VAT or Value Added Tax is the tax levied on every exchange and is applicable to all activities involved in the production and provisioning of goods and services. VAT returns normally involve the payment due and post deduction of VAT on purchases from the VAT amount charged on sale. VAT is often a very tedious and monotonous job for enterprises to handle and is best outsourced. If your organization is looking for expert VAT return services, outsource to Flatworld Solutions.
What are advantages of outsourcing VAT return services to India?
Outsourcing VAT returns to India can help your company to benefit from expert VAT return services at a cost-effective price. This process also ensures a quick turnaround time with strict adherence to deadlines, enabling companies to effectively save time. Outsourcing also ensures access to professional and skilled manpower that are proficient in VAT related software. Indian financial experts have the requisite financial acumen to provide accurate VAT return services.
What is the process of filing VAT returns at Flatworld Solutions?
The process for customers to file returns through Flatworld solutions involves the following steps:
Income related documents are sent across by our VAT returns customers through a secure FTP
The income related documents are then scanned as images
Payments, receipts, purchases and sales documents are then processed for the entire VAT period
Fuel scale charges are included wherever relevant and necessary. Our team is proficient in standard and cash accounting. We can employ either of them according to your requirements
VAT returns for particular schemes are then prepared
Finally the updated information is sent across in the requested formats. We can also directly update the information on the financial software if required
What are some of the VAT returns software supported by Flatworld Solutions?
Flatworld Solutions enlists the services of professionals who are proficient in the usage of VAT related software like Sage, Viztopia, Tally & Pro to name a few of the many. We also provide customized solutions based on software currently adopted by your organization, to ensure seamless filing of VAT returns.
Why outsource VAT return services to Flatworld Solutions?
Filing VAT returns is a tedious task that requires specialists and skilled manpower. Flatworld solutions and its team of skilled professionals bring to the table the required experience and expertise to accomplish this task thereby helping organizations to save on cost, time, money and effort.
Flatworld solutions ensures the fastest turnaround time thereby ensuring the filing of returns within specified deadlines.
We have a proficient financial team who has expertise in the usage of SAGE Line 50 alongside other VAT returns software
We have a competent and experienced team for management of various explicit VAT schemes specific to different professions
We can provide competent VAT return services in the area of VAT calculation