GST Compliances | I | II | III |
---|---|---|---|
Composition Scheme - 4 Quarterly returns of Supply and Inward Supplies plus annual return | 6,000 | 7,000 | 9,000 onwards |
Normal Scheme - 36 Monthly returns and 1 Annual return | 9,000 | 12,000 | 18,000 onwards |
- Catagories are based on the number of transaction and level of service required.
Particulars | No.Of Trasactions |
---|---|
Category I-Incorporated | up to 10 |
Category II-Incorporated | Getting Started up to 50 |
Category III-Incorporated | Blooming 50 and above |
- Taxes to be separately recovered as applicable (currently GST @18% )
- Fees payable in advance
- Transaction include transactions under reverse charge mechanism on which tax is payable
- Includes free timely updates and on call support for GST as per plan chosen