Vyapar Invoice Generator
Vyapar Invoice Generator Generate professional invoices quickly and easily with Vyapar’s invoice generator. Our user-friendly…
====== GST compliance ======
GST compliance: a complete guide
What is GST compliance?
GST compliance means following all the rules and regulations of the Goods and Services Tax (GST) regime. This includes:
- Registering for GST
- Filing GST returns
- Paying GST
- Maintaining GST records
Why is GST compliance important?
GST compliance is important because it helps to ensure that businesses are paying their fair share of taxes. It also helps to prevent businesses from gaining an unfair advantage over those who are compliant.
What are the consequences of non-compliance?
Businesses that are not compliant with GST may face a number of consequences, including:
- Fines
- Penalties
- Imprisonment
How can businesses ensure GST compliance?
Businesses can ensure GST compliance by following these steps:
- Register for GST
- File GST returns
- Pay GST
- Maintain GST records
Additional resources
The following resources can help businesses to ensure GST compliance:
- GST portal: https://www.gst.gov.in/
- GST helpline: 1800-107-0004
- GST Suvidha Provider (GSP): https://www.gst.gov.in/gstsuvidhaprovider/
Secondary keywords:
- GST registration
- GST returns
- GST payment
- GST records
- GST compliance software