Goods and Service Tax Services

Expert GST registration, filing, and compliance services for businesses in Bengaluru

Comprehensive GST Services

At Aftab & Associates, we provide comprehensive GST services to help businesses navigate the complex GST landscape in India. Our team of experienced GST consultants ensures that you remain compliant with all GST regulations while optimizing your tax position.

As one of the leading GST consultants in Bengaluru, we understand the nuances of Indian GST laws and stay updated with the latest amendments to provide you with accurate and timely advice.

GST Registration

Complete assistance with GST registration process for businesses of all sizes, ensuring compliance with regulatory requirements.

GST Return Filing

Timely and accurate preparation and filing of all GST returns including GSTR-1, GSTR-3B, and other applicable returns.

GST Compliance

Ensuring compliance with all GST regulations and deadlines to avoid penalties and legal issues.

GST Audit

Comprehensive GST audit services to identify compliance gaps and ensure accurate reporting.

Why Choose Our GST Services?

With Aftab & Associates, you get more than just GST filing services. Our approach is comprehensive and tailored to your specific business needs:

  • Industry Expertise: We have experience working with businesses across various industries and understand sector-specific GST requirements.
  • Timely Compliance: We ensure that all GST filings and compliance requirements are met within deadlines to avoid penalties.
  • Input Tax Credit Optimization: We help you maximize your input tax credits to reduce your overall tax liability.
  • GST Reconciliation: We perform regular reconciliations to identify and resolve discrepancies in your GST records.
  • Advisory Services: We provide ongoing advisory services to help you navigate changes in GST regulations.

Frequently Asked Questions

When is a business required to register for GST?

In India, businesses with an annual turnover exceeding ₹20 lakhs (₹10 lakhs for special category states) are required to register for GST. However, certain businesses may need to register regardless of turnover, such as those making inter-state supplies or selling through e-commerce platforms.

What are the different types of GST returns?

There are several types of GST returns that businesses may need to file depending on their registration type and business activities. The most common ones include GSTR-1 (outward supplies), GSTR-3B (monthly summary return), GSTR-9 (annual return), and GSTR-9C (reconciliation statement). Our GST experts in Bengaluru can help you determine which returns apply to your business.

What are the penalties for non-compliance with GST regulations?

Non-compliance with GST regulations can result in various penalties, including late fees for delayed return filing (₹100 per day up to a maximum of ₹5,000), interest on delayed tax payment (18% per annum), and penalties for other violations that can range from 10% to 100% of the tax amount involved. Working with experienced GST consultants can help you avoid these penalties.

How can businesses optimize their input tax credit under GST?

Businesses can optimize their input tax credit (ITC) by maintaining proper documentation of all purchases, ensuring vendors are GST-compliant and file their returns on time, reconciling purchase records with GSTR-2A/2B, and promptly addressing any discrepancies. Our GST services in Bengaluru include ITC optimization strategies tailored to your business.

What is GST e-invoicing and who needs to comply with it?

GST e-invoicing is the process of generating invoices on the government's Invoice Registration Portal (IRP) and obtaining a unique Invoice Reference Number (IRN). Currently, businesses with an annual turnover exceeding ₹5 crore are required to comply with e-invoicing. Our team can help you implement e-invoicing systems and ensure compliance.

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Our Services

Explore our comprehensive range of professional services:

Income Tax

Expert assistance with income tax filing, planning, and compliance for individuals and businesses.

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Audit & Assurance

Comprehensive audit services ensuring compliance and providing valuable business insights.

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Book Keeping

Accurate and efficient bookkeeping services to maintain your financial records.

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GST Services

Complete GST compliance, registration, filing, and advisory services for businesses.

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Corporate Law

Expert guidance on corporate legal matters, compliance, and regulatory requirements.

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Individual Tax Services

Personalized tax planning and filing services for individuals to optimize tax positions.

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Corporate Tax Services

Specialized tax solutions for corporations to ensure compliance and minimize tax liability.

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Tax Advisory

Strategic tax planning and advisory services to optimize your tax position.

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Internal Audit

Comprehensive internal audit services to improve operational efficiency and risk management.

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Need Expert GST Assistance?

Contact Aftab & Associates today for professional GST services tailored to your business needs. Our team of experienced GST consultants in Bengaluru is ready to help you navigate the complexities of GST regulations.

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