Goods and Services Tax (GST) has revolutionized the way businesses operate in India, simplifying the indirect tax regime while presenting new challenges for many. As a unified tax system that replaced multiple indirect taxes, GST aims to create a seamless flow of goods and services across the country. However, despite its advantages, businesses oft

The Goods and Services Tax (GST) Annual Return is a crucial compliance requirement for businesses registered under GST. It serves as a means for taxpayers to summarize their entire year’s transactions, offering a detailed snapshot of a business's activities for tax purposes. Filing the GST Annual Return ensures that businesses remain compliant wi