GST retainership on assignment basis, undertaking compliances and management of indirect tax function
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. In GST system 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. |
TYPE OF GST RETURNS
There are three types of GST Returns to be filed every month and an annual return for registered businesses as below: |
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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. |