Rules Explained
GST Rules & Compliance
GST rules for businesses — input tax credit, return filing, refunds, registration, and the notifications that change compliance requirements.
GST compliance requires understanding the rules, not just the Act. From which return to file by which date, to how much ITC you can actually claim — the rules fill in the detail the Act leaves out. Below are the compliance topics most businesses and professionals encounter.
Key topics
Input Tax Credit
How ITC works, what ITC can be claimed on, the reversed charge mechanism, and ITC accumulation rules.
GSTR-1 Filing
Outward supply return — who files, when to file, and how to report B2B and B2C invoices.
GSTR-3B Filing
Summary return with tax payment — due dates, late fees, and how to calculate tax liability from ITC.
GST Registration
Who must register, the process, GSTIN format, and consequences of operating without registration.
GST Refunds
When and how to claim GST refunds — export of goods, inverted duty structure, and common mistakes that cause rejections.
Recent Notifications
Key GST Council notifications and circulars — plain-English summaries of the latest changes.
Sources
Sources: CGST Rules 2017 · CBIC circulars · GST Council notifications · GSTN portal. Last reviewed by FinWiz24 Research Desk.