We are a premier Corporate Services firm providing comprehensive Business Advisory, Corporate Registration, Statutory Compliance, and Financial Management Consultancy services.
Authoritative indirect tax legal opinions, Harmonized System of Nomenclature (HSN / SAC) code mapping, Place of Supply rules under the IGST Act, Rule 28 related-party valuation, and Authority for Advance Rulings (AAR) representation under the CGST Act, 2017.
Complex commercial business models, digital service platforms, and hybrid transactions require rigorous statutory indirect tax interpretation. Under the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017, determining the correct tax liability hinges on precise Harmonized System of Nomenclature (HSN) and Service Accounting Code (SAC) mapping, composite versus mixed supply analysis, and Place of Supply (POS) legal determination. Our senior practice partners author comprehensive legal opinions, resolve tariff classification disputes, formulate related-party valuation matrices under Rule 28, and represent corporate clients before the Authority for Advance Rulings (AAR).
Multi-jurisdictional Goods and Services Tax advisory, supply chain tax structuring, monthly GSTR-1 and GSTR-3B filings, automated Rule 88C/88D discrepancy resolution, Section 54 inverted duty structure & export refund recovery, and departmental show-cause notice litigation before adjudicating and appellate authorities.
Verified regulatory gateways and compliance databases for business transparency
Statutory national repository for GST registration, return filing, input tax credit matching, and DRC-01B/C compliance.
Official authority for GST notifications, circulars, HSN classification, and statutory tariff rate updates.
National electronic logistics system for real-time B2B e-invoice generation (IRN) and inter-state movement passes.
Misclassifying an HSN or SAC code can trigger catastrophic retrospective tax demands, 18% interest, and 100% penalties. We examine technical product specifications, commercial catalogs, and customs tariff interpretations to determine authoritative HSN/SAC codes and applicable statutory tax rates, backed by CBIC circulars and judicial case law.
Under Sections 10 through 13 of the IGST Act, 2017, determining whether a transaction is subject to IGST (interstate) or CGST/SGST (intrastate) is critical for multi-branch entities, SaaS platforms, transport logistics, and cross-border services. We architect place of supply compliance matrices to prevent payment under the wrong tax head and ensure lawful tax collection.
For transactions with ambiguous taxability or un-notified exemptions, we draft and file applications for Advance Rulings in Form GST ARA-01. We represent clients before the State Authority for Advance Rulings (AAR) and Appellate Authority for Advance Rulings (AAAR), securing binding statutory certainty before commercial investments are committed.
A disciplined 4-stage pipeline ensuring zero-defect digital filing
Deploying algorithmic reconciliations between ERP purchase registers, auto-drafted GSTR-2B, and supplier GSTR-1 uploads.
Validating B2B tax invoices, credit notes, export shipping bills, and HSN 6-digit summaries prior to the 11th monthly deadline.
Executing optimal tax cash/credit ledger utilization, calculating interest under Section 50 if applicable, and submitting GSTR-3B.
Drafting point-by-point DRC-01B/C rebuttals and finalising annual reconciliation statements in GSTR-9 and Form GSTR-9C.
Official statutory thresholds, documentation requirements, and non-compliance consequences
| GST Statutory Pillar | Governing Rule / Section | Compliance Standard | Filing Cadence | Default Consequence |
|---|---|---|---|---|
| Monthly Outward Returns | CGST Act Sec 37 & Rule 59 | Form GSTR-1 (B2B, B2C, Exports, HSN) | 11th of every month | Late fee ₹50/day (₹20 if nil) + customer ITC block |
| Monthly Summary Return | CGST Act Sec 39 & Rule 61 | Form GSTR-3B with tax payment ledger | 20th of every month | Interest @ 18% p.a. u/s 50 + E-Way Bill block |
| GSTR-1 vs 3B Liability Mismatch | CGST Rules Rule 88C | Form DRC-01B online portal submission | Within 7 days of notice | Subsequent GSTR-1 blocked & recovery u/s 79 |
| GSTR-3B vs 2B ITC Discrepancy | CGST Rules Rule 88D | Form DRC-01C reconciliation statement | Within 7 days of notice | Demand recovery + 18% interest on excess credit |
| Inverted Duty Structure Refund | CGST Act Sec 54(3) & Rule 89(5) | Form RFD-01 with CA refund certificate | Within 2 years of relevant date | Working capital blockage & forfeiture of refund |
Key legal dossiers, resolutions, and KYC documents required from promoters and entities
Calendar due dates, prescribed filing forms, and statutory default consequences
| Filing Event | Prescribed Form | Statutory Deadline | Late Fee & Default Rule |
|---|---|---|---|
| GSTR-1 Monthly Return | Form GSTR-1 | 11th of every month | ₹50 per day cumulative late fee |
| GSTR-3B Tax Settlement | Form GSTR-3B | 20th of every month | ₹50 per day + 18% p.a. interest u/s 50 |
| Annual GST Return | Form GSTR-9 | December 31 following fiscal year | ₹200 per day capped at 0.5% turnover |
| Annual Reconciliation Statement | Form GSTR-9C | December 31 following fiscal year | General penalty under Section 125 up to ₹25,000 |
Authoritative insights structured for executive boards, corporate proprietors, and regulatory compliance
As an independent multidisciplinary corporate consultancy partnership firm, Kinsmen delivers strategic commercial solutions, business structuring, and compliance facilitation without ICAI advertising constraints. Our partners provide direct, accountable surveillance for your ongoing statutory peace of mind.