All registered taxpayers are required to file annual return at the end of each financial year, irrespective of their turnover or profitability. The annual return form GSTR9 should be filed at the GSTIN level (for each registration made under GST act) for each financial year, applicable returns in form GSTR 1 and GSTR-3B need to be filed before filing annual return form GSTR9. Figures reflected in the GST (monthly/Quarterly) return should be thoroughly verified with the books of accounts and any difference in the same should be reconciled. Any error made while filing annual return or GST audit cannot be rectified later on. There is no provision available for corrections and also, any error made by taxpayer while filing monthly returns cannot be undone. Taxpayers may find it confusing to deal with various provisions and regulations of GST act.
By having an expert's professional advice/opinion may lead to less chances of errors and omission. TAX RUPEES is one of the best companies for GST return filing. Their core team is comprised of acknowledged experts. Who are committed to render the finest quality professional services? Their expert team members have vast knowledge, experience and understanding of integrated GST act and also all - state GST rules. They help clients in filing of their GST returns as well as all applicable periodic returns. Their services include keeping clients updated on GST amendments, collecting relevant data, filing of annual return, certifying reconciliation statement, handing notices/intimations from GST department and ensuring their timely reply etc with their up-to-date knowledge of recent circulars, notifications, rules and orders related to GST act, they assist clients with GST audit services and GST annual return filing along with complete reconciliation statement. In addition to that they offer GST advisory services. As a result, TAX RUPEES is known for providing excellent, reliable and complete GST solutions to clients in Delhi and NCR.
Chartered accountants bill the client based on the volume of work, the complexity and the time spent in doing the work.
The standard charges may range between Rs.500 to Rs.2000 for small business.
There have been instances where the client ends up paying penalties for oversight on the part of his tax practitioner. In one such incident the client was billed an amount of 5 lakh rupees but the tax practitioner only paid tax of Rs 1 lakh. To avoid such incidents, it is advisable to hire CA's who charge a little more but are more reliable. It is important to remember that the business margin is 10 percent and the GST rate is 18 percent. Any mistake in read more payment can result in a loss of 8 percent of the profit.
We recommend TAX Rupees - an online business services platform company working under the guidance of CA Sumit Tyagi. Tax Rupees help your business grow with their Corporate Services. Hassle free registration, tax filing and accounting.