Certifications
A practicing Chartered Accountant is required to certify various forms related to reconciliation under GST audit, declaration in refund application, declaration for availing input tax credit when such declared amount exceeds the prescribed amount under law.
Annual return
An annual return must be filed once in a year by the registered taxpayers under GST on the due date as prescribed under law. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST and IGST. It consolidates the information furnished in the monthly or quarterly returns during the year.
- FormTo be filed by
- GSTR-9Regular taxpayers
- GSTR-9 APersons registered under composition scheme
- GSTR-9 BE-commerce operator
We provide strategic, transformational, and technical offerings in risk and compliance
- GST Audit
With the rationale of verification of turnover declared, taxes paid, refund claimed, input tax credit availed, and assuring adherence to compliance with the provisions of GST Act or the rules government has mandated the furnishing of an audited statement of accounts and reconciliation statement for registered persons having turnover exceeding 2 crores on or before 31st December following the end of such financial year without relaxation to voluntarily registered persons. The types of GST audit are
- Annual Audit
- Audit by tax authorities
- Special Audit
Indirect Taxation – We provide advisory services to our clients in the field of indirect taxes specifically GST.
Annual audit under GST comprises of furnishing a statement in Form 9C, duly certified by a CA/CWA. A registered person whose annual turnover exceeds Rs 2 crores during the financial year, need to file a statement of reconciliation between the annual returns in GSTR-9 and the figures mentioned in the audited financial statements in Form-9C. Such person is also required to get their accounts audited and file a copy of audited annual accounts and reconciliation statement of tax already paid and tax payable as per audited accounts along with GSTR 9C. Section 35 (5) read with section 44(2) of CGST/SGST Act and relevant rules thereof provides for the manner of audit of records and class of registered persons who are required to get his accounts audited from Chartered Accountant or Cost Accountant.
BeyondÕ is a one stop solution for all your requirements for advisory on specific transaction, compliance and audit under Goods and Services Tax (GST) in India along with pre-GST taxes.
- Client success in Risk Management and Compliance
Expected loss reduction
We assisted a leading merchant acquirer in the travel and airline industries with risk management and compliance, resulting in reduced exposure, lower expected losses, and increased profitability in high-risk sectors during a crisis. We successfully reduced the client’s exposure by over one-third and mitigated expected losses by approximately 85% during this turbulent period.
Uplift
A global USA bank partnered with us to enhance their treasury, asset and liability management operating models, as well as their liquidity and interest rate risk management process. Through this transformational engagement, we made revisions to the client’s behavioral models and hedging strategy
Automotive industry
We designed and implemented a global integrity and compliance program for a world-leading automobile manufacturer. The program focused on implementing processes and inspiring people, strengthening governance and processes across more than 500 legal entities worldwide. Through diverse communication, training, and enablement initiatives, we engaged all employees on the path to achieving sustainable culture change.
Client results
Explore our success stories to see how we have helped businesses like yours overcome challenges and achieve tangible results.
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