Overview
What is GST Compliance & Return Filing?
GST compliance requires regular filing of returns — GSTR-1 (outward supply details), GSTR-3B (summary return with tax payment), and GSTR-9 (annual return). Missing deadlines attracts penalties of ₹50/day/return (₹100 for non-filers with no business) plus interest at 18% p.a. on unpaid tax.
GST compliance is more than just filing returns — it involves proper invoice matching, reconciliation of GSTR-2B with purchase records, ITC (Input Tax Credit) management, GST on reverse charge transactions, and maintaining proper books for annual GST audit (GSTR-9C).
PrimeWealth Advisory provides monthly GST compliance management — we collect your sales and purchase data, prepare returns, reconcile ITC, and file on time so you can focus on your business.
GSTR-1 FilingGSTR-3B FilingITC ReconciliationAnnual ReturnGST Audit
Benefits
Key Benefits
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Penalty-Free Filing — Never pay ₹50/day penalty again — our managed service ensures on-time filing every month
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Maximum ITC Benefits — Proper reconciliation of GSTR-2B ensures you claim every rupee of Input Tax Credit eligible
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Notice Prevention — Accurate and timely filings prevent GST department scrutiny notices and summons
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Cash Flow Management — Proper ITC management reduces effective GST outflow on purchases
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Annual Audit Ready — Maintained records and filed returns ensure smooth GSTR-9C audit at year end
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Error Correction — We proactively identify and correct errors in previous filings before they cause issues
Who Can Apply
Eligibility Criteria
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Am I Eligible?
Check if your business qualifies for GST Compliance & Return Filing
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All GST-registered businesses — proprietorships, partnerships, companies, LLPs
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Businesses under regular scheme (monthly or quarterly filers)
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Composition scheme taxpayers (quarterly CMP-08)
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Exporters with LUT or IGST-paid exports
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E-commerce operators and sellers
Documents Required
Required Documents
01
GST Registration Certificate and GSTIN
02
Monthly sales invoices and credit/debit notes
03
Monthly purchase invoices for ITC claims
04
Bank statements for reconciliation
05
Import/Export documents (if applicable)
06
RCM (Reverse Charge) transaction details
07
E-way bills generated during the period
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Previous GSTR-2B for ITC reconciliation
📌 We provide a simple monthly data submission format — just share your sales and purchase data and we handle everything else.
Process
Step-by-Step Process
1
Data Collection
Share your monthly sales and purchase data in our simple template — or give us read-only accounting software access.
2
ITC Reconciliation
We reconcile your purchase records with GSTR-2B to identify eligible and ineligible ITC — maximising your credit.
3
GSTR-1 Preparation & Filing
Prepare and file GSTR-1 with all outward supplies, invoices, and credit/debit notes by the 11th.
4
GSTR-3B Filing & Tax Payment
Prepare GSTR-3B summary, compute net tax liability after ITC, and file with tax payment by the 20th.
5
Monthly Reconciliation Report
Provide a monthly GST summary — tax paid, ITC claimed, pending ITC, and compliance status.
6
Annual Return (GSTR-9)
Prepare and file annual return GSTR-9 consolidating the full year's GST data for the completed financial year.
FAQs
Frequently Asked Questions
What is the penalty for missing GST return deadline?+
Late fee is ₹50/day per return (₹25 CGST + ₹25 SGST). For NIL returns (no transactions), the late fee is ₹20/day. Interest at 18% p.a. also applies on unpaid tax amount.
What is Input Tax Credit (ITC) and how do we claim it?+
ITC is the GST paid on business purchases that you can offset against GST collected on sales. We reconcile your purchases with GSTR-2B to claim every eligible credit.
How many GST returns does a business file per year?+
Regular monthly filers file 12 GSTR-1 + 12 GSTR-3B + 1 GSTR-9 = 25 returns annually. Quarterly QRMP filers file 4 GSTR-1 + 4 QFI + 12 PMT-06 + 1 GSTR-9 = fewer returns.
What is GSTR-9C and who needs to file it?+
GSTR-9C is a reconciliation statement (GST audit) required for businesses with annual turnover exceeding ₹5 crore. It must be certified by a Chartered Accountant or Cost Accountant.
Can we recover missed ITC from previous months?+
Yes. ITC from missed invoices can be claimed up to November of the following year (Section 16(4) deadline). We help recover legitimate missed credits within the window.
What is e-invoicing and does it apply to me?+
E-invoicing (electronic invoice submission to IRP) is mandatory for businesses with turnover above ₹5 crore from August 2023 onwards. We handle e-invoicing integration and compliance.
Ready to Get Started?
Expert assistance — complete GST Compliance & Return Filing from start to finish.
⚡ Fast Processing
✓ 97% Success Rate
🔒 100% Secure
