Steps and Action point - post implementation of GST
- Convert the Provisional Registration into Final Registration by filing form REG-26
- Ensure to file your vat return for the period ending on 30th June 2017
- Arrange to file form Tran-01 for claiming input held in stock
- Prepare the tax invoice containing GSTN number, HSN code of goods or accounting code of services
- Inform about change of business place or address to the Authority of GST
- Arrange to collect form C and H on which you have ITC to be claimed
- Prepare the list of goods with the rate of GST applicable
- Make suitable amendments in present contact
- Arrange to prepare the list of supply of your Business
- Arrange to keep record at least for five years
- Verify GSTN no of Customer and Vendor as incorrect GSTN – Loss of tax
- Print revised MRP on the products
Disclaimer: This is an effort by Lexcomply.com to contribute towards improving compliance management regime. User is advised not to construe this service as legal opinion and is advisable to take a view of subject experts.
