GST Return Filing is a mandatory process for all businesses registered under the Goods and Services Tax (GST) in India. Filing returns involves reporting sales, purchases, tax collected, and tax paid on a regular basis. Timely and accurate filing helps businesses stay compliant, claim input tax credits, and avoid penalties. Regular GST filings also help maintain a good compliance rating, which is crucial for building business credibility and avoiding disruptions.

With Vision Tax’s GST Return Filing Services, businesses can ensure timely and accurate filing of returns, optimize tax credits, and stay updated with the latest GST regulations.

• Legal Compliance: Fulfills statutory requirements, avoiding penalties and legal complications.
  

• Input Tax Credit (ITC) Optimization: Allows businesses to claim ITC on eligible purchases, reducing tax liability.
  

• Avoidance of Penalties and Interest: Timely filing prevents penalties and interest charges for late submissions.
  

• Enhanced Business Credibility: Maintains a good compliance rating with tax authorities, valuable in transactions and audits.
  

• Financial Transparency and Clarity: Provides a clear record of tax liabilities and tax credits, aiding financial planning.

1. Monthly, Quarterly, and Annual Filings: Assistance with filing requirements like GSTR-1, GSTR-3B, GSTR-9, and others as needed.

2. Invoice Matching and Reconciliation: Verification of sales and purchase invoices for accurate reporting and ITC claims.

3. Input Tax Credit (ITC) Optimization: Thorough review to ensure eligible ITC is fully claimed.

4. GST Payment Support: Help in calculating and making payments for GST liabilities.

5. Handling GST Notices and Audits: Support in addressing GST-related notices, audits, or discrepancies from authorities.

• GST-Registered Businesses: All registered entities, such as proprietorships, partnerships, LLPs, companies, and trusts, must file returns.
  

• Regular and Composition Dealers: Regular taxpayers file monthly or quarterly, while composition dealers file quarterly with an annual return.
  

• E-commerce Operators and Suppliers: Specific GST filings apply for businesses on e-commerce platforms or online marketplaces.

• GST Registration Certificate: Proof of GST registration.
  

• Sales and Purchase Invoices: Detailed records for accurate tax calculation.
  

• Bank Statements (if required): To verify financial transactions.
  

• Previous GST Returns: Copies of filed GST returns for continuity and accuracy.
  

• Additional Compliance Documents: Any specific documents related to tax notices, audits, or special transactions.

1. Collect all sales and purchase invoices for the filing period.

2. Review tax collected, paid, and ITC claimed for discrepancies.

3. Reconcile invoice data with financial records.

4. Prepare the appropriate GST return form (GSTR-1, GSTR-3B, GSTR-9, etc.).

5. Submit the return on the GST portal and retain the acknowledgment.

1. Document Collection: Gather all transaction records, including invoices, bank statements, and financial summaries.

2. Data Verification and Reconciliation: Conduct a thorough reconciliation of sales and purchase records.

3. GST Return Preparation: Prepare monthly, quarterly, or annual returns.

4. GST Payment Calculation: Calculate outstanding GST liability and assist in payment.

5. Submission and Acknowledgment: File the return on the GST portal and retain acknowledgment for future reference.

6. Post-filing Support: Assist with any queries, revisions, or responses needed post-submission.

• GSTR-1: Monthly or quarterly return detailing outward supplies (sales).
  

• GSTR-3B: Monthly summary return capturing sales, purchases, and tax liabilities.
  

• GSTR-4: Quarterly return for composition scheme taxpayers.
  

• GSTR-9: Annual return consolidating all monthly or quarterly filings.
  

• GSTR-9C: Reconciliation statement for audited businesses detailing financial discrepancies.

Our Fees: Rs. 1,000 + GST per month for regular compliance
Additional fees apply for handling GST notices, audits, or any special reconciliation requirements.

Standard processing time for regular filing is 1-3 days after receipt of all necessary documents. For complex cases or notices, processing times may vary.