GST & Indirect Taxation
GST return filing, audit, and tax structure optimization.
The Goods and Services Tax (GST) is a dynamic transaction-based tax requiring continuous compliance. Finavrit handles everything from initial GST registration to complex input tax credit (ITC) reconciliations, monthly/quarterly GSTR-1 and GSTR-3B filings, and yearly GSTR-9/9C returns.
We advise on supply chain tax optimization, place of supply issues, and e-commerce taxation. Reconciliation is the core of GST compliance; we run checks against your GSTR-2B statement to verify that no input credit is lost or wrongly claimed.
In the event of audits, scrutiny assessments, or department notices, we provide comprehensive representation and draft precise, legally sound replies.
How We Work
Data Ingestion & Reconciliation
We ingest your sales and purchase registers and run a detailed reconciliation against GSTR-2B.
Return Draft & Tax Computation
Draft GSTR-1 and GSTR-3B calculations are computed, flagging any mismatches for resolution.
Filing & Ledger Entry
Returns are submitted, tax offsets are executed via cash/credit ledgers, and filing receipts are delivered.
Frequently asked questions
Who needs GST registration?
Businesses supplying goods or services above the ₹20 lakh (services) or ₹40 lakh (goods) aggregate turnover threshold, inter-state suppliers, e-commerce sellers, and anyone liable under reverse charge — regardless of turnover.
What does ongoing GST compliance include?
Monthly or quarterly GSTR-1 (outward supplies) and GSTR-3B (summary payment) filing, annual GSTR-9, input tax credit reconciliation against GSTR-2B, e-invoicing where applicable, and timely tax payment through the cash and credit ledgers.
What should a business do after receiving a GST notice?
Do not ignore the deadline. Gather the relevant returns, ledgers and reconciliations, prepare a legally sound reply with supporting documents, and respond within the notice period — professional representation significantly reduces exposure.
Enquire about GST & Indirect Taxation
Tell us about your requirement — your enquiry reaches the GST & Indirect Taxation team directly, with the service attached.
Discuss your requirements for GST & Indirect Taxation
Book a free consultation call to outline your business situation and secure a clear scope and quote.