On July 1, 2017, the federal government implemented a uniform sales tax across the country. Individual enterprises with an annual turnover of more than Rs. 40 Lakhs are expected to undergo the GST registration process. All enterprises that are currently registered for central excise, service tax, or VAT must register for GST utilizing a new GST registration method. All firms must apply for a GST number in each state where they are registered.
GSTR-1 return filing is one of the main forms to fill out when submitting your taxes because the information provided on the GSTR-1 form is utilized to auto-populate all other forms.
GST Registration process CA cost factors
The charges levied by a CA depends on the following factors.
Location/City
There are no fixed fees, and the costs vary according to the type of CA and their experience. More experienced CA usually charges more. In general, individual (proprietorship) registration costs between Rs. 2000 – 3000, whereas firm or corporation registration costs between Rs. 5000 – 9000.
The fees charged by the CA depends on the City Class as well. The amount charged largely depends on the provider’s geographic area.
- Class A- This class includes Delhi, Mumbai, Pune, Bengaluru, and other such cities
- Class B- It Includes other popular cities such as Indore, Jaipur, Kochi, Kota, etc.
- Class C- The cities not covered in A or B are included in Class C.
You need to check the CA charge for GST registration as per the city you live in.
Complexity of the case
The charges for GST filing also vary as per the complexity of the assignments like Attending Scrutiny Assessment, Income Tax Search, Preparation of Minutes, Statutory Register and Other Secretarial Work, etc.
Standard minimum Charges
The minimum fees charged by a CA or legal service provider for GST return is:
- Composite Dealer: Rs 3,000 per return
- Turnover of up to 2 crores: Rs 2,000 per return
- Turnover of 2 crores and above: Rs3,500 per return
Also, for GST services provided by members of the CA institute, the CA rates are as follows-
| Particulars
|
CLASS-A City | CLASS-B City | CLASS-C City |
| GST Registration process
|
Rs.20,000 | Rs.15,000 | Rs.10,000 |
| Registration and Consultant
|
Rs.7,000 | Rs.5,000 | Rs.3,000 |
| Tax Advisory & Consultant about Tax, Value, Classification etc. | Rs.20,000 | Rs.15,000 | Rs.10,000 |
| Returns and Challan
|
Rs.15,000/- & Above+ (Rs.4,000/-per month) | Rs.10,000/- & Above+ (Rs.3,000/-per month) | Rs.8,000/- & Above+ (Rs.2,000/-per month) |
| Show cause notice reply
|
Rs.30,000 | Rs.20,000 | Rs.15,000 |
| Filling and Appeals drafting
|
Rs.30,000 | Rs.20,000 | Rs.15,000 |
| Audit of A/c and reconciliation
|
Rs.40,000 | Rs.20,000 | Rs.12,000 |
| Certification work
|
Rs. 10,000 | Rs.7,000 | Rs.5,000 |
Wrapping up!
The GST registration is a complex process and requires various documents to complete the registration process. For more information on GST registration, you may visit Finserv MARKETS.
