# gstcompliance
12 posts in `gstcompliance` tag

Important Update: IRN Generation to Become Case-Insensitive from June 1, 2025
The GSTN requires that starting June 1, 2025, IRN generation for invoices be case-insensitive, which will involve converting all invoice numbers to uppercase to avoid duplication. Companies need to adjust their systems accordingly to ensure easier compliance with this new requirement.
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Everything You Need to Know About GSTR-1 & IFF for High-Value B2C Sales
This detailed guide covers the reporting obligations for GSTR-1 and IFF regarding B2C interstate transactions that surpass 1,00,000. Discover the essentials of compliance, necessary documentation, and optimal practices for precise GST filing.
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GST Amnesty Program as per Section 128A: Seize this Chance! Submit Your Application by 31st March 2025.
This document outlines the GST Amnesty Scheme as per Section 128A, which provides waivers for penalties related to late GST submissions. Understand the criteria for eligibility, the advantages, and the detailed steps for applying prior to the deadline of March 31, 2025.
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Mandatory ISD Registration Under GST from April 1, 2025: Who is Affected?
This blog offers a detailed examination of the compulsory ISD registration under GST, which begins on April 1, 2025. It discusses the importance, the registration procedure, and the effects on businesses. Keep yourself updated and compliant with this thorough guide.
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GST Rules for Casual and Non-Resident Taxpayers: A Detailed Comparison
This blog offers an in-depth comparison between Casual Taxable Persons (CTP) and Non-Resident Taxable Persons (NRTP) within the framework of GST. It discusses their definitions, registration procedures, compliance obligations, Input Tax Credit (ITC), and operational characteristics for both groups. Stay updated and adhere to regulations with this all-encompassing guide.
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Avoid These 10 Costly Errors When Filing Your GST Returns
Businesses must appropriately file GST returns in order to avoid fines and compliance problems. The top ten typical errors committed while completing a GST return are highlighted in this blog, including late filings, mismatched ITC claims, and inaccurate invoice data. Find out how to avoid these mistakes and guarantee smooth GST compliance.
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Scheme for Waiving Late Fees on GSTR-9 and GSTR-9C: File by March 31, 2025
For GSTR-9 and GSTR-9C filings, the GST administration has implemented a late fee relief program. To avoid penalties, submit your unfiled taxes by March 31, 2025. The waiver terms, the revised late charge schedule, and how to file your returns are all explained in this blog.
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GST Compliance Checklist: 9 Key Tasks to Finish Before March 31, 2025
This blog lists the nine essential GST compliances that companies need to finish by March 31, 2025, in order to stay out of trouble and maintain seamless operations. Learn how to stay in compliance and keep correct financial records, from LUT reporting and GSTR-9 filing to e-invoicing and ITC reversal.
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GST Credit Note Issuance: Compliance Updates in Finance Bill 2025
The Finance Bill 2025 changes Section 34(2) of the CGST Act, extending the deadline for issuing credit notes to March 31 of the next fiscal year. This blog discusses the changes, how they affect businesses, and how to comply.
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Rule 86B Explained: How ITC Utilization is Limited Under GST
The CGST Rules 2017's Rule 86B, which restricts the use of Input Tax Credit (ITC) to settle GST liabilities, is thoroughly explained in this article. Along with useful examples and advantages, it discusses the rule's objectives, applicability, exemptions, and effects on businesses.
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GST Regulations Update: All You Need to Know (Feb 18-24, 2025)
This blog covers the latest GST announcements, notifications, and changes from February 18 to February 24, 2025. Key updates include the Composition Scheme for FY 2025–2026, mandatory E-Way Bills for scrap suppliers, and important compliance deadlines.
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GST Amnesty Scheme 2024: A Comprehensive Guide to Settling Outstanding Tax Dues
The GST Amnesty Scheme 2024, introduced under Section 128A of the CGST Act, offers taxpayers a chance to settle outstanding tax dues from FY 2017-18 to 2019-20 without incurring penalties or interest. This blog provides a detailed overview of the scheme, its benefits, eligibility criteria, and key considerations for businesses.