š GST Compliance Checklist for the New Financial Year ā A new financial year means a fresh start for your GST compliance! šā Stay ahead of deadlines, avoid penalties, and ensure smooth tax filings with this essential checklist. šš¼ š¹ Review GST Registration ā Update any changes in business details. š¹ Reconcile Input Tax Credit (ITC) ā Match invoices with GSTR-2B. š¹ File Pending Returns ā Clear any backlogs to avoid late fees. š¹ Annual Turnover Check ā Verify eligibility for different GST schemes. š¹ E-Invoicing & E-Way Bill Compliance ā Ensure adherence to latest rules. š¹ GST Payment & Liability Review ā Pay dues on time to avoid interest. š¹ Maintain Proper Records ā Keep invoices & documents for audits. Stay compliant & stress-free this financial year! šš° #GST #TaxCompliance #NewFinancialYear
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