Complete GST Compliance Checklist
Goods and Services Tax (GST) compliance is essential for businesses with annual turnover exceeding ₹40 lakhs (₹20 lakhs for service providers). Here's your complete checklist.
Registration Requirements
- Apply for GST registration if turnover exceeds threshold
- Obtain GSTIN (GST Identification Number)
- Display GSTIN on all business documents
Monthly/Quarterly Filing
- GSTR-1 — Details of outward supplies (by 11th of next month)
- GSTR-3B — Summary return with tax payment (by 20th of next month)
- GSTR-2A/2B — Auto-populated purchase details for reconciliation
Annual Compliance
- GSTR-9 — Annual return (by December 31)
- GSTR-9C — Reconciliation statement for turnover above ₹5 crore
Common Mistakes to Avoid
- Late filing of returns (attracts penalty of ₹50/day)
- Not reconciling ITC with GSTR-2B
- Incorrect HSN/SAC codes
- Not reversing ITC on non-payment within 180 days
Need help with GST compliance? Ritik Jindal & Associates provides end-to-end GST services across India.