Timely and accurate filing of GST returns is crucial for businesses to fulfill their tax obligations. Our experts assist in preparing and filing GST returns, ensuring compliance with GST regulations and maximizing available benefits.
GSTR-1: This form is used to declare outward supplies made by registered taxpayers. It contains details such as invoices issued, credit and debit notes, and amendments to previously filed returns. Properly filing GSTR-1 ensures accurate reporting of sales and facilitates input tax credit reconciliation for buyers.
GSTR-3B: GSTR-3B is a monthly summary return that provides an overview of the taxpayer's sales, purchases, and input tax credit (ITC) claims for a specific tax period. It summarizes tax liabilities and payments made during the period, helping businesses assess their tax position and comply with GST requirements.
GSTR-9: This is the annual return form under GST, consolidating all outward and inward supplies, input tax credit availed, taxes paid, and other relevant details for the entire financial year. Filing GSTR-9 ensures comprehensive reporting and reconciliation of GST transactions for the year, facilitating compliance with statutory requirements.