Getting GST registration is only the first step. To keep your GSTIN active, you must follow certain compliance rules:
1. Monthly or quarterly GST returns
Depending on your turnover or chosen scheme, you must file:
- GSTR-1 (sales return)
- GSTR-3B (summary return)
2. Annual returns
Large businesses must file GSTR-9 annually.
3. Proper invoice format
Each invoice must include your GSTIN, customer details, HSN/SAC codes, and tax breakup.
4. Maintaining records
Maintain purchase and sales records for at least 6 years.
5. Avoiding mismatches
Ensure vendor invoices match your purchase records to avoid blocking of ITC.
6. Timely tax payments
Delayed GST payments lead to interest and penalties.
Many business owners outsource GST filing to save time and avoid errors.