GST Filing Rules for New Traders: Deadlines for GSTR-1, GSTR-3B, QRMP Scheme, and Penalties for Non-Compliance:
Maintaining strict compliance with Goods and Services Tax (GST) filing timelines is essential for new traders, micro-enterprises, and established small businesses holding an active GSTIN to avert punitive daily late fees, compounding interest penalties, and sudden registration cancellation. Under standard GST framework protocols, regular taxpayers must routinely furnish GSTR-1 to declare detailed outward supplies alongside … Read more