Periodical compliances of indirect taxes which broadly includes the following:
• Compilation of GST data on outward supply, inward supplies, reverse charge etc., to be filed with GST Authorities through monthly GST returns.
• Ensuring timely filing of periodical GST returns viz., GSTR-1, GSTR-3B, Annual returns etc.,
• Preparation of data for availment and utilization of input tax credit.
• Passing accounting entries in books of accounts related to GST compliances.
• Preparation of State wise monthly reconciliation of taxable value and tax liability as per the GST returns with the income and GST liability accounted in books of accounts. Streamlining the processes based on the observation in income and GST reconciliation.
• Preparation of GST annual returns and reconciliation statement. Co-ordination with the GST auditor/consultant and ensure filing of the same before prescribed due date.
• Any other work relating to GST compliances