕ |
| Start-Up India Recognition | ✓ | ✓ | ✕ |
| Complince Cost | ✓ | ✓ | ✕ |
| Suited For | Growing Startup | Service Provider | Small Business |
| Taxation Benefit | ✓ | ✓ | ✕ |
FAQs
Every registered dealer, whether a normal supplier or otherwise must file the return based on the transactions or activities interested in the business. Non-filing of the same may direct to default and may draw a penalty or additional fees.
Tax Payment or any penalty, fees, etc. are obtained through the following modes;
- Internet Banking
- NEFT or RTGS
This amount shall be credited to the electronic cash ledger of the registered deale
By filing the returns with the Government, the information and details will be intimated to the Government. Further, the data delivered will measure the liability of the Taxpayer. Also, returns filing helps you declare the eligible Input Credit. In addition to which regular filing will count on a higher rating in the GST Compliance Rating.
Any supply i.e. transaction such as the sale, transfer, barter, exchange, license, rental, lease, or disposal made or approved to be completed for a consideration of taxable goods or services, requires to be regarded as a taxable event under the GST Act.
All taxpayers filing a return in GSTR-1 to GSTR-3, other than ISDs, casual/non-resident taxpayers, taxpayers beneath the composition scheme, and TDS/TCS deductors, are needed to file an annual return (GSTR-9) along with the monthly return.
Prescribed information from the invoices including the HSN code with respect to the supply of goods and the accounting code with respect to the supply of the services rendered required to be uploaded in the return. The information shall also cover the sales, purchases, and any expenses incurred during the reporting period.
The qualified Chartered Accountant(s) examines the provided information. The experts will then direct the possible solutions in case of any discrepancy discovered in the data of outwards and inwards supply.
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