GST Registration and Other related Services: Know Minimum Fee Recommended by ICAI to CAs

GST - Registration - Other related Services - Minimum Fee Recommended - ICAI - CAs - taxscan

The Institute of Chartered Accountants of India (ICAI) has proposed a range of charges for Goods and Services (GST) related services, ranging from Rs. 5000 to Rs. 40,000 as minimum amount and which can go up to any level as per the complexity of work. The mentioned fees are recommended and not compulsory which are proposed for the welfare of the Chartered Accountants.

Also read: CA Fee High or Low: Know Minimum Fee fixed by ICAI on Income Tax Returns Filing

As part of the dedication to enhancing the capabilities of its practitioners, the Committee for Members in Practice (CMP) within the ICAI has undertaken the task of revising the Minimum Recommended Scale of Fees for professional assignments carried out by ICAI members. This recommendation pertains to the fees that should be charged based on the services provided for a range of professional assignments. The suggested fees have been categorized separately for cities falling under Class A, Class B, and Class C classifications.

 Class ‘A’ Cities (₹)Class ‘B’ Cities (₹)Class ‘C’ Cities (₹)
Registration20,000/- & Above15,000/- & Above10,000/- & Above
Registration with ConsultationSee NoteSee NoteSee Note
Tax Advisory & Consultation i.e. about value, taxability, classification, etc.See NoteSee NoteSee Note
Challan/Returns15,000/- & Above + (4,000/- Per Month)10,000/- & Above + (3,000/- Per Month)8,000/- & Above + (2,000/- Per Month)
Adjudication/Show Cause notice reply30,000/- & Above20,000/- & Above15,000/- & Above
Filing of Appeal / Appeals Drafting  30,000/- & Above20,000/- & Above15,000/- & Above
Furnish details of inward / outward supplySee NoteSee NoteSee Note
Misc services i.e. refund, cancellation/revocation registration, maintain electronic cash ledger etc.See NoteSee NoteSee Note
Audit of accounts and reconciliation Statement40,000/- & Above20,000/- & Above12,000/- & Above
Any Certification Work10,000/- & Above7,000/- & Above5,000/- & Above

Also read: Audit and Certification Works: Know Minimum Fee Recommended by ICAI which Starts from Rs. 2000 to Rs. 80,000

Note: Fees to be charged depending on the complexity and the time spent on the particular assignment.

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