When tax reform on goods and services was launched and implemented in 2016, India’s economic system underwent a dramatic transformation. The GST rule applies to both large and small businesses in the country. As a result, many companies’ financing and sales structures have been severely disrupted. We, CAC, one of the best GST audit consultants in…
Category: GST
How a GST implementation consultant helps prepare for the GST audit?
For any business, the assistance of a GST implementation consultant is essential for ensuring the efficient application of GST laws and rules. An audit of a registered business’s records, returns, and other documents is known as a GST audit. The Goods and Services Tax (GST) encourages effective tax collection, lowers corruption, and facilitates the movement of goods…
Why business owners should hire GST audit consultants for their firms?
When tax reform on goods and services was launched and implemented in 2016, India’s economic system underwent a dramatic transformation. The GST rule applies to both large and small businesses in the country. As a result, many companies’ financing and sales structures have been severely disrupted. We, CAC, one of the best GST audit consultants in…
Assess The Degree Of Reliability Of Your Returns With GST Audit
GST Audit is used to verify the account information or account of a registered person. This means that we can take the help of GST Audit in Delhi to get our GST returns checked. GST Audits are applicable every year for GST Registered Businesses (those who have a turnover of more than Rs 2 crore…
Types of GST Audits From Which Your Business Might Have To Go Through
According to GST, if any person has registered under the GST process, then that person will have to get his account audited with the help of a Chartered Accountant (CA) or CMA Accountant (Certified Management Accountant). Every registered person must undergo a GST audit based on the provisions of the GST Act. In this article, we will…
The Nuances Of GST And Its Audit
Whether it is necessary to get registered in GST or not, depends on many factors. If any person was required to get registered in GST and did not get registered in GST, then a penalty will be imposed on him. To make your business more reliable and trustworthy in the eyes of the government, having…
Some Rules Related To GST Act
GST in India was implemented from 1st July 2017, after which most of the indirect taxes were removed. After this, any person who supplied goods or services had to get GST registration. Any person can get registered for GST in 3 cases – If the turnover exceeds the prescribed limit (GST registration threshold limit) In…
Initial Steps For Auditing In GST And By Whom It Is Conducted?
GST (Goods and Services Tax) is a trust-based taxation system in which the GST registered dealer is expected to file GST returns on a monthly as well as annual basis as per their business’ sales and purchases. The purpose of the GST Audit in Delhi is to ensure that the registered person has paid the taxes accurately…
Important Rules Related To Registration Based On Turnover In GST
In today’s article, we are going to discuss the rules of registration based on turnover. So, if you want to enhance your knowledge about GST or need to get GST registration, you must not ignore these important details. What should be the minimum turnover for registration in GST? Any person who supplies goods or services, if…
Faqs About GST And To Whom You Should Turn For GST Registration?
Since 1st July 2017, it has been mandatory for businessmen that they should register their businesses through GST registration and file monthly and annual GST returns on time so that the govt. can collect taxes from them and at the same time, these registered persons fulfil their tax obligations easily. However, there are some questions that people…