+91 416 2241199
#23,8th East Main Road,Gandhinagar, Katpadi, Vellore

Goods and Service Tax (GST) Advisory

Goods & Service Tax (GST) is the largest indirect tax reform in India since independence. GST is a pan-India single unified tax on both Goods and Services, levied only on ‘value added’ to goods and services at each stage in the economic supply chain.

Timeline - 10 to 15 Working days

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GST Filing

Goods and Service Tax is an indirect tax levied on the supply of goods and services.

The basic meaning of “GST Return Filing” is “maintaining financial accounts” per year. Bookkeeping and GST Return Filing can be divided into several fields including financial GST Return Filing, managing general GST Return Filing,professional GST Return Filing, chartered accountant, auditing, tax GST Return Filing and cost GST Return Filing.

GST or Goods and Services Tax replaced the numerous different taxes which were levied by Central and State governments on different products or services. While it was enforced in 2017, the GST Act was passed in the year 2019. This taxation system looks to streamline the numerous taxes levied on products, making it simple for the taxpayers, their collectors, etc. Additionally, it also makes tax filing easy since taxpayers have to file for just one tax.

GST Filing

Types of GST Return Filing

There are in all 11 types of GST Return filing explained below

01.

GSTR-1

Every details of outward supplies of goods and services should be filed in GSTR 1 form. It is affected by Monthly11th. Earlier the due date was 10th.

02.

GSTR-2

Details regarding inward supplies of goods and services should be mentioned in GSTR 2. Monthly15th is the filing date for GSTR 2.

03.

GSTR-3

Returns on the basis of details of outward supplies and inward supplies we have to file GSTR 3. Monthly 20th is the filing date for GSTR 3

04.

GSTR-3B

Return in which summary of outward supplies along with Input Tax Credit is declared and payment of tax is affected by the taxpayer.

05.

GSTR-4

A return filed for a taxpayer who has registered himself under Composition scheme has to file GTSR 4. Quarterly18th is the filing date for GSTR 4

06.

GSTR-5

GST Return for a Non-Resident foreign taxable person is filed in GSTR 5. Monthly20th is the filing date for GSTR 5

07.

GSTR-6

GST Return for an Input Service Distributor is done in GSTR 6

08.

GSTR-7

Return for authorities deducting tax at source should be filed in GSTR 7. Monthly10th is the filing date for GSTR 7.

09.

GSTR-8

Details related to supplies through e-commerce operator and the amount of tax collected by them has to be filed under GSTR 8. Monthly10th is the filing date for GSTR 8.

10.

GSTR-9

Annual Return for a Normal Taxpayer should be filed in GSTR 9.Annually31st December is the filing date for GSTR 9.

11.

GSTR-10

In case GST Registration is canceled or surrendered then GSTR 10 should be filed within three months.

12.

GSTR-11

Details regarding inward supplies to be furnished by a person having UIN and claiming a refund should be filed in GSTR 11.

GST Filing

Procedure

01.

Visit the GST Portal Online

02.

A 15-digit GST ID number will be issued dependent on your state code and PAN number.

03.

Transfer solicitations on the GST entrance or the product. A receipt reference number will be issued against each receipt.

04.

Subsequent to transferring solicitations, outward return, internal return, and total month to month return must be recorded on the web. On the off chance that there are any blunders, you have the alternative to address it and refile the profits.

05.

Record the outward supply returns in GSTR-1 structure through the data segment at the GST Common Portal (GSTN) at the latest tenth of the next month.

06.

Subtleties of outward supplies outfitted by the provider will be made accessible in GSTR-2A to the beneficiary.

GST Filing

Benefits

Timely Submission


We will submit your GST returns within a period of 3 days from the date of submission of all details.

Year Around Expert Consultation

Get consultation for GST on call. There is no limit on the number of questions or time limit.

Save Money (100% ITC Guaranteed)

We offer trusted and professional at affordable prices when compared to market standards.

In-House Team of Professionals

We have our professional in-house team. We do not sub-let your work to others

Founder's Agreement

We Serve Everywhere

Thewealthbridge.in is web portal of the Virutchamwealth Bridge Private Limited is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals company headquartered in Vellore,Tamilnadu, India. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe

Income Tax

We will provide income tax return preparation, Revised return, Responding to Department notices and solving other Income Tax related issues.

Business Licenses

Our Professionals Will help you in getting your business licenses and Business licenses necessary for smooth running of businesses

Financial Services

we will Provide Funds for both personal and Business. Our funding system gives a credit line facility, enabling you to expand your business to new heights

GST Returns

We will make your business to GST Compliance. Returns are required to be filed digitally online through a common portal to be provided by GSTN

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What are the documents required for Trademark Objection ?

Authorization letter

Affidavit of usage

Examination report

Trademark hearing notice

Documentary proof of Trademark in commercial use.

Process

Step 1: Login to Wealth Bridge Website & Upload the required Documents Online

Step 2: Place Order and Pay Online & A Wealth Bridge Expert will prepare and intimate the tax liability.

Step 3: Our professional will file GST return Online with the GST Department.

Step 4: Share the acknowledgement receipt obtained from the portal

GST Filing

FAQ

A GST return is a statement of financial activity by a taxable person for a prescribed period. This allows a taxable person to self-assess the tax they owe for specific period.
GSTR-1: monthly return for outward supplies GSTR-2: monthly return for inward supplies GSTR-3: monthly return containing details from other monthly returns filed by the taxpayer (GSTR-1, GSTR-2, GSTR-6, GSTR-7) GSTR-4: quarterly return GSTR-5: variable return to be filed by Non-Resident Taxpayers GSTR-6: monthly return to be filed by input service distributors GSTR-7: monthly return to be filed for Tax Deducted at Source (TDS) transactions GSTR-8: monthly return to be filed by e-commerce operators GSTR-9: annual return GSTR-10: final return to be filed when terminating business activities permanently GSTR-11: to be filed by taxpayers with a Unique Identity Number (UIN).
Yes, all e-commerce operators who allow other suppliers to sell goods or services through their portals are required to file the GSTR-8 return. Those who use their own portal to sell their goods or services need not file this return.
Every registered taxable person who crosses the threshold limit for payment of taxes.
No, scanned copy of invoices is to be uploaded. Only certain prescribed fields of information from invoices need to be uploaded.
Yes it is possible to check the registration status on the website.
No, A registered taxpayer person can also get his return filed through a Tax Return Preparer, duly approved by the Central or the State tax administration.

About Wealth Bridge

We Help You To Form Your Company In A Simple Way Wealth Bridge Will Making More Possibilities which aims at providing much-needed funds to businesses across the trading and service industry

Head Office

2nd Floor, #23, 8th East Main Road
Gandhinagar, Katpadi, Vellore

(+91) 416 2241199
(+91) 86677 53901

Branches

ARAKKONAM OFFICE

# 10/1, Thiruthani High Road ,

Upstairs to Central Bank ,Jothi Nagar,

Arakkonam , TamilNadu - 631003

Phone:+91 6381184522 , +91 8012747723.

RANIPET OFFICE

No 126, MBT Road, Mahaveer Complex,

First Floor, Muthukadai,

(NearDarling bakery) Ranipet - 632401

Phone : +91 417 2295006 +91 86675 42148