How much does CA charge for GST Returns?

If you are a business owner in India, you must be aware of the Goods and Services Tax (GST) and its importance. GST is an indirect tax that replaced many indirect taxes in India, and it is mandatory for businesses with an annual turnover of over Rs. 40 lakhs to register for GST. As per the GST rules, businesses have to file their GST returns regularly, and failure to do so can result in hefty penalties. However, many business owners are often confused about the charges involved in filing GST returns. In this blog, we will discuss how much Chartered Accountants (CA) charge for GST returns.

Firstly, it's essential to understand that the charges for filing GST returns by a CA may vary depending on various factors such as the complexity of the return, the volume of transactions, and the experience of the CA. On average, CAs may charge anywhere between Rs. 2,000 to Rs. 15,000 per year for filing GST returns. The cost can go up to Rs. 25,000 or more if the return is complex or if there are a large number of transactions involved.

It's important to note that these charges are not fixed, and business owners must negotiate with their CAs for a fair price. The charges also depend on the type of CA you choose. A CA from a well-known and reputable firm may charge more than a freelance CA.

Business owners should also consider the benefits of hiring a CA to file their GST returns. A CA has the necessary knowledge and expertise to ensure that your GST returns are filed accurately and in a timely manner, thus avoiding any penalties. Additionally, a CA can also provide valuable advice on tax planning and help you save money on your taxes.

In conclusion, the charges for filing GST returns by a CA may vary depending on several factors, and it's essential for business owners to negotiate a fair price. However, hiring a CA for GST returns can be highly beneficial for businesses and can save them from hefty penalties.