A chartered Accountant can Provide Invaluable Assistance with GST Filing

 

GST Filing


A chartered accountant in Chandigarh can provide invaluable assistance with GST filing and compliance for a company in the following ways:

1.    Registration Assistance - The CA can help obtain new GST registration or migrate existing registration to the GST system. This includes guidance on the documentation required.

2.    Return Filing - The CA can file monthly, quarterly, and annual GST returns on behalf of the company within prescribed due dates. This includes GSTR-1, GSTR-3B, GSTR-9 etc.

3.    Reconciliation of Books - The CA reconciles the company's books of accounts with GST returns to ensure accuracy and timely compliance.

4.    Input Tax Credit - The CA examines business transactions to ensure optimal utilization of input tax credits and avoid unnecessary tax liability.

5.    Tax Payment - The CA assists in generating challans for tax payments and ensuring timely deposit of GST collected/paid into government account.

6.    Notices and Assessments - The CA handles any GST notices received and assists with assessments or audits if conducted by tax authorities.

7.    Refunds - The CA reviews and files any refund applications on behalf of company under inverted duty, excess payment etc.

8.    Record Keeping - The CA maintains proper GST accounts and records as prescribed by law.

Having a qualified CA ensures accurate and timely compliance under GST for a company. Their expertise and understanding of GST laws is very useful for maintaining compliance and avoiding penalties or interest. If your looking for GST consultant in Chandigarh call to us.

Here are the key steps to file GST returns online:

1.    Register on the GST Portal - Visit www.gst.gov.in and sign up for a new account. You will need your business PAN, mobile number, email ID, etc. to register.

2.    Login to GST portal - Use your login credentials to login to the GST portal.

3.    Select Return Filing tab - Go to Services > Returns > Returns Dashboard. This is where you can file your GST returns.

4.    Select period for which return is to be filed - Choose the tax period (month/quarter) for which you need to file the GST return.

5.    Select the type of return - There are several types of GST returns like GSTR-1, GSTR-2, GSTR-3B, etc. Select the appropriate one.

6.    Enter invoice details - Fill the invoice-wise details of your outward and inward supplies, tax liability, amount paid, input tax credit etc.

7.    Preview and submit - Preview the final return details before submission. Ensure all information is accurate.

8.    File return and pay tax - Generate challan for tax payment and make payment if any tax is due. File the return after making payment.

9.    Download filed return - You can download a copy of the filed GST return as PDF for your records.

10. File monthly/quarterly returns on time - Ensure you file your GST returns within the prescribed due dates to avoid penalties.

I hope this gives you a clear overview of the process to file your GST returns online through the GST portal. Let me know if you need any clarification. Call us or login to our official site https://singlapawanassociates.com

 

 


Location: Chandigarh, India

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