GST Advisory and Compliance

A GST consultant ensures error-free compliance, prevents heavy penalties, and optimizes Input Tax Credit (ITC). They stay updated on frequent regulatory changes, manage complex filings, and provide litigation support. By outsourcing these tasks to experts like CAC, businesses can focus on core operations while ensuring financial transparency.

A GST Health Check-up identifies compliance gaps, prevents potential tax leakages, and ensures accurate ITC claims. It acts as a proactive internal audit to detect errors before tax authorities do. CAC conducts thorough health check-ups to safeguard businesses from future legal disputes and financial interest charges.

GST shifted India’s tax structure from an origin-based to a destination-based principle. This affects sourcing, pricing, and logistics. GST advisory services help realign business models and supply chains to leverage tax efficiency, improve cash flow, and maintain a competitive advantage in the unified national market.

GST registration involves submitting documents like PAN, address proof, and bank details via the GST portal. Professional advisors simplify this by helping you choose the correct registration category—Regular, Composition, or Voluntary. CAC ensures a swift, hassle-free process, eliminating documentation errors that could lead to rejection.

A GST Audit is mandatory for businesses whose annual turnover exceeds the government-stipulated threshold (previously ₹2 crores). It involves a detailed verification of accounts, returns, and tax payments. Experts at CAC conduct these audits to ensure turnover and ITC claims are transparent and legally sound.

Upon receiving a GST notice, a business should analyze the reason for the discrepancy, gather supporting documentation, and file a professional response. GST litigation support from firms like CAC helps represent the business before tax authorities, ensuring disputes are resolved effectively and penalties are minimized.

The most common returns include GSTR-1 (outward supplies), GSTR-3B (summary return and tax payment), and GSTR-9/9C (annual return and reconciliation statement). Timely and accurate filing of these returns is the backbone of GST compliance. Professional services ensure these are filed without mismatches.

Under RCM, the recipient of goods or services is liable to pay tax instead of the supplier. This typically applies to specific services like legal fees or transport. GST compliance services help businesses correctly identify RCM transactions, pay the tax, and claim the corresponding ITC.

Yes, any business exceeding the aggregate turnover threshold or involved in inter-state supply must register and comply. GST advisors help small businesses manage these monthly obligations affordably and accurately.

Non-compliance can lead to heavy fines, interest at 18% per annum, suspension of GSTIN, and loss of Input Tax Credit. It also damages business credibility with stakeholders and banks.

Absolutely. Consultants assist in integrating E-invoicing into your existing ERP systems, ensuring every transaction is real-time compliant and reducing the risk of data entry errors.

GST Advisory is proactive, focusing on tax planning and strategy. GST Compliance is procedural, focusing on the timely filing of returns and maintenance of records. Firms like CAC offer holistic tax management.