DisyTax Expert GST Consultant Services

GST, or Goods and Services Tax, is a single, indirect tax levied on the supply of goods and services across India. It replaced multiple previous indirect taxes, simplifying the tax structure. GST is a value-added tax system, meaning tax is levied at each stage of the supply chain, with the provision to claim Input Tax Credit (ITC) for the tax paid at the previous stage.

Businesses whose aggregate turnover in a financial year exceeds the threshold limit (currently ₹40 lakhs for supply of goods and ₹20 lakhs for supply of services in most states, with lower limits in special category states) are required to register for GST. Certain businesses, like those making inter-state taxable supply or e-commerce operators, must register regardless of turnover.

GST registration is completed online through the official GST portal. The process involves submitting basic business details (PAN, mobile, email) in Part A of Form GST REG-01, followed by detailed business information and document uploads (proof of constitution, place of business, bank account, etc.) in Part B. The application is then verified by a tax officer. Professional consultants like DisyTax can guide you through every step to ensure a smooth and successful registration.

Common documents required for GST registration include PAN card of the applicant/entity, Aadhaar card, proof of business registration (e.g., Certificate of Incorporation, Partnership Deed), proof of principal place of business (e.g., rent agreement, electricity bill), bank account details (bank statement or cancelled cheque), and identity and address proofs of partners/directors. Specific requirements can vary based on the business type.

The frequency of filing GST returns depends on your business’s turnover and the chosen scheme. Most regular taxpayers need to file monthly returns (GSTR-1 for outward supplies and GSTR-3B for summary and tax payment). Businesses under the Composition Scheme file a quarterly return (GSTR-4) and an annual return (GSTR-9A). There’s also an annual return (GSTR-9) for regular taxpayers.

The standard due date for filing the monthly GSTR-3B return is the 20th day of the month succeeding the month for which the return is being filed. However, for taxpayers with aggregate annual turnover below a certain threshold, there are often staggered due dates, typically the 22nd or 24th of the succeeding month, depending on the state. Always check the latest official notifications for precise dates.

Missing a GST filing deadline results in late fees (currently ₹50 per day for GSTR-3B with tax liability, and ₹20 per day for others, subject to maximum limits). If there is outstanding tax, interest at 18% per annum is also levied from the day after the due date. Persistent non-filing can lead to cancellation of registration and blocking of e-way bill generation.

The Composition Scheme is an option for small taxpayers. Businesses with an aggregate annual turnover up to ₹1.5 crore (₹75 lakhs in certain special category states) in the preceding financial year are generally eligible. However, businesses engaged in certain activities like inter-state outward supplies, manufacturing specific goods, or those who are Non-Resident Taxable Persons are not eligible.

No, under the current GST law, once a GST return (like GSTR-1 or GSTR-3B) is filed, it cannot be revised. Any errors or omissions discovered after filing must be corrected in the subsequent month’s return. This makes accurate filing critical from the outset.

Finding the Best GST Consultant Near You means finding an expert who understands your specific business needs, stays updated with complex GST laws, and provides reliable, timely service.

At DisyTax, we combine in-depth GST expertise with a client-focused approach. Whether you are located right here in Delhi NCR , Patna Bihar or operate elsewhere in India, our team of Expert GST Consultants is equipped to provide top-tier GST Services, including seamless GST Filing, accurate GST Registration, and proactive GST Compliance.