More than 1.3 Cr Indian firms have been registered under the new Goods and Services Tax (GST) system. The yearly GST return must be filed by the due date for all businesses that are registered for GST. Regardless of company activity, revenues, or profitability during the return filing period, all organizations with GST registration are required to file a GST annual return.
Types of GST Annual Return
1. GSTR-9: Any business that is registered for GST must fill out Form GSTR-9, which is the GST annual return.
2. GSTR-9A: All entities that have signed up for the GST Composition Scheme must fill out Form GSTR-9A, which is a GST annual return.
3. GSTR-9C: Every registered person whose total sales in a financial year are more than two crore rupees must have their accounts audited as described in sub-section (5) of section 35 of the CGST Act. They must also give a copy of their audited annual accounts and a reconciliation statement in Form GSTR-9C, which must be duly certified.
OUR CHARGES FOR GST ANNUAL RETURN FILING
Basic Plan
Filling out Form GSTR-9 is required for all businesses with less than INR 25 Lakhs in sales.
Standard Plan
Form GSTR-9 has to be filled out by all businesses with less than INR 5 Cr in sales.
Premium Plan
Forms GSTR-9 and GSTR-9C must be filled out by all businesses with a turnover of more than INR 5 Cr.
When it comes to GST Return Filing in India, PROUDFILER is your best option. We gather all necessary data and paperwork before beginning any engagement. Until the project is finished, there will be a single point of contact who will act as the engagement manager. Depending on government processing time and client document submission, GST Return Filing typically takes between 8 and 10 business days to complete. After acquiring the mandated documentation, an application for a checking account can be submitted to the bank.
For more information, feel free to contact us at EMAIL: info@proudfiler.com or call us at +91-7275103913.