September 3, 2022/
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Special Cases Where ITR Filing is Mandatory : CASE NO. 1: A person deposits a total amount exceeding 1 crore rupees…
GST Audit
GST Audit
Miraculous Taxes provides reliable and effective GST Audit services to clients in the NCR region, covering New Delhi, Noida, Gurgaon (Gurugram), and Greater Noida. Our proficient team, boasting over two decades of industry experience, is thoroughly knowledgeable about the latest developments in the Goods and Services Tax (GST) regime. We offer expert guidance on compliance with GST laws and regulations, ensuring our clients stay informed and compliant.
Our goal is to help businesses ensure that they are properly complying with GST rules and maximizing their GST credits and input tax credits.
Our GST Audit Services cover the following areas:
We offer a comprehensive range of GST Audit Services that are tailored to meet the specific needs of our clients.
GST Compliance Review:
We conduct a thorough review of your GST compliance to identify any discrepancies, mismatches, or errors in your returns, invoices, and books of accounts. This helps to ensure that your business is fully compliant with the GST Act.
GST Reconciliation:
Our team will reconcile the ITC claimed in your GST returns with the ITC reflected in your books of accounts. We will also ensure that the values declared in your annual returns match with your audited financial statements.
GST Advisory:
Our experienced team of Chartered Accountants can provide expert advice on GST-related issues, including eligibility, reversals, and re-claim of ITC, the applicability of RCM, and internal controls for increasing efficiency.
Cost of Non-Compliance Matrix:
We provide a detailed report on the cost of non-compliance with GST regulations, which can help businesses to make informed decisions about their compliance strategy.
GST Audit Report:
Our team will prepare a comprehensive GST Audit Report that covers all aspects of your GST compliance, including a detailed analysis of your ITC, output tax liability, and compliance with GST provisions.
What are the benefits of our GST Audit services?
Our GST Audit services can help you in the following ways:
- Ensuring compliance with GST laws and regulations.
- Verifying the accuracy of the sales, output tax paid, input tax refund claimed, and ITC availed stated in the annual report.
- Identifying and rectifying any discrepancies in the ITC availed and the input tax credit reflected in the books of accounts and returns.
- Reviewing and reconciling the value of supply declared in annual returns with audited financial statements.
- Providing recommendations on better internal controls for increasing efficiency and compliance.
- Providing a cost of non-compliance matrix to help you understand the potential risks and consequences of non-compliance.
- Timely providing of reports or statements mandated under GST law.
Benefits of ISO 9001:2000:
At Miraculous Taxes, we recognize the significance of GST Audit for businesses in India. Here’s why you should choose us:
Experienced Chartered Accountants:
Our team comprises experienced Chartered Accountants who possess in-depth knowledge of the provisions of the GST Act and a profound understanding of the Indian business environment.
Comprehensive Range of Services:
We offer a wide array of GST Audit Services tailored to meet the specific needs of our clients. Our services include GST Compliance Review, GST Reconciliation, GST Advisory, Cost of Non-Compliance Matrix, and GST Audit Report.
Tailored Solutions:
We understand that each business is unique. Therefore, our services are customized to address the individual requirements of our clients, ensuring optimal results.
Compliance Expertise:
With our expertise in GST compliance, we help businesses achieve their compliance objectives while enhancing operational efficiency.
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