GST RETURNS FILING
Introduced in July 2017, Goods and Services Tax (GST) is the biggest indirect tax reform in India. GST laid the foundation for a more efficient tax system, has rationalized the tax structure and simplified the compliance procedures by replacing multiple central taxes and duties, as well as local state taxes.
A key component of GST is the automation of compliance procedures to reduce errors and increase efficiency. GST requires greater integration of tax domain knowledge and technology, as compliance has become paperless and data-intensive, with sector-specific nuances. The digitalization has also created a new paradigm in tax administration and reports and analytics.
We make sure that the GST return is filed without any errors, so we follow the below process which makes sure that the return is submitted without any errors:-
a) You provide us with all of your sales and purchase details for preparing the return.
b) Within 2 working days, we will make a summary for you in an excel sheet which contains all the details like date, GSTIN, invoice number, gross amount, GST amount, round off, place of supply etc. along with the dashboard which shows the total GST input, total GST output and net payable.
c) We submit this GST calculation sheet to you via email or WhatsApp so you can cross check our calculation and confirm whether we have included all the sales invoice and purchase bill for that period.
d) Once you approve it, we will file the return on the GST portal.