A GST compliance retainer is a structured engagement that provides predictable, ongoing support. It goes beyond return filing to include reconciliation, advisory, notice support, and audit preparation. Understanding the scope and deliverables helps businesses evaluate retainer proposals.
This article explains what to expect.
Scope of a Retainer
A typical retainer includes:
- Monthly filing: GSTR-1 and GSTR-3B.
- Reconciliation: GSTR-2B matching.
- ITC optimisation: Identifying eligible ITC and reversals.
- Advisory: Transaction structuring and compliance queries.
- Notice support: Analysis and response to notices.
- Annual compliance: GSTR-9 and GSTR-9C.
- Audit support: Pre-audit preparation and representation.
Deliverables
- Filed returns with acknowledgements.
- Reconciliation statements.
- ITC workings.
- Advisory notes.
- Notice responses.
Service Level Agreements (SLAs)
- Filing deadlines: Returns filed before due dates.
- Query response: Queries answered within 24–48 hours.
- Notice response: Notices analysed and responded to within the deadline.
- Status updates: Monthly compliance status reports.
What Is Not Included
- Litigation representation (separate engagement).
- Special audits (separate engagement).
- Transaction advisory for major transactions (separate engagement).
Conclusion
A GST compliance retainer provides predictable, comprehensive support. Understanding the scope, deliverables, and SLAs ensures that the engagement meets the business's needs.
At Anuj Desai & Associates, we provide structured GST compliance retainers with clear scope, deliverables, and SLAs. Our team ensures that your compliance is proactive, not reactive.
For a confidential consultation, contact us at office@anujdesaiassociates.com or call 9619456656. Visit our website at https://anujdesaiassociates.com or connect with our founder on LinkedIn at linkedin.com/in/ca-anuj-desai-122547230.