Now file GST returns online in India on time through our experts.
Our experts having thorough knowledge of GST law can offer their service to comply with GST return filing in India at my financial advisory.
A GST return is a document containing the details of all income/sales and/or expenditure/purchases that a GST-registered taxpayer (each GSTIN) needs to file with the tax administrative authorities. It is used by the tax authorities to calculate the net tax liability.
Our GST return filing service helps taxpayers like you to complete it with ease. Our professionals will take care of filings, so you don't have to worry about staying up-to-date with laws or overlooking due dates.
My Financial Advisory is one of the leading GST return filing service providers in India. If you are registered under GST, then you have to file a GST return as per the prescribed time limit provided by the government. GST compliant sales and purchase invoices are required for filing GST returns. GST return filing includes information about purchases, sales, output GST (on sales) and input tax credit (GST paid on purchases).
Earlier there were many instances where tax on tax was paid for the same transaction. Since GST superseded several other taxes like central excise duty, service tax, customs duty, and state-level value added tax, you are no longer subject to paying tax on the tax. This saves you money.
The GST limit is for the total turnover for the sale of goods exceeds 40 lakhs and the total turnover for the sale of services is more than 20 lakhs. This means that small businesses falling below this limit are not subject to GST.
The GST system has made it more straightforward for new businesses and online business organizations to deal with their duties. Web based businesses confronted different expense laws particularly in various states, which have now been canceled by GST.
Before GST, the tax filing system was chaotic. Now, all taxes are paid online and the major hurdles that used to be a part of tax filing in the process of introducing GST have been eliminated.
My Financial Advisory also has software for you to file returns. This software is easy to understand and operate. The packages you can consider while filing your return using our software are: