We offer GST registration services, GST filing, GST payments, GST returns, GST appeals, GST Consultancy, and tax planning services.
All the service providers should obtain GST registration, if the entity’s aggregated annual turnover exceeds Rs.20 lakh per annum in most states and Rs.10 lakh in the Special Category States.
For all the other types of businesses, the entities must obtain GST registration, irrespective of annual aggregate turnover, if the businesses involved in supplying goods from one state to another.
Those registered under the pre-GST law (Excise, Service Tax, VAT, etc.)
Businesses having turnover above the specified threshold limit (Rs. 40 lakh for small businesses and Rs. 20 lakh for hilly and northeastern states, as per regulations)
Non-resident Indian (NRI) taxable persons
Those who pay tax under reverse charge mechanism
Entities involving in e-commerce or supply of goods and services via e-commerce operators
All e-commerce aggregators
Individuals eligible for TDS (tax deducted at source)
Entities involved in provision of online information or retrieval services or database access, from overseas location to a person within India, other than a registered taxable person.
The documents required for GST Registration includes PAN Card of the entity, the address proof of the place of business,Aadhar card, Bank account statement or a cancelled cheque, details of registration of business or Certificate of incorporation, digital signature,Identity and address proof of promoters and directors and authorisation letter or board resolution for authorised signatory.
Priya B & Co., Chartered Accountants offer robust solutions for filing of GST Returns which can be monthly as well as annual returns.A GST Return is a document mentioning details of income a taxpayer is required to file with the concerned tax authority on the basis of which the tax liability will be determined. A registered entity needs to file GST returns entailing Purchases, Sales, Output GST (on sales) and Input tax credit (GST paid on purchases). The various kinds of GST returns filed by taxpayers are GSTR - 1, GSTR - 2, GSTR - 2A, etc.
The Commissioner of CGST/SGST (or any officer authorized by him) may conduct an audit of a taxpayer. The frequency and manner of an audit will be prescribed later.
A notice will be sent to the auditee at least 15 days before.
The audit will be completed within 3 months from the date of commencement of the audit.
The Commissioner can extend the audit period for a further six months with reasons recorded in writing.
The aggregate turnover is calculated as follows:
Aggregate turnover = Value of all taxable inter state and intrastate supplies + exempt supplies + export supplies of all goods and services. The total turnover calculation is PAN based.
