END TO END GST COMPLIANCE
End-to-end GST (Goods and Services Tax) compliance involves a comprehensive approach to meeting all the statutory requirements and obligations outlined under the GST regime in India.
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GST Registration:
- Applicability: Determine if your business is required to register under GST based on the prescribed threshold limit for turnover.
- Registration Process: Complete the GST registration process on the GSTN (Goods and Services Tax Network) portal.
2. Understanding GST Returns:
- Types of Returns: Familiarize yourself with different GST return forms such as GSTR-1, GSTR-3B, GSTR-4, GSTR-9, etc.
- Frequency: Understand the frequency and due dates for filing each type of return (monthly, quarterly, and annually).
3. Invoice Compliance:
- Invoice Formats: Ensure that your invoices comply with the prescribed GST invoice formats.
- Details on Invoice: Include all the necessary details required under GST law, such as GSTIN, HSN code, and tax rates.