GST compliance is often the first friction point a growing business encounters. Missing a return deadline, filing under the wrong category, or misclassifying a supply can trigger notices, penalties, and blocked input tax credits.
Who Needs to Register?
Any business with aggregate turnover exceeding ₹40 lakh (₹20 lakh for services, ₹10 lakh in special category states) must register for GST. If you sell across state lines or through e-commerce platforms, registration is mandatory regardless of turnover.
Key Return Filing Deadlines
| Return | Who Files | Frequency |
|---|---|---|
| GSTR-1 | Outward supplies | Monthly / Quarterly |
| GSTR-3B | Summary return + tax payment | Monthly |
| GSTR-9 | Annual return | Annually |
Missing GSTR-3B triggers a late fee of ₹50 per day (₹20 for nil returns), plus 18% interest on unpaid tax.
The Input Tax Credit Trap
Many businesses lose significant ITC because their suppliers file late or not at all. GSTR-2B reconciliation — matching your purchases against supplier filings — is now essential monthly hygiene, not optional.
What D J A S & Co. Can Do
Our GST team handles end-to-end compliance — from registration and return filing to notice responses and departmental audits. We also run monthly ITC reconciliations to ensure you’re claiming everything you’re entitled to.
If your current GST process is reactive, it’s time to make it systematic. Get in touch for a free compliance review.