GST Guide

GovReports GST Health Checkup

The massive indirect taxation system of GST in India came into force on 01st July 2017. Though Taxpayers filing GST Returns periodically, they are facing so many challenges upon Interest, Late fee, Penalty and also adjustment of Input Tax Credit (ITC).

How an error occurs?
  1. Manual error in uploading invoice data
  2. Claiming incorrect Input tax credit
  3. Filing data in wrong sections
  4. No awareness on Nil return
  5. Discontinuity of filing return
Why we need Master Health Checkup?
  1. Error Free report
  2. Avoid Late fees
  3. Reducing Penalties
  4. Easy finalization of books of accounts
  5. Knowledge about GST law updates
  6. Supplier data reconciliation
GovReports Health waves

GovReports provides a quick solution to overcome the head-ache of taxpayers when reconciling GST returns.

GovReports GST Health checkup is a tool which helps the taxpayer to understand about the accuracy of filed GST returns, correctness of mismatched data, avoid late fees and penalties and procure easier way to prepare GST Annual return. GST Compliance report can be prepared from the date of registration of the company.

Health Checkup Controllers

This reports is prepared by our GST experts by getting your details in a friendly manner. Also they give proper guidance to bring your company in a right way.

What I need to do?

GovReports will give simple process flow for getting your GST Health checkup report. Our experts give a call to you on your registered mobile number with us for getting GST registration credentials.

How much should I need to pay?

GovReports is a complete GST Solution software. It fulfils all the customer needs under one roof. GST Health Checkup report is absolutely free to the customers which enacts customer satisfaction to build a good relationship.

GST offence, Penalty and Appeal
Offence

A GST Taxpayer must aware of an Offence, Penalty and Appeal. He/she must follow the rules and guidelines in, at levied by the Indian government. GST system which describes the offense guidelines which a taxpayer need to follow. There are 21 offences which defined as offences in GST regime.

  1. A GST registered person supply goods and services without a proper invoice and with fraudulent information mentioned in the invoice
  2. Tax Invoice issued without actual supply of goods and services
  3. No registration of GST even if the turnover limit exceeds
  4. Using GSTIN of others for invoice
  5. Providing false information at the time of GST registration
  6. Providing false data at the time of GST return filing
  7. Providing false information at the time of assessment
  8. Deducted GST amount is not reported in returns within 3 months period of such deduction
  9. Deducted TDS amount should be reported in returns within 3 months period of such deduction
  10. Getting refund by fraudulent activity
  11. Claiming ITC without getting actual goods or services
  12. No proper maintenance of records if it is required by the law
  13. Showing less sales for tax evasion
  14. Obtaining composition scheme even though if not eligible
  15. Transporting of goods without proper documentation
  16. Supply of goods which is not legal
  17. TDS is not deducted beyond the prescribed limit
  18. TCS is not collected beyond the prescribe limit
  19. Distribution of Input service as per the prescribed limit by an Input service distributor
  20. Destroy the goods and evidence
  21. Obstruct the officer in performing their duties

If any person commits any of the above activities, He is liable to the government for this offence.

Penalty

Based on the above offences, Penalty is levied. It may be Levied on the basis of certain criteria such as:

  1. Late filing:Filing the GST returns will attract Penalty in the name of “Late fees”. This fee is fixed at ₹200 (CGST + SGST) up to a maximum of ₹5000. Beyond this late fees, interest @18 % p.a. will add in addition to this
  2. No filing: GST Returns need to file continuously. Filing the return by swapping any month is not possible and it is subject to penalty.
  3. Committing offenses with intension: If any taxpayer committing any of the above 21 offences, he needs to pay a 100% penalty if he commits with an intension. The penalty amount is subject to a minimum of ₹10,000
  4. Committing offenses without intension : If any taxpayer committing any of the above 21 offences, he needs to pay 10% of tax amount if he commits without an intension. The penalty amount is subject to a minimum of ₹10,000
Appeal

If a GST taxpayer commits any offence with intention of fraud, he/she must face criminal charges levied by the GST authorities. Such Tax evaders may arrest by the officer.
If a person is not agreed to arrest or order passed by committing an offence, they can create appeal.

An Appeal based on order wise. First appeal moved to the First appellate authority. If not satisfy with the first, move to National appellate authority. Furthermore there are two steps behind is High court and Supreme court.