Wednesday, April 10, 2024

GST Compliance Checklist for April 2024

ComplianceDue DateDescription of WorkActual Date of Work Done
GSTR-710th AprFile for Tax Deducted at Source (TDS) by deductors for March 2024.
GSTR-810th AprE-Commerce Operators must file for Tax Collected at Source (TCS) for March 2024.
GSTR-1 (Monthly)11th AprMonthly filing of outward supplies for March 2024 by regular taxpayers.
GSTR-1 (Quarterly)13th AprQuarterly filing of outward supplies for Jan-Mar 2024 by taxpayers under the QRMP scheme.
GSTR-513th AprNon-Resident Taxpayers file their return for March 2024.
GSTR-613th AprInput Service Distributors file their return for March 2024.
CMP-0818th AprComposite Taxpayers file their quarterly return/payment statement for Jan-Mar 2024.
GSTR-3B (Monthly)20th AprMonthly filing for March 2024 by taxpayers with > 5 Cr turnover or those voluntarily under this threshold.
GSTR-5A20th AprOIDAR Service Providers file their return for March 2024.
GSTR-3B (QRMP Category I)22nd AprQRMP taxpayers in Category I states file for Jan-Mar 2024.
GSTR-3B (QRMP Category II)24th AprQRMP taxpayers in Category II states file for Jan-Mar 2024.
ITC-0425th AprDetails of goods/capital goods sent to a job worker and received back for Oct-Mar 2024 to be filed by taxpayers with > 5 Cr turnover. Annual filing for those up to 5 Cr.
GSTR-1128th AprPersons with UIN file for inward supplies for March 2024.
GSTR-430th AprAnnual return for FY 2023-24 by Composite Taxpayers.
QRMP Opt-in/Opt-out30th AprLast date to opt-in or opt-out of the QRMP scheme for Apr-Jun 2024 quarter.

Instructions for Use:

  • Preparation Phase: Well before each due date, compile all necessary documentation and verify the accuracy of the information to ensure smooth and accurate filings.
  • Execution Phase: Complete filings on or before the due dates. To minimize last-minute stress, aim to complete tasks ahead of the deadline when possible.
  • Documentation Phase: After submitting each filing, record the "Actual Date of Work Done" in the provided column. This practice not only helps in tracking progress but also serves as evidence of compliance.
  • Review Phase: Regularly review the completed checklist to ensure no deadlines are missed and to prepare for upcoming tasks.

This structured and detailed approach is designed to assist in maintaining compliance with GST regulations efficiently, helping to avoid penalties and ensure that all tasks are completed in a timely manner.