An individual certified by the state or central government for providing services related to Goods and Service Tax to the eligible taxpayer is referred to as GST Consultant. The person becomes a GST Consultant after registering himself on the GSTN portal.
Services
Provided by GST Consultants
- Registration of GST
As per
the new laws made by the Central government, GST registration can be done only
through its online Portal. A qualified consultant makes the smooth completion
of the process in little time. So GST Consultant saves the time and hassles the
client’s full task.
Amendments
in Details of Taxpayer
Sometimes
a GST Taxpayer requires changes in the details filed with the tax authorities
like changes in address, name of the company, etc. In that case, a GST
Consultant uses his expertise to make those alterations.
- Audits for GST
A
business enterprise needs to make financial statements, maintain various
records and books of accounts. It consumes a lot of time and energy.
But if you
go to a GST Consultant, he/she will be responsible for conducting
investigations of internal control, tests to see the match between the evidence
and the amounts. And finally, the consultant will prepare a GST audit report.
- Evaluation of GST
The
taxpayer has to self-evaluate the exact amount of tax needed to be paid for a
specific tax period and submit a return to the tax authorities. But the whole
process can shift the business owner’s focus from earning maximum profits. So
it is better to outsource such a job to GST
Consultants.
- Filing of GST Return
The
taxable individual or business needs to file a GST return to the tax
authorities in compliance with the GST statutory regulations. A qualified GST
Consultant performs the duty of providing details about sales, purchase, tax
paid, and collected through the process of filing GST returns. It helps to
reduce tax evasion.
- Compliance with Rules and Regulations of GST
Under GST
Compliance, various ratings are given to different businesses by the
government. It is based on their ability to make timely payment of GST, furnish
GST return, provide a report of input credits, and so on. GST Consultants
enables you to reach the top rating by fulfilling the mentioned duties.
Not only
that, GST Consultants will provide you with instant information about
amendments in GST Compliances made by the government.
Here, the expertise and experience of MyTaxAdvisor prove to be a useful source to outsource numerous tasks related to Goods and Service Tax. We understand your business and provide you with the best possible advice for taxation.
Get your GST Return filing done every month and every year.
ReplyDeleteAll the Registered Dealers are required to file GST returns irrespective of the type of business or turnover or profitability during the return filing period. Under GST Regime, even a dormant business that has obtained GST registration must file a GST return.