New Financial Year. Same GST mistakes? Or smarter strategy?

GST Year New year Action Plan_RMRA.pdf

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I’ve put together a practical GST Action Plan covering key decisions every business must evaluate at the start of the year 👇

📌 Turnover-based applicability (Composition, E-invoicing, QRMP)

 📌 Letter of Undertaking (LUT) for exports

 📌 Critical year-end & opening reconciliations

 📌 ITC reversals under Rule 37 / 42 / 43

 📌 Mandatory ISD mechanism

 📌 Industry-specific declarations (like hotels)

 📌 GST readiness checklist

If you get these decisions right at the start…

 👉 Compliance becomes smoother

 👉 Risks for Notices might reduce significantly