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decorative element. We Advice! You Achieve!. IndTax Consultants.

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decorative element. 2. We are a small team passionate about providing quality taxation services to all our clients. With the government implementing numerous reforms with an intent to boost the economy and facilitate ease in doing of business with Goods and Services Tax being on such major reform, we are put forward our small part in making that dream a reality. With GST all the stakeholder have together stepped into the new era of taxation – the cycle for learning and getting accustomed will take its time. We are gaining all our knowledge and experience with every new day & with every new challenge & with every new client and its only the beginning. We are committed in offering the best possible indirect tax services ranging from Customs to GST (including Service Tax and VAT) and other small compliances for all our clients with focus being on adding value to your business operations & decision making with our in-depth insights & analysis, proactive updates and up to date knowledge sharing rather than a mere legal compliance service..

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3. Our Team. Mr. Baskar. Founder Ind-Tax ( Ex- TITAN - Indirect Taxation).

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Together we have a strong foundation and understanding of the Indirect Taxation system..

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Our Values. 1. Customer Satisfaction. Offer our customers with the best professional service focused on adding value to their business through our timely service..

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Services Offered. House icon. Statutory Compliance.

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7. Our Performance in 5 Years. Obtained GST exemption Notifications for Fried Grams, AAR for Tamarind , HC Order for eligibility of C form for HSD captive consumption.

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Sri Jayajothi & Company Private Limited. PREMIER PREMIER ENTERPRISES.

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MADITSSIA MADURAI DISTRICT TINY ANO SMALL SCALE INDUSTRIES ASSOCIATION NABET MAOITSSIA.

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Simplifying financial lives - Scope of Managed Services by IndTax Consultants.

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Managed Service – GST- Statewise Compliance. GSTR-1 Preparation and uploading of outward supplies details on GSTN portal Reconciliation with GSTR-2A /2B Preparation and Reconciliation of GSTR 2A with Input Tax Credit Register GSTR-3B Preparation and uploading summary of outward supplies and inward supplies on GSTN portal GSTR-6 Preparation and uploading details of credit availed and distributed under ISD mechanism on GSTN portal ITC-04 Preparation and uploading details of inputs / capital goods sent by Principal Manufacturer to job worker for undertaking Job Work on GSTN portal Analytical Reports Valuable analytical reports based on the outward and inward supplies.

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Managed Service – Additional Services – Need basis.

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1. Outward Supply Return. Area Services to be provided Frequency Assist in uploading outward Supply transaction data on G S T N p o r t a l [GSTR-1 ] Company to provide the data from their ERP with mandatory fields being available Ind Tax to review the data provided by the Company such as: Outward supplies (including Zero Rated Supply and Advances on services); Stock transfers/ inter branch supplies Reconcile with the monthly Trial Balance / GL’s (if provided by the Company) Place of Supply and appropriate tax head charged (considering the Buyer’s GSTIN) Highlight the tax implication on such transactions if missed out to be taxed by the Company We shall review the above data and perform gap analysis, based on validation checks. This will enable the errors and mismatches in the data received from the Company, to be highlighted. Taking action on the said errors and mismatches, in the books of accounts/ IT system of the Company, shall be the sole responsibility of the Company. Assist in uploading the outward transaction data on GSTN portal The responsibility of approving and filing in the GSTN portal shall be the sole responsibility of the Company. Monthly.

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2. Inward Supply Return / Reconciliation of Inward Register vs GSTR-2A /2B.

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3. Summary Return -GSTR-3B. Area Services to be provided Frequency Assist in uploading Summary of Outward and Inward Supply details on G S T N po r t a l a nd c o m p ut e the tax liability [ G S T R - 3 B ] Company to provide the data from their ERP (if anything missed out in Inward Register) Ind Tax to review the data provided by the Company such as: I n w a rd S upp li e s ( i n c l ud i n g I m po r t s / I S D ); Inward Supplies attracting GST under RCM and computing the same for liability; O v e r v ie w o f E li g i b i li t y o f i n w a rd s upp li e s [ o n s a m p l e ba s i s ] ; Reconcile with the ITC balance in Trial Balance / GL’s (if provided by the Company); Perform gross computation as per Rule 36(4) – Restricting credit to the extent of 1 05 % of M a t c he d G S T R - 2 A /2B ; Reversals required under Law (after receiving the necessary details, if applicable / any); Compute and arrive at the tax liability (incl. RCM) to be discharged (after manually setting off available ITC balance plus any balance in ECL’s); Setting off the liability in the return, after the Company had discharged the tax liability. Completeness and accuracy of the data provided and passing the necessary ITC set off / IRC reversal entries and discharging the GST liability after due review, shall be the sole responsibility of the Company. Assist in uploading the above data on GSTN portal The responsibility of approving and filing in the GSTN portal shall be the sole responsibility of the Company. Monthly.

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4. Input Service Distributor Return and its Reconciliation.

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5. Job Work Return. Area Services to be provided Frequency Assist in uploading data related to goods / ca p i t a l g o o d s sent to Job Worker on GSTN portal [ G S T R I T C- 04] Company to provide the data from their ERP with mandatory fields being available Ind Tax to review the data provided by the Company such as: Details of input and / or capital goods sent from Company (i.e. Principal Manufacturer) to Job worker; Details of input and / or capital good received back from job worker to Principal Manufacturer; E li g i b i l i t y o f s u ch i n w a rd s upp li e s ( o n s a m p l e ba s i s ); Taking action on the errors and mismatches highlighted by ClearTax, in the books of accounts/ IT system of the Company, shall be the sole responsibility of the Company. Completeness and accuracy of the data provided and passing the necessary transfer journal entries, shall be the sole responsibility of the Company. Assist in uploading the above data on GSTN portal The responsibility of approving and filing in the GSTN portal shall be the sole responsibility of the Company. Quarterly.

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6 . An a l yt i c a l Rep o r ts. Area Services to be provided Frequency Analytical Reports Ind Tax will share the analytical report at a regular interval with the Company Compliance reports mentioned below gives an overview and insights on overall GST Compliance health of Company’s business and associated GSTIN: GSTR 3B vs GSTR 1 Tax Comparison Report; GSTR 3B vs GSTR 2A /2B ITC Comparison Report; Multi month GSTR 2A /2B Report; Monthly Tax and ITC Summary Report; G ST F ili n g S t a t u s Repo r t ; GSTR 1 Filed Report; M u l t i - m on t h G S T R 3 B F il e d Repo r t ; V endo r Non - Co m p li an ce Repo r t . The reports will be generated on the base data provided by the Company. R e g u l a r Interval.

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Timelines outward suppbz from AR teams of vanous tons • Internal Manual Checks on data Start 1 Ith GSTR- & Filing • of data with CT/other consultanthnternal tax return filvrg team • Preparation & Filing ofGSTR-1 • Data Of inward supplies from P teams of • Internal Manual Checks on data 16th 20th GSTR-3B c on-.put.tion end • Identification Of Eligible and Inebgtble ITC • Shanng of data with consulta nth nternal tax return films team • Preparation & Filing Of 20th Of GSTR•9 & • • n d of for involve • & Of & x 12 Upto Sept of subs. yr. End • RAW CT • CT Will m pile me ly end by .pplyinz • Of S" ring of RAW CT • CT Will do Of in CT • CT will Check: - Of 'STR-3B Claiming of OSTR-3S 30th n •tice • Airline C Preparation and Filing od GSTR-9 L • prep' ration Of OSTR- 9 With click on CT • V. of with • Aforesad dates In case there IS timelines the Government.

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Ann u a l Re t u rn. Area Services to be provided Frequency Assist in uploading details related to Annual Return on G S T N p o r t a l [GSTR-9] Company to provide relevant / necessary extracts of GL’s from ERP; Ind Tax to review the data provided by the Company such as: V e r i f i c a t io n o f G S T R -1 an d G S T R 3 B da t a w i t h t h e boo k s ; Verification of ITC availed in GSTR-3B with ITC available in books; and verification of RCM paid in GSTR-3B with entries in books; Verification of amendments furnished in GSTR-1 & GSTR-3B (including subsequent FY); Preparing Reconciliation statement (if any) of D i ff e r e n c e s a r i s i n g i n O u t w a rd s upp li e s an d IT C ; RCM and Reversals; Identifying tax implication on any transaction (inward or outward) if missed out during monthly compliance, at high level and highlight such un-reconciled ITC and additional tax li ab ili t y ( i f an y) an d ad v i s e t h e C o m pan y o n t h e s a m e Preparation of all other annexures as required in Form GSTR-9; Completeness and accuracy of the data provided and passing the necessary transfer journal entries and taking the ultimate tax positions, shall be the sole responsibility of the Company. Assist in uploading the above data on GSTN portal The responsibility of approving and filing in the GSTN portal shall be the sole responsibility of the Company. Annually.

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A u d i t Rep o rt. Area Services to be provided Frequency Assist in uploading details related to Annual Return and Audit Report on GSTN portal [ G S T R - 9 a nd GSTR-9C] Company to provide the following data from their ERP: Final Trial Balance and Signed Financials or any other relevant details;; Filed GSTR-9 (if not available with Cleartax); ClearTax to review the data provided by the Company such as: Break up of turnover provided in the financials or its annexures; ITC availed and balance provided in the financials or its annexures; Making necessary changes related to ITC pertaining to previous Financial year and ITC pertaining to current FY availed in next FY; V e r i f y i n g t h e a m oun t s w i t h f il e d G ST R - 9 Preparing Reconciliation statement for any such diffference (if any); Identifying tax implication on any transaction (inward or outward) if missed out during monthly compliance, at high level and highlight such un-reconciled ITC and additional tax li ab ili t y ( i f an y) an d ad v i s e t h e Co m pan y o n t h e s a m e ; Preparation of all other annexures as required in Form GSTR-9C. Assist in uploading the above data on GSTN portal The responsibility of approving and filing in the GSTN portal shall be the sole responsibility of the Company. The Company shall arrange for the Chartered Accountant for signing the audit report. Annually.

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G S T Re f und. Area Services to be provided Frequency Indirect Tax Advisory Services As and when requested by the Company, to provide GST refund services (Zero-rated / Supply to SEZ with payment / Inverted Duty Structure / Wrong tax payment / Wrong ITC Adjustment / any other reason) we shall be providing: Advise the Company in collation of necessary documents/information’s required for preparation of pe r i od i c r e f un d c l a i m app li c a t i o n ; Preparation of the refund application for management’s review, approval and filing. Advise in relation to compiling underlying documents required to be submitted along with the refund application on periodical intervals based on the information provided to us. Addressing the queries raised by the Department by way of issue of deficiency memo or other related queries relating to Refund application filed. N ee d B a sis.

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GST Advisory Services. Area Services to be provided Frequency GST Advisory Services Advisory : Indirect Tax applicability on various revenue streams of the Company and providing comments thereon; GST applicability in respect of payments made by the Company on which GST is payable under reverse charge; Structures being explored/ proposed by the Company with respect to its routine transactions. The final decision will be of the management to choose the appropriate structure; Structuring of routine contracts and provide indirect tax implications; Advice on availability of exemptions, credit, rebate, etc. available under Indirect tax legislations f o r c o m pu t a t i o n o f t a x Input Tax Credit advisory services for Company identified transactions: Review the linkage/ Co-relation of input goods and services with output goods and services and to comment on the eligibility of input tax for the credit e.g. advising on the input tax that are specific to a particular revenue stream and also the input tax that are ‘common input tax’ for various activities; Advise on eligibility of the Company to claim input tax credit in terms of the GST law, and providing comments thereon. Advice on indirect tax compliances related to the routine transactions/ contracts during the period of engagement. N ee d B a sis.

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Other Relevant Offerings. Area Services to be provided Frequency Other O ff e r i n g s C u s t o m i z e d C F O Das hbo ar d : Provides comparative analysis of the different nature of outward supply made by the Company viz. Gross outward supplies graph along with tax liability details, Rate wise distribution of Taxable supplies, State wise output tax distribution , Major tax paying products, etc. Provides comparative analysis of the different nature of inward supply procured by the Company viz. Gross inward supplies donut along with inward supply details table, ITC Eligible/Ineligible, State wise input credit distribution, inward supply by Section (Regular, Import, RCM other than import etc.), Top procurements, Top Suppliers etc. A ss i s t a n c e i n f lin g G S T R -7 & G S T R -8 The Company will provide the relevant details for the purpose of filing the GSTR 7 & GSTR 8; Cleartax will review the data provided by the Company and ensuring the details provided are as per the requirement of aforesaid returns; Assist in uploading the above data on GSTN portal *Taking action on the said errors and mismatches, in the books of accounts/ IT system of the Company, shall be the sole responsibility of the Company. Completeness and accuracy of the data provided and passing the necessary transfer journal entries, shall be the sole responsibility of the Company N ee d B a sis.

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Vendor Communication. A r e a. Services to be provided.

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One Stop Destination for GST Solutions. Return Reports Description GSTR-3B INSTANT- GSTR-3B Consolidated Summary Report GSTR-1 INSTANT- GSTR-1 Consolidated Detailed Report (Party & Rate Wise Summary ) GSTR-2A INSTANT- GSTR-2A Consolidated Report (Party & Rate Wise Summary) GSTR-2B INSTANT- GSTR-2B Consolidated Report (Party & Rate Wise Summary) Import INSTANT- Import of goods/ Credit/Debit Note/ Amendments/ Details of ISD, TDS, TCS GSTR-3B vs GSTR-1 INSTANT-GSTR-3B vs GSTR-1 Outward Supply Reconciliation Report GSTR-3B vs GSTR-2A INSTANT-GSTR-3B vs GSTR-2A ITC Reconciliation Report GSTR-3B vs GSTR-2B INSTANT-GSTR-3B vs GSTR-2B ITC Reconciliation Report Status/ Filing Date INSTANT- GSTR-1, GSTR-3B Supplier Filing Status, Filing Date, RC Cancellation Date Ledger Reports INSTANT- Download Cash Ledger/ Electronic Credit Ledger (ITC) Report Returns INSTANT- Download All GST Returns, Payment Challan Filed PDF.

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27. Baskar J Ind-Tax Consultants. Mob: 9994344008, 8940409884 Email: indtaxseva@gmail.com Web: https://ind-tax.com/.