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What Is the Latest GST Compliance Process for Businesses in India? - In 2025, India’s Goods and Services Tax (GST) framework continues to evolve toward a fully digital, transparent, and data-driven compliance system. For every registered business, staying compliant with the latest GST norms is crucial to avoid penalties and ensure smooth business operations. 1. Mandatory GST Registration Any business with an annual turnover exceeding ₹40 lakh (₹20 lakh for services) must register under GST. Registration is now fully online through the GSTN portal, with real-time PAN and Aadhaar verification for enhanced authenticity. 2. Monthly and Annual GST Returns The new GST 2.0 filing structure simplifies compliance — businesses must file GSTR-1 for outward supplies and GSTR-3B for monthly summaries. The GSTR-9 annual return remains mandatory for all entities above the threshold limit. Auto-populated data from e-invoices has improved accuracy and reduced mismatches. 3. E-Invoicing and Input Tax Credit (ITC) As of 2025, e-invoicing is compulsory for businesses with turnover above ₹5 crore. The system directly integrates with GSTN, ensuring seamless tax credit claims and curbing fraudulent invoicing. ITC can now be claimed only on invoices uploaded by vendors, making vendor compliance equally critical. 4. Real-Time GST Reconciliation Businesses must reconcile GSTR-2B data monthly to ensure accurate ITC claims. The government’s new AI-powered analytics tool tracks mismatches, making proactive compliance management more essential than ever. 5. GST Audit and Record Keeping Maintain invoices, e-way bills, and digital records for at least six years. Annual audits by a qualified CA or CMA are mandatory for entities crossing the specified turnover limit. At Corpzo, we simplify the entire GST compliance lifecycle — from registration, e-invoicing, return filing, and reconciliation to audit and representation. Our experts ensure your business remains fully compliant with India’s dynamic tax regulations. 📞 Book a Consultation Now: +91 99991 39391 🌐 Visit: www.corpzo.com Corpzo — Your Trusted Partner for GST Registration, Filing & Compliance Management in India.

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