GST Return Filing Services | Hassle-Free Tax Compliance

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GST Return Filing Online Services

Experience streamlined and hassle-free with Global Consultants, where compliance meets convenience. We ensure your business meets all regulatory requirements efficiently, with returns filed accurately and on time by our team of senior experts. Our services are designed to cater to the specific needs of businesses, covering monthly, quarterly, and annual filings.

Maintaining compliance under the Goods and Services Tax (GST) Act of 2017 necessitates regular GST return filing. This process requires all registered businesses to submit their tax information and transaction details. Through these filings, businesses document sales, purchases, GST collected on sales (output GST), and claim input tax credit (ITC) on purchases.

● Avoid Penalties: Late filing can attract penalties and interest up to 18% per annum; our timely filing service helps you avoid these costs. Maintain Compliance: By keeping your business in good standing with the GST department, you can avoid audits and notices. Claim

● Input Tax Credits: Filing returns promptly enables effective claiming of ITC, thereby reducing your overall tax burden.

● Maintain Compliance:

Keep your business in good standing with the GST department, avoiding audits and notices.

● Claim Input Tax Credits:

Timely filed returns allow for the effective claiming of ITC, reducing your overall tax burden.

● Support from Government Initiatives :

Regular filers benefit from government-backed incentives, including faster processing of refunds.

● Enhanced Business Reputation:

Demonstrating compliance enhances trust with stakeholders, customers, and financial institutions.

● Expert Knowledge and Experience – Global Consultants have in-depth expertise in GST laws and regulations, ensuring accurate filing and compliance with all legal requirements. Their experience helps avoid common mistakes and penalties associated with GST returns.

● Timely Filing and Compliance – They ensure your GST returns are filed on time, avoiding late fees and legal complications. Their team keeps track of important deadlines and submits your returns promptly.

● Minimize GST Liabilities – By providing accurate and efficient services, Global Consultants help businesses minimize GST liabilities and maximize eligible tax credits, ensuring you don’t overpay or miss out on potential refunds.

● Customized Solutions – Global Consultants tailor their services to fit your business’s specific GST needs, whether you’re a small business or a large corporation, offering personalized advice and solutions.

● Seamless Process – Their team takes care of all technicalities, from reconciling purchase and sales data to ensuring the proper calculation of taxes, making the filing process smooth and hassle-free.

Essential Documents for GST Return Filing:

GST Registration Certificate
Sales and Purchase Invoices
Tax Paid on Purchases
Sales Return and Credit Notes
GST Payment Challans
Bank Statements
GST Ledger
Import Documents
Advance Payments and Invoices
Previous Return Filed

All registered business entities under GST must file returns. This includes:

● Regular businesses, composition scheme registrants.

● Input service distributors, TDS/TCS deductors.

● Businesses with an annual turnover above ₹1.5 crore.

● Non-resident Indian business operators and e-commerce platforms.

step-by-step guide to the GST return filing process:

1. Log into the GST Portal-Visit the official GST portal (www.gst.gov.in).
Use your GSTIN (GST Identification Number) and password to log in.
2. Select the Return Type-Choose the appropriate return type based on your business activity, such as:GSTR-1 for outward supplies (sales),GSTR-3B for summary of inward and outward supplies,GSTR-9 for annual return.
3. Prepare Sales and Purchase Details-Provide details of all sales transactions and Upload purchase invoices to claim input tax credit (ITC).
4. Reconcile Data-Ensure that your sales and purchase data are reconciled with the GSTR-2A (auto-populated from suppliers’ returns).Verify the GST paid on purchases is correctly claimed as input credit.
5. Enter Other Required Information-Include details of taxable value, GST rates, input tax credit (ITC), exports, and advance payments, if applicable.
6. Review and Validate the Return-Carefully check all entered information.
Use the GST portal’s validation tool to check for errors or discrepancies.
7. Pay GST (if applicable)-If any output tax liability is due, make the payment using available payment methods. Generate and download the payment challan.
8. File the Return-After reviewing, file the return by submitting it on the GST portal. You will receive an acknowledgment receipt (ARN) upon successful submission.
9. Generate and Download GSTR-3B Summary-After filing, download and keep a copy of your GSTR-3B summary for your records.
10. Keep Records and Documents-Maintain proper records of the filed return, invoices, and payment receipts for future reference or audits.

GSTR-1: Outward supply return, due on the 11th (monthly) or 13th (quarterly).
GSTR-3B: Summary return, due on the 20th (monthly) or 22nd (quarterly).
GSTR-4: Return for Composition Scheme, due on 30th April.
GSTR-5: For non-resident taxable persons, due on the 20th.
GSTR-6: For Input Service Distributors, due on the 13th.
GSTR-7: TDS return, due on the 10th.
GSTR-8: E-commerce operator TCS return, due on the 10th.
GSTR-9: Annual return, due on 31st December.
GSTR-9C: Reconciliation statement for large taxpayers, due on 31st December.
GSTR-10: Final return upon deregistration, due within 3 months of cancellation.
GSTR-11: For UIN holders, due on the 28th.

● Late Fees:

GSTR-3B: ₹50 per day (₹25 CGST + ₹25 SGST) for delay in filing returns.
GSTR-1: ₹200 per day (₹100 CGST + ₹100 SGST) for late filing.
The late fees are capped at ₹5,000 for both GSTR-1 and GSTR-3B.

● Interest:

Interest on Late Payment of Tax: 18% per annum on the tax payable for the period of delay.
Interest is calculated from the due date until the actual payment date.

● Revocation of Registration:

Persistent non-filing (3 consecutive returns) may lead to the cancellation of GST registration.

● Disallowance of Input Tax Credit (ITC):

If GSTR-3B is not filed, the taxpayer cannot claim ITC for that period.

● Prosecution:

Serious offenders (those not filing returns for more than 6 months) may face prosecution under GST laws.

● File Returns on Time: Ensure timely submission of all GST returns (e.g., GSTR-1, GSTR-3B, GSTR-9).
● Accurate Reporting: Report correct transactions, including sales, purchases, and input tax credit.
● Reconcile Data: Regularly reconcile books with GST returns to avoid discrepancies.
● Timely Tax Payment: Pay taxes promptly and maintain payment receipts.
● Maintain Proper Documentation: Keep organized records of invoices and relevant documents.
● Avoid Filing Errors: Double-check data to prevent mistakes in returns.
● Stay Updated: Keep track of changes in GST laws and tax rates.
● File Annual Return: Ensure timely filing of the annual return (GSTR-9) and audit reports.
● Resolve Discrepancies: Address mismatches in returns to stay compliant.
● Leverage Technology: Use GST software for accurate and automated filings.

Global Consultants provides comprehensive support for GST return filing to ensure businesses remain compliant with GST regulations. Here’s how they assist:

● Expert Guidance: Their experienced team helps businesses understand complex GST provisions and ensures proper filing.

● Timely Filing: Global Consultants ensure that GST returns are filed on time, avoiding penalties and late fees.

● Accurate Data Entry: They ensure that all transactions, including sales, purchases, and input tax credits, are correctly reported in the GST returns.

● GST Audit Assistance: In case of audits, they assist in resolving discrepancies and provide the necessary documentation.

● Custom Solutions: Global Consultants provide tailored services based on the specific needs of each business, including compliance for both small and large enterprises.

By choosing Global Consultants, businesses benefit from a hassle-free GST filing process, reducing errors, ensuring compliance, and minimizing the risk of penalties.

1. Can I file GST returns after the deadline?

Yes, GST returns can be filed after the deadline, but this may incur late fees and interest charges. It’s best to file as soon as possible to minimize these penalties.

2. What happens if I file incorrect GST returns?

If errors are discovered in your GST returns, you can amend them in the next tax period. However, frequent errors can lead to audits and increased scrutiny from the GST department.

3. Are there any exceptions to the GST return filing requirements?

Businesses with no taxable sales or purchases need to file a NIL return but cannot skip the filing process entirely.

Get Started with Global Consultants

Ensure your business remains compliant and efficient with our expert GST return filing services. Contact Global Consultants today to schedule a consultation and take the first step towards hassle-free GST compliance.