GST Compliance Guide for Small Businesses

Understanding GST can be overwhelming for small business owners. This guide simplifies everything you need to know.

When Do You Need GST Registration?

Registration is mandatory if:

Types of GST Returns

GSTR-1 (Outward Supplies)

GSTR-3B (Summary Return)

GSTR-9 (Annual Return)

Input Tax Credit (ITC)

Claim ITC on:

You cannot claim ITC on:

Common GST Mistakes to Avoid

1. **Late Filing:** Attracts late fees of ₹50/day (₹20/day for nil returns)

2. **Wrong HSN Codes:** Can lead to notices and penalties

3. **Not Reconciling GSTR-2A:** Always match with purchase invoices

4. **Ignoring Reverse Charge Mechanism:** Know when you need to pay GST instead of supplier

Benefits of Timely GST Compliance

GST for Service Providers

If you're a freelancer, consultant, or service provider:

Need Help with GST?

From registration to monthly filing, I handle all GST compliance for businesses. Focus on growing your business while I manage your taxes.

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