GST Services
Deepak Saxena
Counsel l Arbitrator l Insolvency Professional l Speaker l Managing Partner & Lawyer at Legal Prism
With just days after India rings in a historic unified tax system, confusion reigns in many consumer-facing industries. While most agree that the unified goods and services tax (GST) would bring much-needed efficiency and long-term benefits, the rollout is hurried, they say.
We at Citron help you clear the confusions and keep you updated with Law. We offer the following GST solutions and much more :
a.Overall Impact Study on Client Business & Optimizing Multiple Registrations for the company.
b. End user training for the Client for GST implementation. Training shall be limited to the client’s applicability & industry & in line with the Impact Study Document.
c. Additional Registrations as per Business Requirements within and outside States.
d. Consulting on New Invoice Formats under GST.
e. Classification of products / services in HSN / SAC codes under various GST schedules.
f. Stock & Tax Credit successful carry forward from Vat, Cenvat, Excise, Service tax to SGST, CGST & IGST.
g.Validation of Data for the purpose of proper GST Return filing.
h.Validation of data shall include checking / verification of the following thing.
(i) Verification of HSN & SAC Codes.
(ii) Validation of Data with Trial Balance.
(iii) Verification of RCM Applicability and Payment there on.
(iv) Any other validations as may be required in the Data Dump for proper GST Return filing.
i.Monthly Timely Compilation of ITC (Input Tax Credits)
j.Filing of appropriate GST Returns.
k.Monthly Reconciliation of CGST, IGST & SGST and communication reasons for such differences.
l. Vendor & Customer Co-ordinations to ensure all ITC credits are availed & passed on.
m.Identification of Gaps in existing IT System pertaining to GST & proposing changes thereof.
n.Providing latest relevant GST updates to client business on a daily / weekly basis as per requirements.
Resolving any other query the client has pertaining to GST.
We at Citron offer above all services and more than that so that promoters can focus on business and we can work as your partners in accounts and compliance. GST with us will be a “GOOD & SIMPLE TAX”.