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GST Statutory Compliances means rules and procedure to be followed to comply with GST Law
Following Steps are Normally Involved
  1. Person applies for GST Registration and obtain GSTIN No
  2. While making purchases, person gets his GSTIN No mentioned (so that he can claim Input Tax Credit)
  3. He issue Sales Invoices (Tax Invoices or Bill of Supply)
  4. He deposits Tax by filling challan
  5. He files Returns (GSTR3B,GSTR1 etc.)
In this Chapter, we will study about first step which is applying for GST Registration
 

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Transcript

GST COMPLIANCE PROCEDURE Take GST No Make Purchases Mentioning GST no Issue Sales Invoices File Challan File Returns This is called GST Registration or GST Migration

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.