Knowledge • GST
GST penalties & interest: How to avoid them
Late fee, interest and penalty under GST explained in simple language.
- Maintain a due-date calendar for 1/3B/returns
- Reconcile 2B vs books monthly to avoid ITC disputes
- Validate HSN/SAC and place-of-supply for correct tax
- Keep evidence folder ready for audit/notice response
This guide is written for business owners and finance teams. We focus on practical steps instead of legal jargon.
- Understand the root cause
- Match data with books and portal
- Prepare evidence folder
- Respond within timeline
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