GSTR-9C is a self-certified annual GST reconciliation statement for taxpayers with turnover exceeding â‚ą5 crore, filed with GSTR-9 to align audited financial statements with GST returns. This detailed guide explains its structure, filing steps, due dates, and key compliance tips to help you avoid penalties and ensure smooth GST audit readiness.
Understanding ITC reversal under GST is essential to maintain compliance and avoid penalties. This comprehensive guide explains Rule 37, 37A, 42, and 43 with practical examples, step-by-step calculations, GSTR-3B filing guidance, and compliance tips. Learn how to automate reversals, reclaim eligible ITC, and ensure timely reporting aligned with GST laws to keep your business audit-ready and compliant.
To claim Input Tax Credit (ITC), businesses must maintain and provide specific documents: Documents Required for ITC Claim Additional Documents (if applicable) Conditions for ITC
This detailed guide for 2025 explains GST applicability on financial services in India, covering taxable and exempt services, the 18% GST rate, 50% ITC rules, compliance practices, and critical insights to maintain accuracy in accounting and GST reporting.
Understand the GST framework for education services in India with this comprehensive 2025 guide covering exempt core services, taxable educational activities, ancillary goods and services, GST registration requirements, and key compliance practices for educational institutions.
