Monthly service
GST filing and reconciliation
GST filing is reporting your sales and paying the net tax through returns such as GSTR-1 and GSTR-3B. LanceIQ prepares and files them every month from your books, and matches your input tax credit to GSTR-2B so you claim only what your suppliers have reported.
What is included
- GSTR-1 prepared from your issued invoices, credit notes and debit notes
- Input tax credit matched to GSTR-2B, with mismatches listed by supplier
- GSTR-3B prepared with the net tax payable worked out
- Returns filed on time for every GST registration you hold
- Amendments for invoices reported in an earlier period
- A clear note of the GST to pay and the due date
Who it is for
For companies registered under GST in one or more states, including Shopify and D2C sellers who sell across India, manufacturers and traders with many supplier bills, and startups that want their GST clean before a fundraise.
What you provide
- Approval of the return summary when we send it
- The GST payment from your bank account
Everything else is done for you.
When it happens
| When | What |
|---|---|
| By the 11th | GSTR-1 for monthly filers |
| 14th | GSTR-2B is available and credit is matched |
| By the 20th | GSTR-3B and payment for monthly filers |
| Quarterly | Returns under the QRMP scheme for smaller taxpayers |
Common questions
What is the difference between GSTR-1 and GSTR-3B?
GSTR-1 reports the details of your sales invoices. GSTR-3B is the summary return where you declare your tax, claim input credit and pay the balance. Most companies file both every month.
What is GSTR-2B matching?
GSTR-2B shows the purchase invoices your suppliers have reported. Matching it against your purchase bills tells you which input credit you can claim now and which suppliers still need to report.
Do you handle GST for Shopify sellers?
Yes. Shopify orders, refunds and fees flow into your books, and the GST on each sale is worked out by the customer's state, so GSTR-1 is ready without spreadsheets.
Can you handle several GST registrations?
Yes. Each registration has its own returns, and we file all of them every month.