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The Goods and Services Tax (GST) transformed the Indian indirect tax landscape. While it simplified the 'One Nation, One Tax' vision, the compliance framework requires precision.
Thresholds and Registration
Knowing when you are legally required to register for GST is crucial. Whether you are providing services or goods, the turnover limits vary. Additionally, voluntary registration can sometimes be beneficial for claiming Input Tax Credits.
Regular Filings
GSTR-1, GSTR-3B, and Annual Returns—each has its own purpose and deadline. Missing these can result in the blocking of your E-way bill portal and other business disruptions.
