GST Consultants – Goods and Service Tax Service

GST Consultants – GST Services

Goods and Service Tax is one of the biggest tax reforms to have been ever introduced in our country. Staying compliant to tax reforms is a hectic job for every business. The entire concept of GST is complex and is difficult to follow especially when organizations need to focus on core business operations. Focusing on various law parameters, GST For You is always there to guide businesses with GST-related operations.  In order to have a competitive edge over the others in the market, businesses need to adhere to GST and stay compliant to every reform seamlessly. We help you to have a better understanding of GST procedures and the aspects related to it. Our team of  GST consultants in India is well versed with the GST law and procedures and is always there to guide you at every step. We also handle GST refunds for our large customers, on a turn-key basis

So reach us soon at

Call Us : +91 96666 15177

Email us: info@gst.estartupsolutions.co

 

Our Scope of Services Under GST Regime

Considered as one of the biggest reforms in India, GST is something that has a huge impact on businesses. Staying compliant with tax and legislative departments along with maintaining your business is something very hectic. We make it easier for you as we extend our helping hands for your needs tax consulting needs. In today’s competitive world, it is very important for an organization to be well versed with the tax regimes. We at GST For You help organizations to figure out, analyze, focus and address the different kinds of challenges that come up due to GST or indirect tax compliance issues.

Business Impact Analysis

Carrying out an impact analysis for your business is something we are deft in. Figuring out the capital requirement, logistics, and procurement issues, along with covering other aspects of impact analysis is something we regularly do for our clients.

Regular Tax Compliance Issues

Under the GST regime, supporting businesses with regular tax compliances are something we excel in. Calculations of tax liability, preparation of income tax returns, tax assessment are some of the areas that we cover for organizations across India.

Why GST For You is the Best Choice for GST Services in India?

With domain-rich expertise, GST For You is deft in handling tax-related issues across India. Tax compliance is something very hassle and we are here to manage it seamlessly for you. The team of enthusiastic and passion-driven experts is always there to help you out with any kind of tax-related issues for your business. Combined with this is the alliance network that we have for resolving any problem related to tax, be it performing impact analysis for your business or calculating your GST, GST For You is the one-stop solution when it comes to Goods and Service Tax. So if your business is facing GST compliance issues, our team of professional tax consultants is always there to help you understand the Goods and Service Tax regime in an easy manner.

We Render Services in the Following Areas:

Be it as a consultant or as an advisor, we help businesses with any issues related to GST. Some of the options are as follows-

  • Registration procedure under GST
  • Filing of periodical returns
  • Handling any kind of refunds under GST, for IT and Services Exporters
  • Availing of input tax credit under GST
  • Offering services as GST Consultants or GST Advisors

GST Consultants – Goods and Service Tax (GST) Services

Maintaining compliance with all the applicable and updated tax laws in India is a challenge that businesses need to overcome in order to be successful. Especially in the case of GST, the complex process is very confusing.

One of the watershed moments in the recent history of the trade and commerce scene was the reformation and implementation of the Goods and Services Tax or GST. This dissolved several taxes under its umbrella term. This sudden change can become difficult to follow and many businesses were thrown out of the loop for not being able to keep up.

It is an anxiety-inducing activity but good compliance to GST regulations presents your business in a positive light to other potential clients and customers. Only professional GST consultants can help you maintain compliance with GST tax solutions.

At GST For You, we provide the service of experts well-versed in GST guidelines. Various legal complications may arise while filing GST but with us, there is no need to hurry. We provide only the best GST services.

Professionals at GST For You consider all legal parameters while providing different types of GST services required for different business industries. This helps you to leave all your worries behind and focus on your business better. When you outsource GST services from GST For You, all the weight of your taxes rests on our shoulders.

What are GST services?

The induction of GST has made a big impact on Indian businesses. They have had to adapt to the new guidelines and grow accordingly. Experienced consultants who grasped the concept of GST, helped them to get through this seamlessly.

GST services are provided by consultancy firms who oversee the turnovers, GST returns, and filings of a particular business. This is to make sure whether the business complies with the GST guidelines issued by the central, state, and union territory governments.

If a business fails to comply with GST guidelines, then it will have to face mild to severe legal implications. This will result in a monetary penalty, business disrepute, and in the worst-case scenario, a total shutdown of your business.

At GST For You, we provide GST services that keep your business afloat. Our team of experts always keeps themselves updated with any new change in these complex laws and helps your business follow suit accordingly.

Why does a Business Need GST Services?

A business needs to stay on its toes about compliance issues in order to stay relevant in the highly competitive commercial fields. It needs GST services for the following reasons.

 

  • Impact Analysis of Your Business:

Running a business with different departments and handling several employees is no child’s play. Impact analysis of your business makes it easier for you to keep track of the financial functions.

GST services deal with the capital requirement, logistics, and procurement issues to help your business grow. At GST For You, we cover all aspects of impact analysis to prepare reports for our clients.

 

  • Tax Compliance:

With the removal of several taxes and the inclusion of others under the GST umbrella, maintaining tax compliance is a big issue for businesses. Outsourcing GST services helps you to follow the regular tax compliances under the regime of GST.

Experts at GST For You carry out several tasks like calculations of tax liability, preparation of income tax returns, and tax assessment among others for Indian businesses.

 

  • Maintaining Business Focus:

Dealing with the complex web of GST payments procedures can become the source of anxiety for any inexperienced businessman. This may negatively affect the quality of services and products offered by your company.

In order to prevent such burnouts, it is best to outsource GST services to GST For You. Our teams of young and bright professionals will deal with the proper filing of your GST. You can rest assured that we will provide you with the best services while you focus on your core business operations.

Why should you choose GST FOR YOU for the best GST Services?

The expertise of GST For You lies in providing valuable consultation for GST services. Our varying skill set works best because of the following reasons.

 

  • Domain Rich Expertise:

Over the years, GST For You has cultivated the rich experience of working in GST and other tax services.

Our senior team members have endowed the lessons they have learned on our fresh talent. Together, we have come up with the most effective solutions for any GST-related issues.

Our domain-rich expertise helps us to swiftly tackle any problem with your GST. The experience gathered by our team by collaborating with different industries has helped us to hone our services to the maximum efficiency.

 

  • Seamless Business Functions:

GST For You handles all the challenging aspects of GST filings. This helps your business run smoothly without any obstacles. The employees and the core committee members can focus on the indigenous business functions rather than worrying about taxes unnecessarily.

 

  • Assistance Availability:

An in-house team of GST consultants only works between office hours. They might not be available or willing to work whenever required, even beyond the usual working hours.

The best thing about availing of GST For You GST services is that, in the case of any concerns, you can take it up with our team anytime. Our professionals are always there to help you out with tax-related issues.

 

  • Alliance Network:

GST For You has a very elaborate alliance network that comes forward in any tax-related problems.

Every task needs an expert to execute it properly. The alliance network of GST For You works only with the experts for each task. We are also very prompt about coming up with solutions for any grievances.

This makes us the one-stop solution for all your necessary GST services.

 

  • Comprehensive Understanding and Interactive Services:

GST For You makes sure to maintain transparency with our clients. We explain all the tasks we are going to undertake so that the client has a clear understanding of the services we provide.

Our team values human interaction above everything. A lot of minor issues can be identified by interacting with the members of the board and other employees.

The identification of problems can promptly uncover any suspicious activity or fraud cases regarding GST. It can help to prevent the serious complications and consequences the business might have faced otherwise.

 

  • Cost-Effective:

Availing of the GST services provided by GST For You is simply the most cost-effective solution. Outsourcing GST consultancy services cut down on the cost of hiring full-time or part-time in-house employees.

We are deft at handling all GST-related tasks and possess varying skill sets. Our combined expertise on the GST of different industries makes each of us a valuable asset to GST For You.

All these GST consultants under our umbrella offer their expertise at your service. They perform tasks in the most efficient manner at affordable rates. 

What are the GST services offered by GST For You?

We cover an entire range of tasks under our GST services. The following tasks are performed by GST For You.

  • We help you deal with the registration procedure under GST. We check your eligibility for registration first and then identify the goods and services being sold.

For registration, one has to enroll their business with the government website provided for GST-related services.

  • We review your previous accounting data closely. This helps us to check if the business had been complying with GST guidelines before this.
  • Identification of invoices available for the input tax credit is very important for tax solutions. We take note of relevant provisions while performing this task.
  • Refund of the unutilized input tax credit is also conducted by us. At first, we discuss it with the client and collect any relevant documents to be submitted for applying for the refund.

We then help you with the preparation and filing of the online application. We also assist the client to fill the relevant documents for claiming a refund.

The process is finalized by carrying out regular inquiries.

  • GST For You helps businesses with the procedure of GST return filing. We also assist them in foiling other periodic and tax returns to ensure the seamless workflow of the company.
  • Our services include a collection of relevant data, review of annual returns, notifying clients about any GST amendments, and certifying statements of reconciliation.
  • GST For You provides you with a close review of the annual return while filling in the GSTR-9 form. We review audited annual accounts and reconciliation statements of the company and provide certifications for the same.
  • We can help you apply for the Temporary User ID. This is exceptionally helpful for unregistered users.
  • GST For You can identify the relevant HSN and SAC codes. We do this as much as the requirement.
  • We will help you with the identification of any discrepancies and shortcomings whenever you need them. 
  • GST For You also sees it through if we have to help our clients to apply for cancellation of registration. We also handle the revocation of cancellation of the registration. 
  • We oversee the compliance of businesses according to GST guidelines. 

GST Service – Related FAQs

  • What is GST?

GST stands for goods and services tax. It has been broken down into several stages and depends on the point of destination of the service. It is a compulsory tax levied on every value addition.

GST has replaced several indirect taxes that have now been included under its umbrella. This has made revenue collection even more of a simple process for the government.

 

  • When should you start paying GST for your business?

GST is charged to businesses on the basis of their turnover primarily. The businesses that have a yearly turnover of INR 40 Lakhs and above are subjected to the GST. These people need to register as ordinary taxable people. In some special category states, GST is payable above INR 20 Lakhs.

In some other cases, GST registration is necessary irrespective of what the turnover of the business is. Inter-state supply of goods or services, casual taxable persons, non-resident taxable persons, their agents, individuals under reverse charge mechanism, distributors, e-commerce operators, aggregators, etc. qualify for GST.

 

  • What are the different types of GST?

There are four types of GST. This classification makes the understanding and collection of revenue easier for the respective authorities and industries.

  • Central Goods and Services Tax (CGST)

As its name suggests, this tax is collected by the central government. CGST acts on the intra-state services and goods supply.

  • State Goods and Services Tax (SGST)

All sales occurring within a state are subjected to SGST and it is collected by the state. The rate of CGST and SGST is the same and both are levied upon service at once.

  • United Territory Goods and Services Tax (UTGST)

Similar to CGST, the UTGST is charged upon transactions taking place within the union territory. It is also collected along with CGST.

  • Integrated Goods and Services Tax (IGST)

For inter-state transactions and imports, the Government of India has put the IGST into action. Interestingly, the central government collects this and later redistributes it among the states. So, in case of an inter-state transaction, the state has to deal with the Union government only instead of all the other states involved in the transaction.

  • What are the central taxes that have been replaced by GST?

With the reformed GST laws set in motion since July 1, 2017, several central taxes have been replaced by it. These are:

  • Service tax
  • Excise duties
  • Central excise duties
  • Cesses and surcharge
  • Other excise duties
  • Customs duties and taxes
  • Special additional customs duty
  • What are the state taxes that have been included under GST?

The latest implementation of GST has been an inclusive one. The following state taxes have been included under GST:

  • State VAT
  • Central sales tax
  • Surcharges and state cesses 
  • Purchase tax
  • Entry tax
  • Entertainment tax
  • Luxury tax
  • Taxes on advertisements
  • Taxes on gambling games and lotteries
  • What are the penalties for not registering under GST?

Persons or businesses that fail to register under GST even though they are qualified to do so, are penalized by the central and state governments of India. At least INR 10,000 or 10% of the total due amount is charged from a defaulter. The authorities can also charge up to 100% of the tax amount as a one-stop penalty for deliberately going against the GST norms.