I. GST Registration & Amendment:

• GST Applicability Assessment:
  • Determine if the business is liable for GST registration based on its turnover, nature of business activities, and location.
  • Advise on the different types of GST registration (regular, composition, casual taxable person, etc.) and which is most appropriate.
• Registration Application Assistance:
  • Guide clients through the online GST registration process on the GST portal (www.gst.gov.in).
  • Help gather and verify the required documents (PAN, Aadhaar, proof of business address, bank details, etc.).
  • Ensure the accuracy and completeness of the application to avoid delays or rejections.
• Amendment & Update Services:
  • Assist businesses in making changes or updates to their GST registration details (e.g., address changes, adding or removing business activities, updating bank information).
• GSTIN Verification:
  • Verify the validity of GSTINs (Goods and Services Tax Identification Numbers) of suppliers or customers.

II. GST Return Filing & Compliance:

• Return Filing Frequency Determination:
  • Advise clients on their GST return filing frequency (monthly, quarterly) based on their turnover and business type.
• Data Reconciliation & Preparation:
  • Assist businesses in reconciling their sales and purchase data with their accounting records to ensure accuracy in GST returns.
  • Prepare GSTR-1 (outward supplies), GSTR-3B (summary return), and other relevant GST return forms.
• Electronic Filing:
  • File GST returns electronically on behalf of the client through the GST portal.
  • Ensure timely filing to avoid late fees and penalties.
• Input Tax Credit (ITC) Reconciliation:
  • Help businesses reconcile their input tax credit claims with supplier invoices and ensure proper utilization of ITC.

III. GST Advisory & Consulting:

• GST Impact Assessment:
  • Analyze the impact of GST on the client’s business operations, pricing, and supply chain.
  • Provide recommendations for optimizing GST compliance and minimizing tax liability.
• HSN/SAC Code Classification:
  • Help businesses correctly classify their goods and services under the Harmonized System of Nomenclature (HSN) or Services Accounting Code (SAC).
• GST Health Checks:
  • Conduct periodic reviews of the client’s GST compliance practices to identify potential issues or areas for improvement.
• Transition Support for New GST Regulations:
  • Keep clients informed about changes in GST laws and regulations.
  • Help them adapt their accounting and reporting systems to comply with new requirements.

IV. Other Value-Added Services:

• Accounting Software Integration:
  • Advise businesses on choosing and implementing accounting software that integrates seamlessly with the GST portal.
• GST Training & Workshops:
  • Provide customized training programs for staff on GST fundamentals, return filing procedures, and best practices.

FAQs: Simplifying GST Compliance – The CauseConnect Team

1. What is GST, and why do I need to register for it?

GST (Goods and Services Tax) is a comprehensive indirect tax levied on the supply of goods and services in India. It replaced multiple indirect taxes, creating a unified tax system.

GST registration is mandatory if:

• Your business turnover exceeds the threshold limit (currently INR 20 lakhs for most businesses and INR 10 lakhs for special category states).
• You are engaged in interstate supply of goods or services.
• You are an e-commerce operator.
• You are required to deduct TDS (Tax Deducted at Source) under GST.

2. What are the different types of GST registration?

• Regular GST Registration: For most businesses liable to pay GST.
• Composition Scheme: A simplified scheme for small businesses with lower compliance requirements but restrictions on interstate supply.
• Casual Taxable Person: For businesses making temporary supplies in a state where they are not registered.
• Non-Resident Taxable Person: For businesses located outside India but making taxable supplies in India.

We help you determine the right registration type for your business.

3. What are the benefits of GST registration?

• Legal Compliance: Operating without GST registration when required is an offense.
• Input Tax Credit: Registered businesses can claim credit for the GST paid on their purchases, reducing their overall tax liability.
• Seamless Interstate Trade: GST simplifies interstate transactions by eliminating multiple state-level taxes.
• Improved Business Credibility: GST registration enhances your credibility with customers and suppliers.

4. What documents are required for GST registration?

The documents vary based on your business type, but generally include:

• PAN Card: Your Permanent Account Number (PAN) is mandatory.
• Aadhaar Card: For individuals or proprietorships.
• Proof of Business Address: Rental agreement, electricity bill, or other valid proof.
• Bank Account Details: Cancelled cheque or bank statement.
• Photographs: Of the business owner or authorized signatory.
• Constitution of Business: Partnership deed, Certificate of Incorporation, or other relevant documents.
• Additional Documents: May be required based on your business activities, such as a factory license or shop & establishment registration.

5. How can The CauseConnect Team assist with GST registration?

We make the process easy and hassle-free:

• Eligibility Assessment: We’ll determine if you need to register and advise on the correct category.
• Application Assistance: We’ll guide you through the online application process, ensure accuracy, and compile all required documents.
• Follow-up & GSTIN Acquisition: We’ll track your application status and communicate with GST authorities until you receive your GSTIN.

6. What are GST returns, and how often do I need to file them?

GST returns are periodic statements filed by registered businesses to report their sales, purchases, and GST liability. The frequency depends on your turnover:

• Monthly: For businesses with turnover above a specified limit (varies by state).
• Quarterly: For businesses with turnover below the specified limit (composition scheme taxpayers also file quarterly).

7. What are the key types of GST returns?

• GSTR-1: Details of outward supplies (sales).
• GSTR-3B: Summary return with details of tax liability.
• GSTR-4: For taxpayers under the composition scheme.
• Other Returns: Specific returns for TDS, annual returns, etc.

8. How can The CauseConnect Team help me with GST return filing?

We ensure accurate and timely filings:

• Data Reconciliation: We help reconcile your sales and purchase data with accounting records.
• Return Preparation: We accurately prepare all required GST returns.
• Electronic Filing: We file your returns securely through the GST portal.
• ITC Reconciliation: We ensure proper claiming and utilization of input tax credit.

9. What are the consequences of late filing or incorrect GST returns?

• Late Fees: Penalties are levied for delayed filing, increasing with each day of delay.
• Interest Charges: Interest may be charged on unpaid tax liabilities.
• Notices & Scrutiny: You may receive notices from the GST department, leading to audits and investigations.
• Business Disruption: Non-compliance can disrupt your business operations.

10. What are the benefits of using The CauseConnect Team for GST compliance?

• Expertise: Our team has deep knowledge of GST laws and online filing procedures.
• Accuracy & Efficiency: We ensure error-free filings and meet deadlines, minimizing your risk.
• Time Savings: We handle the complexities, freeing up your time to focus on your business.
• Peace of Mind: We provide ongoing support and guidance to keep you compliant.

11. How do I get started with The CauseConnect Team?

Contact us today!

Sincerely,

The CauseConnect Team
+91 8076222021

 WhatsApp: https://wa.me/918076222021
causeconnect@trustngoprojects.org
https://trustngoprojects.org/ngo-support/