Food manufacturing
Quarterly compliance retainer for a Gujarat private limited company
Summary
A Gujarat food manufacturer moved all quarterly compliance (GST, TDS, payroll, ROC) onto FinTax24 retainer, cutting cost 38% with zero missed deadlines.
How Palitana Foods moved its compliance workload onto a FinTax24 retainer
Palitana Foods is a Gujarat-based private limited company manufacturing groundnut oil and packaged spices for the Bhavnagar and Ahmedabad wholesale markets. The company was incorporated in 2021 with 14 staff and an annual turnover of ₹3.2 crore.
Between 2021 and 2024 the company had used a different chartered accountant each financial year. The discontinuity produced several recurring problems: two late-filing TDS penalties totalling ₹27,800, three rejected annual returns, and at least one missed GST payment per quarter on average.
In May 2025 the founder approached FinTax24 for a quarterly compliance retainer. The engagement scope covered monthly GSTR-1 and GSTR-3B, quarterly TDS returns, monthly payroll for the 14 staff, the ROC annual return, and a fixed pack of board resolutions and minutes.
The FinTax24 templated intake caught 14 missing supplier invoices in the first week, before any filing was due. The single CA point-of-contact ran all 12 months of the engagement. By Q2 FY2026 the company had not missed a single deadline and the annual compliance cost had dropped from ₹1,84,000 to ₹1,14,000 — a 38% reduction.
“We had used a different CA each year and the discontinuity cost us penalties every quarter. FinTax24 took over the full workload, gave us one point of contact, and we have not missed a single deadline since.”
Frequently asked
Questions about this engagement.
What does the FinTax24 quarterly retainer include?+
Monthly GSTR-1 and GSTR-3B, quarterly TDS returns, monthly payroll, the ROC annual return, and a fixed pack of board resolutions and minutes. A single CA point-of-contact runs all the work.
What happens if the CA is unavailable?+
A backup CA is assigned at engagement kickoff. Client work continues on the agreed schedule; the backup is briefed on the prior quarter before any handover.
How do you price a 12-month engagement vs a one-off CA?+
Annual retainer: ₹1,14,000. Equivalent one-off CA workload: ₹1,84,000. The retainer saves 38% on annual compliance cost.
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