Tag: GST record keeping tips
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Top 10 GST Compliance Mistakes for Small Businesses: A Complete Guide to Avoid Penalties and Improve Tax Accuracy
Goods and Services Tax has become one of the most important taxation systems for small enterprises in India. In the first 100 words, let us highlight the significance of the top 10 GST compliance mistakes for small businesses. Many small firms struggle with monthly returns, invoice matching, documentation accuracy, and tax liability calculations. Even after…
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Recent Changes in GST Compliance 2025: Relief for Small Businesses on GSTR-9 and GSTR-9C Filing
The Goods and Services Tax (GST) compliance framework in India continues to evolve, providing significant relief to small and medium businesses. Recently, the GST Department announced key changes affecting annual GST returns (GSTR-9) and reconciliation statements (GSTR-9C). These changes are aimed at reducing the compliance burden for small taxpayers, making the system more business-friendly while…