Complete GST Compliance Checklist
Use this checklist to ensure your business stays GST compliant throughout the year.
Monthly Compliance
☐ 1. Issue Tax Invoices
- GST-compliant invoices for B2B sales
- Include GSTIN, HSN codes, tax breakup
☐ 2. E-Invoicing (If Applicable)
- Mandatory for turnover above ₹5 Cr
- Generate IRN before issuing invoice
☐ 3. E-Way Bill
- Generate for goods movement above ₹50,000
- Validity based on distance
☐ 4. GSTR-1 Filing
- Due by 11th of next month
- Report all outward supplies
☐ 5. GSTR-3B Filing
- Due by 20th-24th of next month
- Pay tax and claim ITC
☐ 6. ITC Reconciliation
- Match GSTR-2B with purchase records
- Follow up with vendors for missing invoices
Quarterly (If Applicable)
☐ 7. QRMP Scheme Compliance
- For turnover below ₹5 Cr
- File GSTR-1 quarterly, pay monthly
☐ 8. Review ITC Reversal
- Proportional reversal for exempt supplies
- Rule 42 and 43 compliance
Annual Compliance
☐ 9. GSTR-9 Annual Return
- Due by 31st December
- For turnover above ₹2 Cr
☐ 10. GSTR-9C Reconciliation
- Self-certified from FY 2020-21
- Turnover and tax reconciliation
☐ 11. Review Unmatched Credits
- Finalize pending ITC issues
- Close credit ledger mismatches
Ongoing Compliance
☐ 12. HSN Classification Review
- Correct HSN codes for all items
- Update for new products
☐ 13. Reverse Charge Monitoring
- Track RCM transactions
- Pay tax on notified supplies
☐ 14. Export Documentation
- LUT filing for zero-rated supplies
- Shipping bill reconciliation
☐ 15. Amendment Tracking
- File GSTR-1 amendments
- Correct previous return errors
HCS GST Services
HCS Business Solutions ensures 100% GST compliance:
- Monthly GSTR-1 and GSTR-3B filing
- ITC reconciliation
- Annual return preparation
- E-invoicing setup