GST Services

About GST Services

Goods and Services Tax (GST) has unified India's indirect tax structure, but compliance remains complex — with multiple return forms, deadlines, reconciliations, and changing rules. Non-compliance attracts penalties up to ₹10,000 per return plus 18% interest on late tax payments.

Best Financial Services offers end-to-end GST compliance management through our team of qualified Chartered Accountants. From new GST registration to complex annual reconciliations and notice handling — we manage it all so you can focus on running your business.

Our GST Services

GST Registration — New registration for businesses and professionals crossing the turnover threshold (₹20 lakh for services, ₹40 lakh for goods)
GSTR-1 Filing — Monthly or quarterly outward supply return (for businesses under QRMP scheme)
GSTR-3B Filing — Monthly summary return with tax payment — accurate calculation to avoid excess or short payment
GSTR-2B Reconciliation — Matching your Input Tax Credit (ITC) with supplier filings to maximise legitimate credits
GSTR-9 Annual Return — Year-end consolidated return filing for all regular taxpayers
GSTR-9C Reconciliation — Audited reconciliation statement (mandatory for turnover above ₹5 Crore)
GST Notice Handling — Professional response to departmental notices, scrutiny orders, and demand letters
E-Way Bill Management — Generation and cancellation of e-way bills for consignments above ₹50,000
GST Cancellation & Revocation — Surrender or revive registration as business needs change
GST Refund Applications — Claim export refunds and inverted duty structure refunds

📅 GST Filing Calendar — Key Deadlines

Return	Frequency	Due Date
GSTR-1	Monthly	11th of next month
GSTR-1 (QRMP)	Quarterly	13th of month after quarter
GSTR-3B	Monthly	20th of next month
GSTR-9	Annual	31st December
GSTR-9C	Annual (if applicable)	31st December

Who Needs to Register for GST?

Businesses with annual turnover above ₹40 lakh (goods) or ₹20 lakh (services)
Businesses involved in inter-state supply (mandatory regardless of turnover)
E-commerce sellers and aggregators
Casual taxable persons making occasional supplies
Businesses required to deduct TDS under GST
Exporters and importers of goods and services

Benefits of GST Compliance

Seamless Input Tax Credit on purchases reduces your tax liability
Registered businesses are preferred by large corporates and government bodies
Clean GST record is essential for bank loans and credit facilities
GST registration is required for export benefits and LUT filing
Avoid penalties of ₹10,000 per return plus 18% interest on delayed tax

Documents Required for GST Registration

PAN Card of Business / Owner

Aadhar Card of Proprietor / Directors

Business Address Proof (electricity bill / rent agreement)

Bank Account – Cancelled Cheque

Digital Signature Certificate (for companies)

MOA / AOA / Partnership Deed

Photograph of Owner / Authorised Signatory

Nature of Business Declaration

Frequently Asked Questions

GST registration typically takes 3–7 working days once all documents are submitted correctly. The GSTIN is issued by the government portal after verification. We ensure all documents are complete before submission to avoid rejections or delays.

Missing GST filing deadlines attracts a late fee of ₹50 per day (₹20 per day for nil returns), subject to a maximum of ₹10,000 per return. Additionally, interest at 18% per annum is charged on any unpaid tax from the due date. Late filings also block your customers' Input Tax Credit.

Input Tax Credit (ITC) reconciliation means matching the purchases shown in your books with the supplies reported by your vendors in their GSTR-1. You can only claim ITC on invoices that appear in GSTR-2B. If vendors file incorrectly, your ITC is blocked — we monitor and follow up with non-compliant vendors on your behalf.

While small businesses with simple transactions can manage basic GST filing themselves, most businesses benefit from professional CA assistance. CA-managed compliance ensures correct ITC claims, timely filing, reconciliation, and professional handling of any notices — which saves money and legal risk in the long run.

✅ Why Choose Best Financial Services for GST?

Our CA team has managed GST compliance for 500+ businesses in Amravati, Marathwada, and across Maharashtra. We offer fixed monthly pricing with no surprise bills, and proactive reminders before every deadline. Your compliance is our responsibility.