The Goods and services tax (GST) system, which came into effect in 2017, revolutionised India’s indirect tax regime. While it simplified taxation, it also introduced complexities that businesses, especially small and medium enterprises have to navigate carefully. As businesses strive for compliance and efficiency in their tax obligations, the role of a skilled GST consultant becomes crucial.

Why Do You Need a GST Consultant? 

 

GST is a comprehensive tax system that governs a wide array of business activities, including taxation on sales, purchases, import/export, and interstate transactions. The law is constantly evolving, with frequent updates and revisions. For businesses to stay compliant, mitigate risks, and optimize their tax liabilities, expert advice is necessary.

Here are the reasons why you might need a GST consultant: –

• Tax Compliance: Staying compliant with GST regulations can be challenging for businesses, especially with changing laws. A consultant ensures you meet all tax deadlines and file returns correctly.
• Tax Planning & Optimisation: GST consultants can help you plan your taxes in a way that minimises liability and maximises savings.
• GST Return Filing: Filing monthly, quarterly, and annual GST returns requires a deep understanding of the system to ensure timely and accurate submissions.
• GST Audits: GST consultants can assist with preparing for and managing GST audits by authorities.
• Industry-Specific Advice: Different industries (e.g., manufacturing, services, and retail) have specific GST compliance requirements. A specialised consultant can offer customised guidance.

How to Choose the Best GST Consultant for Your Business?

Choosing the right GST consultant can significantly impact your business’s financial health and legal compliance. Here’s how to make an informed decision:

• Assess Your Business Needs: Depending on your industry, size, and requirements, different consultants may be a better fit.
• Review Reputation and Reviews: Look for testimonials and reviews from other businesses that have worked with the consultant.
• Compare Fees and Services: Get a detailed list of services offered and compare fees. Ensure that the consultant offers value for money.
• Check Availability: Make sure the consultant is available to handle urgent issues and that their communication is clear and timely.
• Get a Consultation: Before finalising, request a consultation to discuss your business needs and gauge their understanding and approach.

 

Top GST Consultants in India

 

Here are some of the best GST consultants and firms in India that have consistently proven their expertise in the field:

1. 1. Clear Tax

   2. Taxmann

• GK Kedia & Co.

GK KEDIA & Co. is one of the best GST consultant in Delhi especially known for his expertise in Goods and Services Tax (GST) laws and regulations. He has built a strong reputation for helping businesses navigate the complexities of GST compliance, tax planning, and strategy.

1. Expert Knowledge and Experience

• With years of experience in indirect taxation, G.K. Kedia has developed an in-depth understanding of GST laws, including the nuances of GST returns, GST registration, GST audits, and tax planning.
• His expertise extends to a variety of industries, making him adaptable to different business needs.

2. GST Compliance Services

• He assists businesses in ensuring proper GST compliance, including registration, return filing, input tax credit (ITC) claims, and timely updates to the GST laws.

3. Tax Advisory and Consultancy

• G.K. Kedia provides valuable tax advisory services to optimize the tax structure, reduce liabilities, and ensure that businesses take full advantage of tax-saving provisions under the GST regime.

4. Handling GST Audits and Assessments

• He helps clients prepare for and handle GST audits and assessments conducted by tax authorities. His deep knowledge helps businesses mitigate risks and resolve disputes with tax authorities. 5. Training and Workshops

• He offers GST training and workshops to businesses and professionals to keep them updated with the latest GST amendments and help them build internal expertise.

7. Reputation and Client Trust

• He has earned the trust of a wide range of clients, from small and medium-sized enterprises (SMEs) to large corporations, owing to his thorough understanding and commitment to delivering results.

 

Conclusion

 

The right GST consultant can make a significant difference to your business’s compliance, tax optimisation, and overall financial strategy. Whether you’re a small business or a large enterprise, finding an experienced consultant who understands the laws of the GST system is essential.

Consider factors such as expertise, industry knowledge, client reviews, and the range of services offered when selecting a GST consultant. By doing so, you can ensure smooth operations and avoid any falls in the complex world of GST.

Written by
PRIYANKA DHILLAN
Articled Clerk