Action points for FY 2023-24 before closing books and filing GST returns for October 2024

The government is increasingly working towards streamlining GST compliance. As per the recent statistical report, most cases at various legal forums are related to data discrepancies with very few related to the interpretation of law. Thus, it becomes crucial for businesses to work towards strengthening their Indirect Tax compliances.

In this process, October 2024 becomes important for GST taxpayers, for it is the last month to make corrections in respect of any inadvertent errors or genuine mistakes committed while filing the GST returns for FY 2023-24.

Hence, taxpayers must consider certain crucial action points before closing their books of accounts and filing GST returns for October 2024.

Read the action points in detail in my article on Taxguru - GST action points for FY 2023-24 before filing GST returns for October 2024

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