GST Advisory Services help businesses navigate the complexities of Goods and Services Tax (GST) compliance, ensuring that they meet regulatory requirements while optimizing tax efficiency. With frequent regulatory updates, maintaining compliance is essential to avoid penalties and ensure smooth operations. GST advisory includes guidance on GST registration, return filing, input tax credit management, and other strategic aspects of GST compliance.

With Vision Tax’s GST Advisory Services, businesses can remain compliant, minimize tax liabilities, and focus on growth while staying updated with the latest GST regulations.

• Regulatory Compliance: Ensures adherence to current GST laws, reducing the risk of non-compliance.
  

• Tax Efficiency: Optimizes GST payment and input tax credits to minimize tax liability.
  

• Strategic Planning: Assists in planning and structuring transactions to benefit from GST provisions.
  

• Access to Expertise: Provides expert insights on complex GST issues.
  

• Reduced Risk of Penalties: Avoids penalties through timely compliance and filing support.

1. GST Registration and Cancellation: Assistance with new registrations, modifications, or cancellations.

2. GST Return Filing and Compliance: Guidance on timely filing of returns and accurate reporting.

3. Input Tax Credit Optimization: Ensures optimal use of input tax credits to reduce tax burden.

4. GST Impact Analysis: Analyzes GST’s impact on business transactions and profitability.

5. Representation for Notices and Audits: Assists in responding to GST notices and audits from tax authorities.

• Registered Businesses and New Enterprises: Businesses already registered under GST or new businesses seeking GST registration.
  

• Taxable Supply Operations: Businesses with taxable sales or services subject to GST.
  

• Entities Needing Compliance Support: Businesses requiring assistance with returns, compliance, or tax planning.

• GST Registration Certificate: Proof of GST registration.
  

• Business Financial Statements: Financial records for analyzing GST impact.
  

• Previous GST Returns (if applicable): Filed GST returns for assessment.
  

• Purchase and Sales Invoices: Records to verify input tax credit and tax liabilities.
  

• Additional Compliance Documents: Notices, audit letters, or other relevant GST documents.

1. Verify GST registration details and compliance history.

2. Analyze input and output tax details for optimal tax credit use.

3. Review prior GST returns and notices for accuracy and compliance.

4. Assess transactions and business structure for GST impact.

5. Prepare a compliance and filing strategy based on latest regulations.

1. Initial Consultation: Discuss business GST requirements and compliance needs.

2. Document Collection and Analysis: Gather financial and tax documents for review.

3. Advisory Report Preparation: Provide recommendations on tax credit optimization, compliance, and filing.

4. Implementation Support: Assist in implementing advisory recommendations.

5. Ongoing Compliance Monitoring: Regular monitoring to keep the business updated with changes in GST regulations.

Our Fees: Rs. 2,000 + GST per month
Government Fees: No additional fees, unless in response to specific notices or audits.

Ongoing monthly advisory services; initial assessment and setup take 3-5 days.