Importance of Timely GST Return Filing and Its Impact on ITC, Get Practical GST Course in Delhi, 110035, by SLA Consultants India, New Delhi,

Description

Timely GST return filing is crucial for businesses to maintain compliance, avoid penalties, and claim Input Tax Credit (ITC) without disruptions. Filing returns like GSTR-1 and GSTR-3B on time ensures smooth operations and financial efficiency.

Importance of Timely GST Return Filing and Its Impact on ITC, Get Practical GST Course in Delhi, 110035, by SLA Consultants India, New Delhi,

Why Timely GST Return Filing Matters?

Avoids Late Fees & Penalties

Delayed filing leads to penalties of ₹50 per day (₹20 for NIL returns).
Continuous non-compliance may result in GST registration suspension.

Ensures Smooth Input Tax Credit (ITC) Claim

ITC is available only if suppliers file GSTR-1 and tax is reflected in GSTR-2B.
Late filing can cause ITC mismatches, leading to ITC denial or reversals.

Prevents Interest on Tax Liability

If GSTR-3B is delayed, tax liability accrues interest at 18% per annum.

Maintains Business Credibility

Compliance rating improves vendor trust and business relationships.
Delayed returns can restrict e-way bill generation for goods transport.
Impact of Late Filing on ITC

ITC gets blocked if suppliers fail to file GSTR-1.
Mismatches in GSTR-2B and GSTR-3B may cause ITC disallowance.
Delayed ITC claims affect cash flow, increasing working capital needs.

Importance of Timely GST Return Filing and Its Impact on ITC, Get Practical GST Course in Delhi, 110035, by SLA Consultants India, New Delhi,

Get Practical GST Training in Delhi (110035) – SLA Consultants India

Master timely GST return filing and ITC reconciliation with SLA Consultants India, New Delhi (110035). The course covers:
GSTR-1, GSTR-3B filing & ITC management.
GST portal training & compliance strategies.

Enroll today and ensure GST compliance for business growth!

SLA Consultant Importance of Timely GST Return Filing and Its Impact on ITC, Get Practical GST Course in Delhi, 110035, by SLA Consultants India, New Delhi, details with New Year Offer 2025 are available at the link below:

GST Certification Course with 100% Job in Delhi

GST Practitioner Course in Laxmi Nagar, Delhi ▷ Updated 2025

E-Accounts, E-Taxation and (Goods and Services Tax) GST Training Courses
Module 1 – GST- Goods and Services Tax- By Chartered Accountant- (Indirect Tax)
Module 2 – Income Tax/TDS – By Chartered Accountant (Direct Tax)
Module 3 – Finalization of Balance sheet/ preparation of Financial Statement- By Chartered Accountant
Module 4 – Banking and Finance Instruments – By Chartered Accountant
Module 5 – Customs / Import and Export Procedures – By Chartered Accountant

Contact Us:
SLA Consultants India
82-83, 3rd Floor, Vijay Block,
Above Titan Eye Shop,
Metro Pillar No. 52,
Laxmi Nagar,New Delhi,110092
Call +91- 8700575874
E-Mail: [email protected]
Website : https://www.slaconsultantsindia.com/