hi, this is gourav I have been practicing for an year now in bangalore, I dont know what mistake im making while valuating my work and billing the client, for book keeping and gst monthly filing. so considering the minimum around 400-500 entries (100 sale invoices x 4-5 times considering bank entries receipt entries, reconciliation) and Filing GSTR1 & GSTR3B on monthly basis quoting the least as 5000 pm + GST, is this expensive ?? or few of my competition who is doing the same at 2500-3000 pm without GST is fair??? while institute guidelines suggest a way different fees to be charged. this confusing or there is no uniformity in the market.
3 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 11 May 2022
You must quote minimum 10k to 15k.
Just refer minimum fees prescribed for members
Just refer minimum fees prescribed for members
Gourav Jangid Y
(Articled Assitant)
(27 Points)
Replied 12 May 2022
Hello eswar ji, if I charge as per minimums fees prescribed for members, I'm loosing client coz my competitive colleagues charge 2000-3000 for the above mentioned services.
Is there any action taken by the institute if we charge less than minimum fees prescribed!??
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 12 May 2022
Professionals should maintain the same rate to avoid this kind of conflicts..
Institute rates are optional and not mandatory
Institute rates are optional and not mandatory
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