Company Secretary In Selaiyur

Company Secretary In Selaiyur

REGISTRATION OF GST, FILING GST RETURNS ETC WILL BE HANDLED  Our firm has made unbelievable breakthrough in the providing Goods and Services Tax In India. Attributed for its flexibility and reliability, these services are broadly demanded. Clients can acquire these services at most affordable rates. Very good prompt professional service at reasonable fees. Timely advise and guidance provided by the Auditor was very useful to save lot of money and also to take right decisions. Being a start up unit guidance in financial matters including project report preparation, loans from banks and financial institutions was very useful. My personal experience is that if you are employed person or a business firm / establishment this is the right source and guide for all your financial needs under one roof.

Leave a Comment

Your email address will not be published. Required fields are marked *

Company Secretary In Selaiyur

Company Secretary In Selaiyur GST is the biggest tax reform in India which has tremendously improved business and increasing the taxpayer base in India by including millions of small businesses.GST has been implemented in India from 1st July, 2017. Under the new GST regime, over 1.3 crore business in India have been registered and issued GST registration Tax complexities would be reduced due to the abolishing and subsuming of multiple taxes into a single, simple system. 

The new GST regime mandates that all organization involved in buying or selling goods or providing services or both are required to register and obtain GSTIN. Registration is mandatory once the organization crosses a minimum threshold turnover or when an individual starts a new business that is expected to cross the prescribed turnover.GST annual return filing is mandatory for all organization having GST registration, irrespective of business activity or sales or profitability during the return filing period.

Hence, even a dormant business that obtained GST registration must file Nil GST return.Before filing GST annual return the taxpayer must have filed all GSTR-1 or GSTR-3B or GSTR-4 return for the period of April to March. In case there are overdue GST returns for the above-mentioned period, the GST registration holder will not be allowed to file GST annual return. GSTR-9: All GST registered organization are required to file GST annual return in form GSTR-9.

GSTR-9A:GST Composition Scheme under Goods and Services Tax (GST) are required to file GSTR-9A. GSTR 9C is applicable who obtain an annual GST audit of their accounts. GSTR-9C must be prepared and certified by a Chartered Accountant or Cost Accountant. GST audit is applicable for person having GST registration with an annual aggregate turnover of above Rs. 2 crores in a particular financial year. Registered organization are required to file 2 monthly returns and 1 annual return, in a year.

Organization have to file the GSTR-3B return every month providing details of sales and purchases made in a month. GSTR-1 return must be filed every month by businesses having an annual revenue of over Rs.1.5 crores/Having less than 1.5 crores of turnover required to file on a quarterly basis.Before the cancellation of registration, the Officer would issue a notice to such person whose GST registration is liable to be cancelled, requiring show cause within seven working days from the date of service of such notice.

Company Secretary In Selaiyur  The registered person can reply to the show cause notice within the prescribed time, or the GST registration can stand cancelled.Before applying for GST registration cancellation, the taxpayer must file all the GST returns up to date. In case there is non-compliance with respect to GSTR-3B return or GSTR-1 return or GST annual return. Shopkeeper are trader or wholesaler or any other type of business but all needs the trust from the customer.

Scroll to Top