GST Return
A GST return is a document that contains details about the income of the taxpayer which he needs to fill with the tax authorities. Tax authorities use this information to calculate tax liability. GST returns should include the sales and purchases executed by the taxpayer and the GST charged/paid on both. Under GST taxpayer have to file the GST return on periodic basis. GSTR-1 to be filed monthly/quarterly, GSTR-9 to be filed Annually and GSTR-3b to be filed monthly.
If you need help filling in your GST return, Connect Soul is here to help you. You just need to provide us with the required documents and we would assist you in filing your GST return as per terms and regulations. Consult us on filing your GST return correctly in order to avoid fines.
E-way Bill
Electronic Way Bill also known as e-way bill is a unique document which is generated electronically for specific consignment which involve movement of goods from one place to another, inter-state or intra-state, of value exceeding Rs. 50,000 under the GST regime. Generation of an e-way has been made compulsory from 1st April, 2018. After the generation of an e-way bill, a unique e-way bill number is generated which is made accessible to all the parties involved in a transaction namely supplier, recipient and transporter.
Connect Soul can assist you in getting an e-way bill. Our aim is to help the entrepreneur on the legal and regulatory requirements, and be a partner throughout the business lifecycle, offering support at every stage to ensure the business remains compliant and continually growing. Connect Soul is here to help you with all kinds of business registration obstacles that you may face.
Audit & Annual Return under GST
Every person having Goods And Services Tax (GST) registration must file GST annual return in Form GSTR-9 or 9A or 9C.
It is mandatory for all taxpayers registered under GST to file GST annual return. It does not matter whether your business is running into profits or losses, even a dormant business that obtained a GST registration has to file GST return.
GST Annual Return Types
GSTR-9: Taxpayers registered under GST must file GSTR-9. All the details related to the outwards/inwards supplies made/received during the previous financial year under the different tax heads are included in it. It is also a consolidation of all the monthly/quarterly returns filed in that year. This may be a little complex but it helps in extensive reconciliation of data for 100% transparent disclosures.
GSTR-9A: All taxpayers who have opted for GST Composition scheme under GST must file GSTR-9A.
GSTR-9C: GSTR-9C must be filed by taxpayers who are required to obtain an annual GST audit of their accounts. GSTR-9C is basically meant for filing the reconciliation statement pertaining to a particular financial year. It is a statement of reconciliation between the Annual Returns in GSTR-9 and the numbers mentioned in the Audited Financial Statements of a taxpayer.
Connect Soul offers the best GST services from registration to GST annual return filing, GST accounting support for preparation of accounts and filing of GST annual returns. Our experts ensure error free GST registration filing. We will make sure that you don’t have to pay any penalty. Once you provide all the documents to us, we will make sure that you never have to undergo any penalty. Schedule an appointment with us to get to know all about GST return filing.
GST Surrender
If any taxpayer close their business can apply for GST surrender upon discharging of all its liability under GST Act.
GST Modification
GST modification refer to any alteration in GST registration credential like Address change, Name change, product/service change etc.
GST Assessment
GST Assessment refer to proceeding going on before the GST authorities where any representation required on behalf of taxpayer or have represent their case before GST department.
Connect Soul is here to help you with all kinds of business obstacles that you may face.