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WELCOME TO GS ASSOCIATES

Trusted Tax & Financial Consultancy Services specializing in Accounts & Finance, Statutory Works, Loans, ESI, EPF, Import & Export, Logistics Services, and Legal Matters.

GS Associates provides professional taxation, accounting, and compliance services for individuals, professionals, and businesses. Our team helps clients manage tax obligations, maintain proper financial records, and ensure full compliance with government regulations.

We focus on delivering accurate, reliable, and timely services to support business growth and financial stability.


OUR SIX CHAPTERS OF EXPERTISE

Income Tax Services
  • Income Tax Return (ITR) Filing for Individuals, Firms, Companies & Trusts
  • Company Income Tax Filing
  • Tax Audit (Section 44AB)
  • Advance Tax & Self-Assessment Tax
  • Income Tax Notices & Compliance Support
GST Services
  • GST Registration & Amendments
  • GSTR-1 Filing
  • GSTR-3B Filing
  • Monthly & Quarterly GST Returns
  • Annual Returns (GSTR-9 & GSTR-9C)
  • GSTR-2B & GSTR-3B Reconciliation
  • GST Audit & Compliance
Accounting & Audit Services
  • Complete Accounting & Bookkeeping
  • Internal Audit
  • Branch Audit
  • Statutory Audit Assistance
  • Financial Statement Preparation
  • Bank & Ledger Reconciliation
  • ROC Compliance & Accounting Support
Company & Business Registration
  • Proprietorship Registration
  • Partnership Firm Registration
  • LLP Registration
  • Private Limited Company Registration
  • Public Limited Company Registration
  • Trade Registration
  • Business Registration & Compliance
TDS Services
  • TDS Registration
  • Quarterly TDS Returns
  • Monthly TDS Compliance
  • Annual TDS Statements
  • TDS Follow-up & Corrections
PAN & TAN Services
  • New PAN & TAN Application
  • PAN Correction
  • Company PAN Changes
  • Individual PAN Corrections
  • TAN Registration & Modification
Periodic Compliance Services
  • Monthly Returns
  • Quarterly Returns
  • Half-Yearly Returns
  • Annual Returns
  • ROC Filing & Annual Compliance
  • Business Compliance Management
Finance Services
Table of Contents
  • Important Types of Business Finance
    • Debt Finance
    • Asset-Based Lending
    • Equity Finance
    • Mezzanine Finance
    • Capital Raising Funds
    • Relatives and Friends
    • Angels Investor
    • Personal Equity Placements
  • Business Finance Basics for Beginners Guide
Types of Loans
  1. Mortgages
  2. Auto Loans
  3. School or College Loans
  4. Small Business Loans
  5. Personal Loan
ESI EPF Services
Statutory Compliance Services
  • PF Registration & Monthly Filing
  • ESI Registration & Returns
  • Labour Welfare Fund Filing
  • Half Yearly Returns / Yearly Returns
  • Professional Tax (PT) Filing
  • First Aid Certificates
  • ISO Certificate
  • Legal Documents like License, Stability Certificate, Sanitary Certificate, Pollution Certificate, Fire License, Lift & Hoist Certificate, Pressure Vessel Certificate and Trade License.
  • Environmental Certificates like Noise, Lux and Water.
  • Inspector of Factories – License Registration / Renewal, Monthly & Yearly Returns.
  • Reduce Penalties.
  • Ensure 100% Compliance.
  • Save Time and Effort.
Recruitment and Selection Process
Planning and Sourcing

Identifying vacancies, developing job descriptions and sourcing candidates via internal (promotions) or external channels (job boards, agencies).

Screening & Evaluation

Reviewing resumes, conducting preliminary interviews, technical tests and in-depth interviews to shortlist suitable talent.

Finalization

Performing reference checks, selecting the candidate and extending the job offer.

On the Job

Integrating the new hire into the company.

This process reduces turnover costs and ensures alignment between candidate skills and company goals.

EPFO

Employees Provident Fund Organization. It is one of the Social Security Acts protecting employees and their dependents.

  • EPFO Enrollment for Employees.
  • E-Nomination.
  • 12% Employer Contribution & 12% Employee Contribution.
  • PF Advance Withdrawal.
  • Pension Benefits.
  • Family Pension.
  • EDLI Insurance Benefit (₹2.5 Lakhs to ₹7 Lakhs).
ESI

Employees State Insurance Corporation is a Social Security Scheme for employees.

  • ESI Registration.
  • E-Nomination.
  • Employer Contribution – 3.25%.
  • Employee Contribution – 0.75%.
  • Contribution Period: April–September & October–March.
  • Super Specialty Treatment Eligibility.
  • Industrial Accident Benefits.
  • Permanent Disabled Benefit (PDB).
  • Family Pension Benefits.
Gratuity
  • Applicable after 5 Years of Continuous Service.
  • Calculation: Last Drawn Salary / 26 × 15 Days × Years of Service.
  • Rounded off to the next completed year after 6 months.
  • LIC Group Gratuity Cash Accumulation Scheme.
Tamil Nadu Labour Welfare Board
  • Employee Contribution – ₹20
  • Employer Contribution – ₹40
  • Total Contribution – ₹60
  • Industrial Death Benefit – ₹2,05,000
  • Normal Death Benefit – ₹55,000
  • Marriage Assistance – ₹20,000
Import Export Services

Exports

1. Import Export Code (IEC) Services
  • New IEC registration for exporters.
  • Modification / update of IEC details (address, bank, partners, etc.).
  • IEC surrender or cancellation.
2. Export Promotion Schemes
  • Advance Authorisation – Duty-free import of raw materials used for export products.
  • Export Promotion Capital Goods (EPCG) Scheme – Allows import of machinery at lower duty for export production.
  • Duty Free Import Authorisation (DFIA).
3. Export Licences / Authorisations
  • Export licences for restricted items.
  • Policy clarification for items under restricted category in the export policy.
4. Registration Cum Membership Certificate (RCMC)
  • DGFT links exporters with Export Promotion Councils.
  • Verification of RCMC details required for availing export benefits.
5. Status Holder Certificate
  • One Star Export House
  • Two Star Export House
  • Three Star Export House
  • Four Star Export House
  • Five Star Export House
6. Export Obligation Monitoring

(EPCG / Advance Authorisation)

  • Monitoring export obligation fulfilment.
  • Extension of export obligation period.
  • Redemption / closure of licences.
7. Policy Guidance & Trade Clarifications
  • Clarification about the Foreign Trade Policy (FTP).
  • Guidance on restricted, prohibited, or free export items.
  • Trade notices and updates.

Imports

1. Import Export Code (IEC) Registration
  • Issuing new IEC numbers required for importers.
  • Modification / update of IEC details.
  • Cancellation or surrender of IEC.
2. Import Licences / Authorisations
  • Certain chemicals
  • Electronics
  • Defence-related items
  • Environment-sensitive goods
3. Advance Authorisation Scheme
  • Allows duty-free import of raw materials or inputs used to manufacture products meant for export.
  • DGFT approves the authorisation and monitors the export obligation.
4. Export Promotion Capital Goods (EPCG) Scheme
  • Permission to import capital goods (machinery, equipment) at reduced or zero customs duty.
  • Importer must fulfill export obligations within a specified time.
5. Duty Free Import Authorisation (DFIA)
  • Allows duty-free import of inputs after export has been completed.
  • DGFT issues and monitors these authorisations.
6. Import Policy Clarification
  • Free – No licence required.
  • Restricted – Licence required.
  • Prohibited – Cannot be imported.
7. Monitoring Import Obligations
  • Monitoring usage of imported goods.
  • Checking export obligations.
  • Issuing redemption certificates after compliance.
Logistics Services

1. Prepare Invoices

  • Exports – Sale & FOC Invoices – Parts & Machinery – SEA, AIR, COURIER (DHL / FEDEX).
  • Local – Parts & Machinery Sales Invoice & Scrap Invoices.
  • Manual Sample Invoice / FOC Invoice.

2. Export Parts Invoice

Prepare export invoices based on factory requirements and delivery terms such as EXW, FCA, FOB, DAT and DDP.

  • Arrange Air Freight Rates.
  • Obtain Managing Director Approval.
  • Coordinate Shipment Dispatch.
  • Follow up with Nominated Forwarders.
  • Arrange Container Booking Copy (CRO).
  • Coordinate Empty Container Pickup.

3. Export Machinery Invoice

  • Prepare Sale Contract.
  • Prepare Draft Invoice & Packing List for Approval.
  • Prepare Final Invoice & Packing List.
  • Container-wise Stuffing Report.
  • Packing List in Excel Format.
  • AAA Licence Annexures for Zero Duty Shipments.

4. Local Machinery Invoice

  • Coordinate with Transporters.
  • Arrange Trucks.
  • Prepare Invoice.
  • Delivery Challan.
  • E-Way Bill.
  • Commercial Invoice & Packing List (LC Basis).
  • LR Copy Preparation.
  • Manual E-Invoice for Deemed Export.

5. FOC Invoice

  • Prepare Draft Invoice.
  • Prepare Final Invoice.
  • Arrange Transport.
  • Arrange MOD-B Copy.
  • Arrange GR Waiver Certificate (Above ₹25,000).

6. Manual Invoice

  • Prepare Manual Invoice.
  • Arrange Shipment Dispatch.

7. DHL / FEDEX Export Dispatch

  • Prepare Airway Bill through Courier Portal.

8. Export Invoice Verification

  • Update HSN Code.
  • Verify Bank Details.
  • Verify Bill To & Ship To Details.

9. Shipment Communication

  • Mail Communication for all Shipments.

10. Export Checklist

  • Verify Export Checklist.
  • Obtain Shipping Bill Number.

11. Pre-Alert Documents

  • Verify BL Draft.
  • Verify AWB Draft.
  • Send Final Pre-Alert Documents to Customers.

12. Export Document Maintenance

  • Maintain Invoice.
  • Maintain AWB / BL.
  • Maintain Shipping Bills.

13. Export Documentation

Parts - SEA Shipment
  • Invoice & Packing List.
  • Tax Invoice.
  • Annexures (9 Pages).
  • SCOMET Letter.
  • Annexure-E.
  • Self Declaration.
  • Shipping Details.
  • Pack Seal Details.
  • E-Way Bill.
Parts - AIR Shipment
  • Invoice & Packing List.
  • Tax Invoice.
  • Annexures (4 Pages).
  • SCOMET Letter.
  • E-Way Bill.
DHL / FEDEX Shipment
  • Invoice & Packing List.
  • Tax Invoice.
  • Annexures (2 Pages).
  • SCOMET Letter.
  • SLI Letter.
  • Airway Bill.
  • E-Way Bill.
Machinery - SEA Shipment
  • Invoice & Packing List.
  • Tax Invoice.
  • Annexures (9 Pages).
  • SCOMET Letter.
  • Annexure-E.
  • Self Declaration.
  • Shipping Details.
  • Pack Seal Details.
  • Container Stuffing Report.
  • Delivery Challan.
  • E-Way Bill.
  • AAA Licence Annexures (Zero Duty Shipment).
FOC Shipment
  • Invoice & Packing List.
  • MOD-B Copy.
  • GR Waiver.
  • SCOMET Letter.
  • E-Way Bill.

14. Rejection Debit Notes

  • Prepare Rejection Debit Notes.

15. Export Data Maintenance

  • Maintain Export Data Sheet.

16. Export Benefits

  • Export IGST Refund Follow-up.
  • Duty Drawback Follow-up.

17. Certificate of Origin

  • Apply Certificate of Origin through DGFT Portal.

18. Fumigation Certificate

  • Coordinate with CHA & Agents.
  • Arrange Fumigation Certificate.

19. Import Process

  • Complete Import Process Handling.

20. Freight Cost Negotiation

  • Negotiate freight costs with Customs Brokers.

21. Freight Rate Approval

  • Obtain quotations from different Forwarders.
  • Negotiate the best freight rates.
  • Proceed after obtaining Managing Director (MD) approval.

22. Import Data Maintenance

  • Maintain Import Data Sheet.
  • VSIPL Import Records.
  • LOEPFE Import Records.

23. Import Shipment Follow-up

  • Monitor and follow up all Import Shipments.

24. Customs Clearance Coordination

  • Coordinate with Customs House Agent (CHA).
  • Ensure smooth Customs Clearance.

25. Import Checklist Verification

  • Verify Import Checklist.
  • Obtain Bill of Entry Number.
  • Air Shipments.
  • Sea Shipments.
  • DHL Shipments.
  • FedEx Shipments.

26. Pre-Alert Document Verification

  • Verify BL Draft.
  • Verify AWB Draft.

27. Import Consignment Status

  • Prepare Import Consignment Status Reports.

28. Used Machine Imports

  • Handle Used Machine Import Documentation.

29. SIMS Documentation

  • Prepare SIMS Documents.

30. Container Inspection

  • Maintain Container Inspection Reports.

31. Re-Export Bond

  • Follow up Re-Export Bond.

32. Technical Documentation

  • Prepare Technical Write-up.

33. Duty Drawback

  • Update Duty Drawback Details.

34. RODTEP Scrip

  • Generate RODTEP Scrip.

35. RODTEP Export Details

  • Update RODTEP Export Details.

36. RODTEP Import Details

  • Update RODTEP Import Details.

37. Export Bank Documents

  • Submit Month-wise Export Bank Documents.

38. E-BRC Updates

  • Update E-BRC Details.

39. MOD-B Planning

  • Update MOD-B Details to Planning Department.

40. HSN Code

  • Update HSN Codes.

41. Courier Bill Verification

  • Check Courier Bills of All Departments.

42. Machine Dispatch Planning

  • Maintain Month-wise Machine Dispatch Planning Details.

43. Forwarder & Courier Bills

  • Verify Forwarder Bills.
  • Verify Courier Bills.
  • Submit Bills to Accounts Department.

44. Bill of Entry Sharing

  • Share Bill of Entry with Freight Details.
  • Coordinate with Stores for Inward Process.

45. FOC Import Details

  • Provide FOC Import Details to Accounts Department.

46. AAA Licence

  • Maintain AAA Licence Details.
  • Update AAA Licence Records.

47. GR Waiver

  • Prepare GR Waiver.
  • Maintain Destruction Certificate.

48. IDPMS & EDPMS

  • Follow up Pending IDPMS Documents.
  • Follow up Pending EDPMS Documents.

49. Import Documents for Accounts

  • Provide Invoice (INV).
  • Provide AWB / BL.
  • Provide Bill of Entry (BOE).
  • Submit Documents to Accounts for Payment.

50. DHL Direct Debit

  • Provide DHL Direct Debit Documents to Accounts.
  • Coordinate Payment Processing.

51. Monthly Reports (5th of Every Month)

  • Factory Exports Report
  • Factory Local Sales Report
  • Factory Spares Sales Report
  • Rejection Debit Notes Report
  • Duty Drawback Report
  • Export Freight Report
  • Import Freight Report
  • RODTEP Export Report
  • RODTEP Import Report

52. Group Invoices

S.No Group Invoice Details
1 SEDO TREEPOINT – Every Month Last Date
2 BMS – Service Support Charges
3 Harness Charges
4 Weaving FOC Details
5 Commission Details
6 FOC Courier Claim from Belgium
7 Service Claim – BONAS NV, VANDEWIELE NV, SUPERBA, BONAS S.R.L.
8 Engineer Expenses Claim – BONAS NV, VANDEWIELE NV, SUPERBA, BONAS S.R.L.
9 LOEPFE
10 BROTHERS – FOC Imports Expenses Details
11 Other Group Claim Invoices (If Any)

53. Group Invoice Management

Maintain Group Invoice Data Sheet for all group companies and monthly transactions.

54. Customs Pending Works

  • SVB
  • EPR
  • NOC
  • AEO T2
  • Other Customs Pending Works

55. Customs Query Management

  • Maintain Customs Query Notices.
  • Prepare and Submit Replies.
  • Track Pending Actions.

56. Self-Sealing Permission

  • Prepare Self-Sealing Permission Documents.
  • Maintain Self-Sealing Records.

57. Container Pack Seal Management

  • Maintain Container Pack Seal Stock.
  • Monitor Pack Seal Usage.

58. EODC Closure

  • Prepare Documents for EODC Closure.
  • Coordinate with Concerned Authorities.

59. Insurance Certificates

  • Prepare Insurance Certificates for Import Shipments.
  • Prepare Insurance Certificates for Export Shipments.

60. Other Logistics Services

All Other Works Related to Import & Export Logistics
We provide complete support for all logistics activities including documentation, customs coordination, shipment tracking, compliance, freight management, import and export operations, and related services.
Legal Registration Services

Registration Works

  • Apartment Registration
  • House Site Registration
  • Agricultural Land Partition
  • Site Registration

Appeal Cases

  • Stay Petitions
  • Appeal Petitions
  • Compromise Petitions
  • Property Related Cases
  • Legal Opinion for Property Matters
  • Patta Related Works
  • All Registration Related Works & Cases

Legal Services

  • Property Registration
  • Partition Works
  • Legal Appeal Services
  • Professional Support for Financial Audit
  • Tax Audit Support
  • Compliance Documentation

Banking & Financial Documentation

  • Loan CMA Reports
  • Project Reports
  • Indian Letter of Credit (LC)
  • Foreign Letter of Credit (LC)
  • FIRC Certificate
  • BRC Certificate
  • Preparation of Financial Projections
  • CMA Data Preparation
  • Project Reports for Bank Loans
  • Financial Approval Documentation

GST Appeal Services

  • Stay Petitions
  • GST Appeal Petitions
  • GST Tribunal Cases
  • High Court Cases
  • GST Assessment
  • Annual Return Filing (GSTR-9)
  • Annual Reconciliation Statement (GSTR-9C)
  • GST Rectification Works

OUR CORE SERVICES

  • Income Tax Return Filing
  • TDS Returns & GST Returns
  • Accounting & Audit Services
  • Loan CMA Reports & Project Reports
  • ESI & EPF Compliance
  • Digital Signature Certificate (DSC)
  • Company & Firm Registration
  • PAN & TAN Services
  • Logistics Import & Export Services

WHY CHOOSE US

✔ Professional Expertise
✔ Accurate Compliance Services
✔ Fast Processing
✔ Affordable Fees
✔ Reliable Client Support