GOODS AND SERVICES TAX

• GST Review / Internal Audit
• Mapping current business model vis-a-vis model under GST regime
• Analysing key tax impacts on transactions undertaken
• Examining eligibility of tax credits under GST regime
• Assistance in aligning tax reports, invoices
• Applicability of Rates
• GST Compliance
• Regular day to day compliance including filing of monthly / quarterly / annual returns
• Obtaining GSTIN, including advisory on registration requirements
• Tax liability calculation
• GST Statutory Audit - Audit under GST is the process of examination of records, returns and other documents maintained by a taxable person. The purpose is to verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit availed, and to assess the compliance with the provisions of GST. Under the GST regime, a major thrust is laid on the 'self-assessment' of tax liability by the assessee. Hence arises the need for a Chartered Accountant to audit business entities from the GST angle. Our team of professionals facilitate the determination of any under or over assessment made by the assessee, through the appropriate interpretation and application of the GST provisions by offering GST audit services. In addition, we also offer services with respect to assistance to clients when Audit is conducted by the Department.