GST Registration And Compliance Services
At Dang & Associates, we provide end-to-end GST
Registration & Compliance services designed to help businesses navigate
the complexities of the Goods and Services Tax (GST) system. GST
compliance is mandatory for businesses engaged in the supply of goods and
services, and non-compliance can lead to penalties, interest, and reputational
damage. Our team of experts helps businesses of all sizes stay fully compliant
with GST laws, manage their GST obligations efficiently, and take advantage of
available tax credits.
Our GST Registration & Compliance Services
Include:
1)
GST Registration Assistance
We assist businesses in obtaining
GST registration, ensuring that all necessary documents are filed and
requirements met. Our team helps determine whether GST registration is
mandatory based on your business turnover and the nature of operations and
handles the entire registration process, from application to obtaining your
GSTIN.
We guide businesses in
registering under the GST Composition Scheme for small businesses,
offering an easier and more cost-effective way to comply with GST regulations.
2)
GST Filing & Return Filing Services
We manage the preparation and
filing of GST returns on your behalf, ensuring that all returns are
filed accurately and on time. Our team ensures that returns like GSTR-1
(Outward Supplies), GSTR-3B (Monthly Summary Return), GSTR-9
(Annual Return), and other forms are correctly completed and submitted in
compliance with GST laws.
We track all your invoices and
transactions, ensuring that your input tax credit (ITC) claims and outward
supplies are reported accurately.
3)
GST Reconciliation
We conduct regular GST
reconciliation to ensure that your GST filings align with your accounting
records and that any discrepancies are identified and addressed. This includes
reconciliation between GSTR-1 (sales returns) and GSTR-3B
(summary return) and between GSTR-3B and GSTR-2A (auto-populated
purchase return).
Our team ensures that the input
tax credits you claim are valid and that any mismatches are rectified before
filing your returns.
4)
Input Tax Credit (ITC) Management
We help businesses maximize their
Input Tax Credit (ITC) by ensuring that they are aware of all available
credits on purchases and expenses. Our team ensures that input credits are
claimed properly, helping you reduce your overall GST liability.
We also advise on the eligibility
of ITC on specific purchases and expenses, ensuring compliance with the
relevant GST provisions.
5)
GST on E-commerce and Online Sales
We
provide specialized GST compliance services for e-commerce businesses
and those selling through online platforms. We guide businesses on the
application of GST for online sales, tax collection at source (TCS), and help
them comply with e-commerce-specific provisions under the GST law.
6)
GST on Exports & Imports
Our team assists businesses
engaged in export and import with the specific GST provisions related to
international trade. We help ensure that exports are zero-rated under
GST, and that import duties and compliance are properly handled.
We guide you in claiming refunds
on input tax credits for export transactions, ensuring that your exports
remain tax-efficient.
7)
GST Consulting & Advisory
We offer ongoing GST advisory
services, helping businesses stay up to date with the latest changes in GST
laws, amendments, and notifications. Our team provides tailored advice on
complex GST issues, such as reverse charge mechanism, place of supply, and
taxability of specific goods and services.
We help businesses assess the
impact of GST on their operations and advise on the most tax-efficient
strategies to adopt under the current GST regime.
8)
GST Compliance Health Check
We conduct periodic GST
compliance health checks to review your business’s GST processes,
documentation, and tax filing practices. This helps ensure that all your GST
records are up-to-date and compliant with applicable laws.
Our team identifies any potential
risks, such as missed input credits, incorrect classifications, or late
filings, and provides actionable solutions to avoid compliance issues.
9)
GST Penalty & Dispute Resolution
In case of penalties, disputes,
or audits by tax authorities, we offer expert representation and support to
resolve matters efficiently. Our team helps businesses handle GST-related
disputes, including wrongful penalties, delayed refunds, and audit
assessments, and works to resolve these matters promptly.
a) Key Areas of GST Compliance:
1)
GST on Goods and Services
We
assist businesses in understanding the correct tax rate to apply for different
goods and services and help you classify products and services in line with GST
law.
2)
GST on Invoices & Documentation
Our
team ensures that your invoices, bills, and other relevant documentation comply
with GST provisions. We help ensure that each invoice contains the necessary
details such as GSTIN, HSN/SAC code, and correct tax rate.
3)
GST Returns:
4)
GSTR-1 (Outward Supply):
Reporting sales transactions, including GST charged on goods and services.
5)
GSTR-3B (Summary Return):
Reporting monthly summary of outward and inward supplies and claiming ITC.
6)
GSTR-9 (Annual Return): Filing
annual return, which is a comprehensive summary of monthly/quarterly returns.
7)
GST Refunds & Claims
We
assist businesses in claiming GST refunds for unutilized input tax
credits or export-related transactions. Our team ensures that all necessary
documentation is provided to the authorities to process refunds promptly.
8)
GST on Reverse Charge Mechanism (RCM)
We
assist businesses in understanding and complying with the Reverse Charge
Mechanism (RCM), where the recipient of goods or services is required to
pay GST directly to the government instead of the supplier.
9)
GST on TDS and TCS (Tax Deducted at Source
& Tax Collected at Source)
We help
businesses comply with GST TDS/TCS provisions for specific transactions,
such as government contracts or e-commerce sales, ensuring that these are
correctly deducted, paid, and reported.
Why Choose Dang & Associates for GST Registration & Compliance?
- Expert
Knowledge of GST Laws: Our team is well-versed in the latest
GST regulations and amendments, ensuring that your business remains
compliant with evolving tax laws.
- Timely
Filing & Remittance: We ensure that your GST
returns are filed on time, avoiding penalties, interest, and other legal
complications.
- Maximized
Input Tax Credit: We help you optimize your input tax credit
claims, ensuring that you benefit from the maximum credits available,
thereby reducing your tax liability.
- Comprehensive
GST Services: From registration to filing,
reconciliation, and audits, we provide a full spectrum of GST services,
simplifying the entire process for you.
- Tailored
Solutions for Businesses: Whether you are a small
business, a large enterprise, or an e-commerce seller, we offer customized
GST solutions to suit your specific business requirements.
- Audit
& Dispute Resolution: In case of audits or
disputes, our team represents you and ensures that your interests are
protected, minimizing the risk of additional tax liabilities.
Dang & Associates ensures
that your business is fully compliant with GST regulations while
minimizing your GST liabilities. With our comprehensive GST services, you can
rest assured that your business will be in safe hands, enabling you to focus on
your core operations without worrying about tax issues.