The Goods and Services Tax (GST) is the unified Indirect Tax Regime applicable across India. It includes taxes on Sale of Goods and provision of Services and allows unrestricted flow of the Input Tax Credit (ITC) across the Value Chain. GST in principal is of three types viz. Central (CGST), State (SGST) and Integrated (IGST). However, the entire GST Regime is governed by a common Portal and there is single compliance mechanism for all the acts governing GST Laws in India..
The key to effective management of GST lies in the accuracy in understanding of the tax liability, knowledge of the latest amendments, timely payment of taxes & filling of returns and other compliance together with proper representation in the GST Department.
At RITUL PATWA & CO, Chartered Accountants, Jaipur, India – We provide a range of professional services given hereunder and advice our client in identification and implementation of tax planning opportunities under the GST Law and other commercial tax laws for the establishment and subsequent profitable conduct of business in different sectors. Our focus is to ensure that the client’s needs are serviced in a quick, cost effective and transparent manner.
Major GST Assistance available for our clients are as under : –
|Obtaining Registration under Goods and Services Tax (GST) Act||Consulting the client on the applicable Rate of GST, exemptions and zero rated supply under GST, Export procedures under GST.|
|Preparation and filling of Monthly, Quarterly and Annual returns||Obtaining Advance Ruling under GST from the Department to avoid future disputed on Taxability and Rate of Tax|
|Representation before Tax authorities in connection with tax assessments, refunds, appeals and other matters||Generation of E-Way Bills and Trucking Support for the seamless movement of Goods|
|Advisory services relating to minimization of tax exposure||Filling of Refund and representation before the Department in resolving the Refund issues of the client|
|Filling of Appeals, Litigation and Representation Service for sorting adverse issues related to GST||Regular support and coordination with the Internal Accounting Department of the company for tax related support and tax account reconciliation|