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