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GST Registration & Compliance, Without the Monthly Headache

Registration, return filing, reconciliation and input credit optimization — for Indian businesses and foreign-owned subsidiaries alike.

GST at a Glance
Registration threshold₹20-40 Lakh
Standard rates5% / 12% / 18% / 28%
Filing frequencyMonthly / Quarterly
Quick Answer

A GST consultant handles Goods and Services Tax registration, monthly or quarterly return filing (GSTR-1, GSTR-3B), input tax credit reconciliation and annual compliance for businesses operating in India — ensuring accurate filings and avoiding late fees or credit mismatches.

Why GST Compliance Trips Up Growing Businesses

GST compliance isn't a one-time task — it's a recurring monthly or quarterly obligation with strict deadlines, detailed invoice-matching requirements, and constant regulatory updates. For foreign-owned subsidiaries especially, GST intersects with transfer pricing, import/export documentation, and RBI reporting — making specialist handling valuable from day one.

India Easy manages the entire GST lifecycle — registration, monthly filings, reconciliation against vendor invoices, and annual returns — so your business stays compliant while you focus on operations.

Key Takeaways

  • GST registration is mandatory above ₹40L (goods) or ₹20L (services) turnover.
  • Most businesses file GSTR-1 and GSTR-3B monthly, plus GSTR-9 annually.
  • Late filing attracts daily late fees plus 18% annual interest.
  • Input tax credit reduces net GST liability but requires accurate reconciliation.
  • The composition scheme offers simplified compliance for small businesses.

How We Handle Your GST Compliance

01

Registration

GSTIN obtained and mapped to your business structure.

02

Invoice Reconciliation

Purchase and sales invoices matched against GSTR-2B monthly.

03

Return Filing

GSTR-1 and GSTR-3B filed accurately, on time, every cycle.

04

Annual Compliance

GSTR-9 and reconciliation statements prepared at year-end.

Recovering ₹8.5 Lakh in Unclaimed Input Tax Credit

A foreign-owned e-commerce subsidiary had been under-claiming input tax credit for over a year due to poor invoice reconciliation. We audited 14 months of filings, identified ₹8.5 lakh in unclaimed credit, and implemented a monthly reconciliation process to prevent recurrence.

Frequently Asked Questions

Who needs to register for GST in India?
Businesses with annual turnover above ₹40 lakh (goods) or ₹20 lakh (services) must register for GST, along with anyone doing inter-state supply or e-commerce selling.
What GST returns does a business need to file?
Most businesses file GSTR-1 (outward supplies) and GSTR-3B (summary return) monthly or quarterly, plus GSTR-9 annually.
What is the GST rate structure in India?
GST rates in India are typically 0%, 5%, 12%, 18% and 28%, depending on the product or service category.
Can a foreign subsidiary claim GST input tax credit?
Yes, GST-registered foreign subsidiaries can claim input tax credit on eligible business purchases, provided proper invoicing and reconciliation is maintained.
What happens if GST returns are filed late?
Late GST filing attracts a late fee per day of delay plus interest at 18% per annum on unpaid tax.
What is the GST composition scheme?
The composition scheme lets small businesses (turnover under ₹1.5 crore) pay GST at a lower fixed rate with simplified quarterly filing, giving up input tax credit claims.

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