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GST Returns - For Small Business Units

Hi Friends

This blog is specially for those small businessmen who are registered in GST but still not hire any CA or Advocate or other GST Consultant to file their return on time.

 By this Following are the Results :
1. Lack of Knowledge which return to be filed & it's due date
2. File GSTR-1 & Left GSTR-3B or Vice-Versa
3. File GSTR-1 in due date of GSTR-3B or Vice- Versa
4. Late filing of GST Return
5. Short or Excess ITC Claim
6. Wrong Tax Rates applied in Sales
7. GST amount deposited in wrong Heads of Taxes
8. No GST ITC Reconciliation with GSTR-2A & GSTR-3B
9. Not Know about liable to file Annual Return
10. Penalized by creating Interest and Late fee liability
11. In-appropriate Recording of GST transactions
11. Etc.

Above Points Just show the few adverse effect which can create you trouble in doing easy business.

So all my business friends, Please do not take it as simpler and hire at least a person who have GST knowledge better than you to fulfill GST Compliance on time.
  

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