GST compliance is an ongoing responsibility for businesses registered under the GST regime. A structured checklist helps ensure that no critical requirement is overlooked.
Key compliance steps include timely filing of GST returns, accurate reporting of outward and inward supplies, regular reconciliation of input tax credit, and adherence to invoicing norms. Businesses must also ensure proper maintenance of records and respond promptly to departmental notices.
Periodic internal reviews and professional guidance can significantly reduce compliance risks. Following a clear GST compliance checklist not only helps avoid penalties but also strengthens the overall financial discipline of the business.