Services

GST Return Filing AndReconciliation Services

At Dang & Associates, we offer expert GST Return Filing & Reconciliation services to help businesses stay compliant with the Goods and Services Tax (GST) regulations. Proper filing and accurate reconciliation of GST returns are crucial to avoid penalties, interest, and discrepancies. Our team of professionals ensures that your GST returns are filed accurately and on time, while also managing any discrepancies in your GST accounts through regular reconciliations.

Our GST Return Filing & Reconciliation Services Include:

GST Return Filing Services:

We provide complete assistance in filing GST returns on behalf of businesses, ensuring that all returns are filed correctly and on time. Our team handles various types of GST returns, including:

·       GSTR-1: Monthly or quarterly return for reporting outward supplies (sales).

·       GSTR-3B: Monthly summary return for reporting both outward and inward supplies and claiming Input Tax Credit (ITC).

·       GSTR-9: Annual return for reporting consolidated details of all transactions.

·       GSTR-9C: Reconciliation statement required for taxpayers whose turnover exceeds the prescribed threshold and is subject to audit.

·       We ensure that each return is filed in line with the latest GST provisions and regulations, preventing any errors or omissions.

GST Return Due Date Management

·       We maintain a proactive system for tracking GST due dates to ensure timely filing of all returns. By managing your filing schedule, we ensure that your returns are filed on time, avoiding any penalties or interest charges for late submissions.

Input Tax Credit (ITC) Reconciliation

·       One of the key aspects of GST compliance is reconciling input tax credits. Our team ensures that the ITC claimed on your GST returns matches the credit reflected in your GSTR-2A (auto-populated purchase return).

·       We perform reconciliations between your purchase invoices, sales invoices, and GST returns to ensure that all ITC claims are legitimate and in accordance with GST laws.

·       If discrepancies are found in ITC claims (e.g., missing credits, incorrect claims), we help rectify them before filing returns.

Sales and Purchase Reconciliation

·       We perform detailed sales and purchase reconciliation to verify that the transactions reported in GSTR-1 (sales) align with GSTR-3B (summary return) and GSTR-2A (purchase returns).

·       We ensure that your sales invoices are accurately reflected in your returns and that you’re claiming the correct ITC on your purchases.

Handling Mismatches and Rectifications

·       Discrepancies between your GST returns and your books of accounts can arise, leading to potential issues during audits. Our team handles mismatches in GST filings and works with you to correct them before the due date to avoid penalties.

·       We assist with rectifying incorrect returns and filing revised returns (e.g., if you discover an error or omission after submitting a return) to ensure that your records are accurate and in compliance.

GST Data Migration & Integration

·       For businesses migrating from older tax systems or manual accounting methods to GST-compliant systems, we assist in data migration and system integration to ensure that all records are properly transferred and GST-compliant.

·       We also ensure that your accounting systems and software are integrated with GST return filing tools, making the process more streamlined and reducing errors.

GST Audits and Assessments

·       If your business is selected for a GST audit or tax assessment, we offer expert guidance and support. We ensure that all necessary records, data, and reconciliations are in place to assist you during audits.

·       Our team prepares your records for audit, helps you provide accurate information to tax authorities, and resolves any discrepancies in the filings.

GST Refunds & Claims

If your business is eligible for GST refunds, such as in the case of excess input tax credit (ITC) or export transactions, we help you file the necessary refund applications and ensure that all related documentation is provided to the authorities.

·       We monitor the status of your refund claims and assist in resolving any issues or delays in processing.

GST Compliance Health Check

·       Our team conducts regular GST health checks to ensure that all returns are filed accurately and reconciled with the books. These checks help identify potential risks, such as missed ITC claims or errors in sales reporting, before they become issues.

·       We review the overall GST compliance of your business, recommending improvements or corrections to ensure that you’re always in line with regulatory requirements.

E-commerce GST Compliance

For businesses operating through e-commerce platforms, we help ensure that your GST returns are filed in compliance with the GST e-commerce guidelines, including correct reporting of Tax Collected at Source (TCS) and other e-commerce-related requirements.

Why Choose Dang & Associates for GST Return Filing & Reconciliation?

·       Timely Filing: We ensure that your GST returns are filed accurately and on time, minimizing the risk of penalties, interest, or other compliance issues.

·       Accurate Reconciliation: Our team provides detailed reconciliation of your sales, purchases, and input tax credits to ensure that your GST filings are accurate and in compliance with the law.

·       Expert Guidance: With our in-depth knowledge of GST regulations and procedures, we provide expert guidance to resolve any GST-related issues or discrepancies that may arise.

·       Proactive Approach: We monitor your GST filing process closely, identifying potential issues early and working to resolve them before they impact your business.

·       Custom Solutions for Businesses: Whether you are a small business, large enterprise, or an e-commerce seller, we tailor our services to your specific needs and ensure GST compliance at every step.

·       Audit & Dispute Support: In case of GST audits or disputes, we provide support and representation, ensuring that your business is fully prepared and that any issues are resolved effectively.

 

At Dang & Associates, we simplify GST return filing and reconciliation to help you stay fully compliant with GST laws while optimizing your business’s tax position. Let us handle your GST obligations, so you can focus on growing your business with peace of mind.