• Jeevan Bhima Nagar, Anna Nagar West
  • wishtreeconsultancy@gmail.com
  • Office Hours: 8:00 AM – 7:45 PM

GST Filling in Anna Nagar & GST Filling Service/GST Filling WTC

We provide quick and affordable GST Filing Service through 100% online process.
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₹ 600/- onwards

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    GST Filing

    Roles of GST Filing in Anna Nagar

    A GST return is submitting details of all sales and purchases to the tax administrative authorities. All registered businesses have to file monthly or quarterly GST return based on the type of business. GST return filing is mandatory, irrespective of whether or not any transaction has been recorded in a month. In the case of non-filing of GST Returns, a late fee of ₹100 per day will be chargeable till such delay continues. GST Consultant in Chennai team will review and start working on it.

    Documents

    Documents Required

    GST portal

    GST portal User name & Password

    Tally back up

    Tally back up if any

    Register

    Sales register and Purchase register

    Ledger

    ITC Ledger

    How Does it Work?

    Submission of required Documents to WTC Team through E-mail
    Our dedicated professional would review & start working on it
    Our Team will Send you Draft GST Computation & Challan through e-mail
    Only after your confirmation, we will e- file GST return
    Complete GST deliverables will be sent to your E-mail for your records

    GST Filing Cost In Anna Nagar

    Basic For getting started
    ₹600
    Per Month
    • GST Filing (GSTR 3B and GSTR 1) for business with less than Rs.20 lakhs turnover. Plan includes input tax reconciliation & GST Payment support
    Get Started
    Most popular
    Standard Best for most users
    ₹1,500
    Per Month
    • GST Filing (GSTR 3B and GSTR 1) for business with Rs.20 lakh – Rs.70 lakh turnover. Plan includes input tax reconciliation & GST Payment support
    Get Started
    Premium For enterprises
    ₹3,000
    Per Month
    • GST Filing (GSTR 3B and GSTR 1) for business with Rs.70 lakh – Rs.200 lakh turnover. Plan includes input tax reconciliation & GST Payment support
    Get Started

    GST Return Filing Website Content

    GSTR -9

    What is GSTR -9 – GST Annual Return Filing ?

    Are you struggling with the complications of GST filing? Do you find it time-consuming and stressful to stay compliant with ever-changing regulations? We have the perfect solution for you!

    GST Return

    What do mean by filing of GST return?

    The Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. Every taxpayer registered under GST has to file GST returns. These returns are used to calculate the tax liability by the government. GST is an evolving system of taxation and the government keeps updating the rules and regulations around it. So, it is important to stay up-to-date to be able to file your returns correctly. Our GST return filing service helps taxpayers to get it done easily. Our professionals will take care of the filings so you don’t have to worry about keeping up with the due dates and staying GST compliant.
    Get Free Consultation

    Types of GST

    What are the types of GST returns?

    Type of GST Return

    Nature of GST return

    Due date

    GSTR-1

    This return is filed by regular taxpayers and contains details of outward supplies (sales) made during a specific period

    Monthly filing: Due on the 11th of the following month.

    Quarterly filing: Due on the 13th of the month succeeding the quarter.

    GSTR-3B

    It is a monthly summary return filed by regular taxpayers to report summarized details of inward and outward supplies along with the payment of tax.

    Due on the 20th of the following month.

    GSTR-4

    This return is filed by Composition Scheme taxpayers on a quarterly basis, providing a summary of their quarterly sales and tax payable.

    Due on the 18th of the month succeeding the quarter.

    GSTR-5

    It is filed by Non-Resident Foreign Taxpayers (NRIs) who conduct business in India and captures the details of their supplies and tax liability

    Due on the 20th of the following month.

    GSTR-6

    This return is filed by Input Service Distributors (ISDs) to furnish details of the input tax credit (ITC) received and distributed to other units under their purview

    Due on the 13th of the following month.

    GSTR-7

    It is filed by Tax Deductors at Source (TDS) who deduct tax at source while making specified payments to suppliers. This return includes details of TDS deducted and deposited

    Due on the 10th of the following month.

    GSTR-8

    This return is filed by e-commerce operators who collect tax at source (TCS) on supplies made through their platforms. It contains details of supplies and tax collected

    Due on the 10th of the following month.

    GSTR-9

    It is an annual return filed by regular taxpayers, providing a comprehensive summary of their outward and inward supplies, input tax credit (ITC) availed, and tax payable

    Due on or before December 31st of the subsequent financial year.

    GSTR-9A

    This return is filed by Composition Scheme taxpayers on an annual basis, summarizing their annual sales, tax payable, and ITC availed.

    Due on or before December 31st of the subsequent financial year.

    GSTR-9C

    It is a reconciliation statement and certification filed by taxpayers whose annual turnover exceeds a specified limit. It includes audited financial statements and a reconciliation of turnover and taxes.

    Due on or before December 31st of the subsequent financial year.

    Note: It’s important to note that these due dates are subject to change and it is advisable to check for any updates or extensions provided by the GST authorities. Timely filing of GST returns is crucial to avoid penalties and maintain compliance with GST regulations.

    Steps

    Steps to File GST Returns

    Monthly reminders well
    before due date from our
    WTC Team

    Submission of required
    Documents

    Our Team will verify and ask
    for additional documents/
    clarifications if required

    Preparation of GST returns
    by our team

    Review of GST return by a
    professional

    Error free Filing of GST
    return with in due date

    Our Team will send you the
    Acknowledgement along
    with our invoice

    Benefits

    Benefits of filing GST returns

    • GST returns reviewed by Highly Qualified & Experienced Professionals: Filing GST returns ensures that businesses comply with the legal requirements of the tax system. It helps maintain transparency and accountability in financial transactions.
    • Input tax credit (ITC): Under the GST system, businesses can claim input tax credit for the GST paid on purchases and expenses. By filing regular GST returns, businesses can reconcile their input tax credit with their output tax liability, reducing their overall tax burden.
    • Simplified tax structure: GST replaces multiple indirect taxes levied by the central and state governments, resulting in a simplified tax structure. Instead of dealing with various tax authorities, businesses only need to file a single GST return, reducing administrative complexities.
    • Seamless interstate trade: GST is a destination-based tax, meaning it is levied in the state where the final consumption occurs. Filing GST returns facilitates the movement of goods and services across state borders without the hassle of multiple state-specific tax filings.
    • Access to Input Service Distributor (ISD): Filing GST returns allows businesses to claim input tax credit through an ISD. This benefits businesses with multiple branches or divisions by enabling the distribution of input tax credit to different units.

    File GST Returns

    Who Should File GST Returns?

    Regular taxpayers

    Any individual or business registered under GST with a turnover exceeding the prescribed threshold limit is required to file GST returns. The turnover threshold varies based on the state and the nature of the business.

    Composition scheme dealers

    Businesses opting for the composition scheme under GST are also required to file GST returns. However, composition scheme dealers have simplified return filing requirements compared to regular taxpayers.

    Non-resident taxpayers

    Non-resident taxpayers who supply taxable goods or services in India are obligated to file GST returns for the transactions conducted during their stay in the country.

    Input Service Distributors (ISDs)

    ISDs, which are entities that receive invoices for input services and distribute input tax credit among their branches or divisions, must file GST returns to report their input tax credit distribution.

    No Sales or No purchase by a registered Dealer

    It is important to note that even if there are no sales or purchases during a particular tax period, businesses are generally required to file nil GST returns to maintain compliance with the tax authorities.

    Documents Required

    Documents Required for GST return Filing

    • Sales Invoices
    • Purchase Bills
    • Details of amended / Cancelled invoices
    • Credit / Debit Notes
    • Accounting Data
    Penaltie

    Penalties for non-filing or late filing of GST returns

    View More

    Late fee

    A late fee is charged for each day of delay in filing GST returns. The late fee amount varies based on the type of return and the taxpayer's turnover. The late fee for GSTR-3B, for example, is Rs. 50 per day (Rs. 25 per day for taxpayers with nil tax liability) for Central GST (CGST) and State GST (SGST), resulting in a total of Rs. 100 per day.

    Interest

    In addition to the late fee, interest is levied on the outstanding tax amount for the period of delay. The interest rate is usually 18% per annum and is calculated on the tax liability to be paid.

    Loss of Input Tax Credit (ITC)

    Non-filing of GST returns can result in the loss of the input tax credit for the corresponding period. This means that businesses may not be able to claim the ITC on their purchases, leading to increased tax liability.

    Legal consequences

    Persistent non-compliance with GST return filing obligations may result in legal consequences, such as notices from tax authorities, scrutiny, audits, and potential legal actions. Continued non-compliance can lead to further penalties, including fines and prosecution.

    FAQ's

    Frequently Asked Questions (FAQs) for GST Filing

    01. What is GST filing?

    GST filing refers to the process of submitting periodic returns to the tax authorities, providing details of the sales, purchases, and tax liabilities of a business.

    02. Who needs to file GST returns?

    Every individual or business entity registered under the GST regime, whose turnover exceeds the prescribed threshold, is required to file GST returns. This includes regular taxpayers, composition scheme dealers, and non-resident taxpayers.

    03. What are the types of GST returns?

    The GST system has multiple types of returns, including GSTR-1, GSTR-3B, GSTR-4, GSTR-9, etc. The specific returns to be filed depend on factors such as the nature of the business and turnover.

    04. How often should GST returns be filed?

    The frequency of GST return filing depends on the type of taxpayer. Regular taxpayers usually need to file monthly returns, while composition scheme dealers file quarterly returns. Annual returns are also required to be filed by certain taxpayers.

    05. What information is required for GST filing?

    The information required for GST filing typically includes details of sales, purchases, output tax liability, input tax credit availed, tax payable, and other relevant financial information. It may also involve reconciling the data with the books of accounts.

    06. Can GST returns be revised?

    Yes, GST returns can be revised. However, revisions are allowed only for certain types of returns and within a specified time limit. It's important to carefully review and validate the return before filing to avoid the need for revisions.

    07. Is it mandatory to file nil GST returns?

    Yes, even if there are no sales or purchases during a particular tax period, businesses are generally required to file nil GST returns. It helps maintain compliance with the tax authorities and avoids penalties.

    08. What are the consequences of non-compliance with GST filing?

    Non-compliance with GST filing can lead to penalties and fines imposed by the tax authorities. It may also result in the loss of input tax credit and other adverse legal consequences. Therefore, it is essential to file GST returns within the prescribed timelines.

    09. Are there any late filing fees for GST returns?

    Yes, late filing of GST returns attracts a late fee, which is typically levied on a per-day basis for each day of delay. The late fee amount may vary based on the type of return and the taxpayer's turnover.

    10. Can I seek professional help for GST filing?

    Yes, many businesses choose to seek assistance from tax professionals, chartered accountants, to ensure accurate and timely GST filing. These professionals like Wish Tree Consultants Pvt Ltd (WTC) can provide guidance, maintain compliance, and help resolve any queries or issues related to GST filing.

    Chennai

    • No.15, Ground Floor, Block No.4, Gate No.1, Jeevan Bhima Nagar, Anna Nagar West, Chennai- 600 101.
    • 044-26545054

    Hyderabad

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    • +91 89192 31276

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