GST RELATED SERVICES
A supplier must register in each of such state or union territory from where he effects supply if the taxable value of supply exceeds the threshold limit. In GST registration, the supplier is allotted a 15-digit GST Identification Number called “GSTIN”, and a certificate of registration incorporating therein this GSTIN is made available to the applicant on the GSTN common portal. A registered person irrespective of their nature i.e. proprietary concerns/partnership firms/ LLP/ AOP/ HUF/ companies etc has to follow various statutory compliances monthly/ quarterly/ annually, as the case may be. Non-filling of the returns on the prescribed dates will attract interest, late fees, penalty as applicable. We also provide advisory for matters related to classification of an item as good/service, determination of HSN, place of supply, appropriate tax rate and any specific issue based on the requirement.
Certifications
A practicing Chartered Accountant is required to certify various forms related to reconciliation under GST audit, declaration in refund application, declaration for availing input tax credit when such declared amount exceeds the prescribed amount under law.
Annual return
An annual return must be filed once in a year by the registered taxpayers under GST on the due date as prescribed under law. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST and IGST. It consolidates the information furnished in the monthly or quarterly returns during the year. The types of annual returns are summarized hereunder.
WHY CHOOSE ACT 13 ADVISORY INDIA FOR YOUR GOODS AND SERVICES TAX ADVISORY SERVICES?
- We boast a dedicated pan-India team of 100-plus personnel from a diverse collection of professional backgrounds, comprising CAs, IT & ERP engineers, LLBs and MBAs
- Our GST team works closely with the IT & ERP team for reviewing tax logic and controls in the IT/ERP system and user acceptance tests
- We work with a broad client base across sectors including engineering and manufacturing, hospitality, retail, media & entertainment, pharma & healthcare, infrastructure & real estate, IT & ITES and gems & jewellery
We offer a knowledge-driven approach, having hosted GST workshops across India at prestigious forums such as CII, IEMAA, Bharat Diamond Bourse, Rio Tinto, Citibank, as well as contributing to a series of publications on GST
