Illustrative example · Trading & Distribution
GST Annual Compliance for ₹5Cr Turnover Company
Rajesh Enterprises operates across 3 states with complex multi-state GST. Our CA-led team handled monthly returns, ITC reconciliation, and annual filing - zero penalties, ₹2L ITC saved.
Names and figures are illustrative, not a real client.
Key metrics at a glance
- Annual Turnover
- ₹5 Crores
- 3-state operations
- ITC Claimed
- ₹2 Lakhs
- Through reconciliation
- On-Time Filing
- 12 / 12
- Zero penalty months
The challenge
Rajesh Enterprises had grown rapidly to a ₹5Cr annual turnover with operations across 3 states - Maharashtra, Gujarat, and Karnataka. Their existing accountant struggled with the complexity of multi-state GST filings. The client needed a GSTR-9C reconciliation for annual filing, had accumulated significant unclaimed Input Tax Credit, and was at risk of penalties from missed deadlines. They needed an experienced CA-led team to take over compliance management.
Our approach
We deployed a CA-led GST compliance team to manage all aspects of their GST obligations. Our structured approach included:
Onboarding & Audit: Conducted a full audit of 12 months of transaction data across all 3 states. Identified ₹2L+ in unclaimed ITC from mismatched invoices.
Monthly Return Filing: CA-led preparation and filing of GSTR-3B and GSTR-1 for all 3 GSTINs every month. Automated reminders ensured never missing a deadline.
ITC Reconciliation: Matched purchase invoices against supplier GSTR-2A/2B data. Recovered ₹2L in missed ITC by filing missing invoices and raising disputes where needed.
GSTR-9 & GSTR-9C: Compiled annual return with the audited financials. Our CA signed the reconciliation statement, ensuring full compliance with statutory requirements.
Ongoing Advisory: Provided monthly compliance reports and proactive advisory on GST notifications affecting their business.
Key results
- All 12 monthly GSTR-3B and GSTR-1 filings completed on time across 3 states
- ₹2L in Input Tax Credit recovered through meticulous reconciliation of purchase invoices
- Zero late fees or penalties - perfect compliance record maintained throughout the year
- GSTR-9 and GSTR-9C filed with CA certification, accepted without any query from tax authorities
- Client saved an estimated ₹5L by avoiding penalties and maximizing ITC claims
What the client says
"Before Bizeneed, we were juggling three different GSTINs with spreadsheets and anxiety. Their team took complete ownership and the peace of mind is priceless. The ₹2L ITC recovery was a bonus we never expected."
Illustrative quote, not from a real client.
Next step
Need GST Compliance Help?
Our CA-led team handles multi-state GST, ITC reconciliation, and annual returns - hassle-free.