GST Firm

GST Firm

Tax Firm a Complete Tax/Accounts Consultancy Firm providing Income Tax, TDS, TCS, Sales Tax, Service Tax, PF, ESI, Filing, TDS, Service Tax, VAT, CST, Return, services in Delhi, Noida, Ghaziabad, Gurgaon, Kolkota, Bangalore, Mumbai, Chennai, India More »

GST Firm

GST Firm

Tax Firm a Complete Tax/Accounts Consultancy Firm providing Income Tax, TDS, TCS, Sales Tax, Service Tax, PF, ESI, Filing, TDS, Service Tax, VAT, CST, Return, services in Delhi, Noida, Ghaziabad, Gurgaon, Kolkota, Bangalore, Mumbai, Chennai, India More »

GST Firm

GST Firm

Tax Firm a Complete Tax/Accounts Consultancy Firm providing Income Tax, TDS, TCS, Sales Tax, Service Tax, PF, ESI, Filing, TDS, Service Tax, VAT, CST, Return, services in Delhi, Noida, Ghaziabad, Gurgaon, Kolkota, Bangalore, Mumbai, Chennai, India More »

GST Firm

GST Firm

Tax Firm a Complete Tax/Accounts Consultancy Firm providing Income Tax, TDS, TCS, Sales Tax, Service Tax, PF, ESI, Filing, TDS, Service Tax, VAT, CST, Return, services in Delhi, Noida, Ghaziabad, Gurgaon, Kolkota, Bangalore, Mumbai, Chennai, India More »

GST Firm

GST Firm

Tax Firm a Complete Tax/Accounts Consultancy Firm providing Income Tax, TDS, TCS, Sales Tax, Service Tax, PF, ESI, Filing, TDS, Service Tax, VAT, CST, Return, services in Delhi, Noida, Ghaziabad, Gurgaon, Kolkota, Bangalore, Mumbai, Chennai, India More »

 

Category Archives: tax consultant

GST

GST – Goods and Services Tax

Get your GST Filing, GSTR - 1 , 3B filed with Tax Firm

Get your GST Filing, GSTR – 1 , 3B filed with Tax Firm

GST – Goods and Services Tax Services Provider Delhi NCR India

TAX Firm / GST Firm is an Accounts & Tax Consultancy Firm, expert in providing complete Tally Solution,Accounts & Taxation domain expertise in the area of General accounting, reconciliations,, Inter Company settlement, Bank Reconciliations, Taxation, MIS, Accounts receivables & payable, Cash & Bank accounting, Review of P&L and Balance sheet

Filing GSTR 1 , 3B returns for quarter 1 is now super easy! Opt for Tax Firm Services and get all filing and compliance needs taken care.

GST Accounting Services

GST Return Filing for 3 months (inclusive of Purchase & Sales) for ONE GSTIN
Filing for B2B and B2C invoices
Sales GST Returns (GSTR-1) within due dates
Book-Keeping and Accounting are not part of this package

Who Should Buy

Wholesale Traders
ECommerce Suppliers
Retailers
Manufacturers
Goods Distributors
Freelancers
Service Providers
Business registered under GST (not applicable for business under composition scheme)

How It’s Done

Purchase of Plan
Expert Assigned
Upload Documents
Monthly Delivery of Services

90 days estimate
Information Guide
Documents To Be Submitted

Purchase and sales register
Payment challan for GST

FAQs

What is a GST Return?

A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability. Under GST, a registered dealer has to file GST returns that includes:
Purchases
Sales
Output GST (On sales)
Input tax credit (GST paid on purchases) Under this plan, our experts will file your GST Returns

Who has to file GST Returns?

In the GST regime, any regular business has to file three monthly returns and one annual return. This amounts to 37 returns in a year. The beauty of the system is that one has to manually enter details of one monthly return – GSTR-1. The other two returns – GSTR 2 & 3 will get auto-populated by deriving information from GSTR-1 filed by you and your vendors.

What are the types of GST Returns?

There are three types of GST Returns to be filed every month and an annual return for registered businesses as below:
GSTR-1 includes monthly details of outward supplies of taxable goods and/or services effected. It’s due on 10th of the next month.
GSTR-2 includes monthly details of inward supplies of taxable goods and/or services effected claiming input tax credit. It’s due on 15th of the next month.
GSTR-3 is a monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of tax. It’s due on 20th of the next month.
GSTR-9 is required to be filed annually on 31st December of next financial year.

How do I claim Input tax credit?

Input credit means at the time of paying tax on output, you can reduce the tax you have already paid on inputs. In this package, we will help you claim input tax credit if you have tax invoice from registered dealers. To learn more, read here.

How do I know if my tax invoice is GST compliant?

A tax invoice is generally issued to charge the tax and pass on the input tax credit. A GST compliant tax invoice is a bill which will have 16 mandatory information some of which are:
Name, address and GSTIN of the supplier
Invoice number
Date of issue
Name, address and GSTIN of the recipient (if registered)
HSN code
Description of the goods/services
Quantity of goods
Value after discount
Rate and amount of GST

we expect you to provide a summary of invoices (purchase & sale) covering all this information to help us file your GST returns.

What is GST 3B?

GSTR 3B is a simple return that businesses need to file in the first two months of GST (July and August, 2017). The government has postponed the filing of GSTR 1, 2 & 3 for July and August, 2017 in order to give businesses some time to adjust to GST.

Filing schedule for GSTR Forms:
GSTR-3B for July 2017 needs to be filed on 20th August, and for August 2017 on 20th September
GSTR-1 for July 2017 needs to be filed between 1st-5th September, and for August 2017 between 16th-20th September
GSTR-2 for July 2017 needs to be filed between 6th-10th September, and for August 2017 between 21st– 25th September
GSTR-3 for July 2017 needs to be filed between 11th– 15th September September, and for August 2017 between 26th– 30th September

I am a wholesaler of sports goods. Do I need to file GST Returns?

If you are registered under GST, then you need to file GST returns. By filing GST returns, you will be able to claim Input tax credit.

I am a clothing seller and sell through leading eCommerce portals. Which package do I need to apply for GST returns?

Presently, the government is yet to define GST filing guidelines for e-commerce operators. Till such time, you will be required to file GST returns like others. We will cover the same under this package.

I have 3 GSTIN. How many returns do I need to file?

You need to file GST returns for every GSTIN. So for one GSTIN, you need to file 3 returns every month and one annual return. Under this plan, we will file GST returns for one GSTIN only. You will need to purchase additional packages for multiple GSTIN.

How do I claim refund under GST?

The processing time for a refund application has been kept as sixty days under GST model law but it could be as early as two weeks. Our experts will assist you with claiming the refund.

Is audit applicable under GST?

Audit under GST is the examination of records maintained by the taxable person to verify the correctness of information declared, taxes paid and to assess the compliance with the provisions of GST. Audit can be done by the taxpayer himself or by the tax authorities. Every registered taxable person turnover during a financial year exceeds the prescribed limit [as per the draft rules turnover limit is above Rs 1 crore] must get his accounts audited by a Expertor a CMA.For more details, read here.

Our Expert will guide you on tax audit. Note that our plan does not cover audit services. These are separately charged by the CA.

What penalties are applicable for non-compliance under GST?

To prevent tax evasion and corruption, GST has brought in strict provisions for offenders regarding penalties, prosecution and arrest. These cover Expert’ses of fraud, tax evasion among others. For more details, please read our article.

What are B2B invoices?

B2B invoices are invoices of taxable supplies made to registered taxpayers is considered as B2B

What are B2CLarge invoices?

B2CL are invoices for taxable outward supplies made to unregistered taxpayers where:
Supply is made interstate, and
Total invoice value is more than Rs 2,50,000/-

GST – Goods and Services Tax Services Provider Delhi NCR India

What is GSTR 3B? Who should file it ?

What is GSTR 3B? Who should file it ?

Filing GSTR 3B form is mandatory for all those who have registered for the Goods and Services Tax (GST). The GSTR 3B is a simple tax return form introduced by the Central Board of Excise and Customs (CBEC) for the month of July and August. The forms – GSTR-1, GSTR-2 and GSTR-3 – for the months of July and August are to be filed in the month of September. In the interim, all GST registrants have to file GSTR-3B form.
It is must that you have a separate GSTR 3B file for each Goods and Services Tax Identification Number (GSTIN) you have. You can mention only total values for each field in this form; invoice level information is not required for this form.
An important point to note is that some portions of Part B of GSTR-3 will be automatically populated from GSTR 3B file. So, in case there is any discrepancy between the two forms you can correct GSTR-3 later and deposit the taxes payable.
The due date for GSTR 3B for August 2017 expired on September 20. However, GSTR 3B will not be applicable starting the month of September. For the month of September, you need to file regular returns in GSTR-1, GSTR-2 and GSTR-3 file format.

Who should file GSTR 3B?
GSTR 3B must be filed by everyone who has registered for GST. However, individuals such as – Input Service Distributors, Composition Dealers, Suppliers of online information and database access or retrieval services (who have to pay tax themselves as per Section 14 of the IGST Act, and Non-resident taxable person – do not have to file GSTR 3B.

GST Tax Consultants in Shalimar Garden, Sahibabad, Ghaziabad

GST Tax Consultants in Shalimar Garden, Sahibabad, Ghaziabad

GST Tax Consultants in Shalimar Garden, Sahibabd, Ghaziabad, Account Outsourcing Services

GST Tax Consultants in Shalimar Garden, Sahibabad, Ghaziabad, Tax Consultant in Delhi

Welcome to Tax Firm, A Complete Tax/Accounts Consultancy Firm.

  • Implementing systems & procedures to smooth the all accounting functions for Bank Reconciliation & Book Keeping
  • Fulfilling Statutory Compliances – Income Tax, TDS, TCS, Sales Tax, Service Tax, PF, ESI, etc., & Computing & arranging for timely deposit of taxes, filing of returns for timely completion and ensuring Statutory Compliance& finalizing of Balance Sheet
  • Wages sheet deduction PF, ESI & paid challan & submission of returns
  • Filing of TDS /Service Tax /VAT & CST Return
  • Accounting work
  • Various Bank Reconciliation
  • Collection MIS & Entries & Confirmation of Balances.
  • Tally entries: -Sales, purchase, sales return, purchase return, contra, journal etc
  • Computation of TDS, Service Tax
  • Online Payment of Taxes: TDS, Service Tax by their respective due dates.
  • Month-end, quarter-end and year-end closing
  • Finalization of Balance Sheet as per Schedule III Companies Act 2013
  • Computation of TDS on Salary
  • Consolidation, inter-company transactions and reconciliations
  • Prepare and issuance of Form 16 to employees
  • Salary Reconciliation
  • Invoicing
  • Petty Cash Handling
  • Cash Flow & Budgeting
  • Filing various Tax Returns like Service Tax, TDS etc.
  • Calculation of Depreciation as per Companies Act as well as Income Tax
  • Making Profit & Loss Account on monthly basis as well as Quarterly
  • Other Accounts and Finance works
  • Salary Process on Payroll e.g. Computation of Salary, Employee Master Creation, PF, ESI, Professional Tax, Salary Slips, Salary sheet preparation and payments etc.

For More detail, Please contact us on

Phone : +91 958 290 7788

Email     : accounts@itmonteur.net

Tax Consultant in Delhi

Tax Consultant in Delhi

Account Outsourcing Services

Tax Consultant in Delhi

Welcome to Tax Firm, A Complete Tax/Accounts Consultancy Firm.

  • Implementing systems & procedures to smooth the all accounting functions for Bank Reconciliation & Book Keeping
  • Fulfilling Statutory Compliances – Income Tax, TDS, TCS, Sales Tax, Service Tax, PF, ESI, etc., & Computing & arranging for timely deposit of taxes, filing of returns for timely completion and ensuring Statutory Compliance& finalizing of Balance Sheet
  • Wages sheet deduction PF, ESI & paid challan & submission of returns
  • Filing of TDS /Service Tax /VAT & CST Return
  • Accounting work
  • Various Bank Reconciliation
  • Collection MIS & Entries & Confirmation of Balances.
  • Tally entries: -Sales, purchase, sales return, purchase return, contra, journal etc
  • Computation of TDS, Service Tax
  • Online Payment of Taxes: TDS, Service Tax by their respective due dates.
  • Month-end, quarter-end and year-end closing
  • Finalization of Balance Sheet as per Schedule III Companies Act 2013
  • Computation of TDS on Salary
  • Consolidation, inter-company transactions and reconciliations
  • Prepare and issuance of Form 16 to employees
  • Salary Reconciliation
  • Invoicing
  • Petty Cash Handling
  • Cash Flow & Budgeting
  • Filing various Tax Returns like Service Tax, TDS etc.
  • Calculation of Depreciation as per Companies Act as well as Income Tax
  • Making Profit & Loss Account on monthly basis as well as Quarterly
  • Other Accounts and Finance works
  • Salary Process on Payroll e.g. Computation of Salary, Employee Master Creation, PF, ESI, Professional Tax, Salary Slips, Salary sheet preparation and payments etc.

Income tax consultant in delhi

Income tax consultant in Delhi – India

Account Outsourcing Services

Income tax consultant in Delhi – India

Welcome to Tax Firm, A Complete Tax/Accounts Consultancy Firm.

  • Implementing systems & procedures to smooth the all accounting functions for Bank Reconciliation & Book Keeping
  • Fulfilling Statutory Compliances – Income Tax, TDS, TCS, Sales Tax, Service Tax, PF, ESI, etc., & Computing & arranging for timely deposit of taxes, filing of returns for timely completion and ensuring Statutory Compliance& finalizing of Balance Sheet
  • Wages sheet deduction PF, ESI & paid challan & submission of returns
  • Filing of TDS /Service Tax /VAT & CST Return
  • Accounting work
  • Various Bank Reconciliation
  • Collection MIS & Entries & Confirmation of Balances.
  • Tally entries: -Sales, purchase, sales return, purchase return, contra, journal etc
  • Computation of TDS, Service Tax
  • Online Payment of Taxes: TDS, Service Tax by their respective due dates.
  • Month-end, quarter-end and year-end closing
  • Finalization of Balance Sheet as per Schedule III Companies Act 2013
  • Computation of TDS on Salary
  • Consolidation, inter-company transactions and reconciliations
  • Prepare and issuance of Form 16 to employees
  • Salary Reconciliation
  • Invoicing
  • Petty Cash Handling
  • Cash Flow & Budgeting
  • Filing various Tax Returns like Service Tax, TDS etc.
  • Calculation of Depreciation as per Companies Act as well as Income Tax
  • Making Profit & Loss Account on monthly basis as well as Quarterly
  • Other Accounts and Finance works
  • Salary Process on Payroll e.g. Computation of Salary, Employee Master Creation, PF, ESI, Professional Tax, Salary Slips, Salary sheet preparation and payments etc.
  1. It is now mandatory to disclose the Aadhaar number while filing I-T returns.This is the most important amendment in the rules for filing I-T. Till last year, it was optional to disclose the Aadhaar number while filing the returns. Generally, the last date for filing I-T returns is 31 July. Therefore, it is advisable for tax payers to get their Aadhaar number at the earliest.
  2. Another important amendment that comes into effect from the financial year 2017-18, is theprovision of penalty in case the return is filed late.According to this provision, if the return is not filed till 31 December, the tax payer has to pay the penalty of Rs 5,000. If the tax payer files the return after 31 December, a penalty of Rs 10,000 will be imposed. However, the penalty has been restricted to Rs 1,000 for income of up to Rs 5 lakh.
  3. Only a one-page tax return form will be provided for salaried tax payers with income up to Rs 50 lakh. The source of their income can be their salary and rental income from only one house. If the tax payer has more sources of income, he cannot file his return through a one-page tax return form. Those earning up to Rs 5 lakh and filing return for the first time will be free from scrutiny
Income Tax Basics
Income Tax Rates of Tax
Income Tax Exemptions and Deductions
Income Tax Salary Income
Income Tax House Property Income
Income Tax Profit and Gains of Business or Profession
Income Tax Capital Gains
Income Tax Capital Gains – Certain transactions not regarded as Transfer
Income Tax Capital Gains – Specific Exemptions
Income Tax Income from Other Sources
Income Tax Clubbing of Income – Income of other person to be included
Income Tax Set off and Carry forward of Losses
Income Tax Payment of Taxes and Interest
Income Tax Minimum Alternate Tax (MAT) and Alternate Minimum Tax (AMT)