GST & MSME Compliance: A short overview of the Common Mistakes. 1. Payment to Vendors Within 180 Days: If payment to your vendor isn’t made within 180 days of the invoice date, you must reverse the ITC utilised in the GSTR-3B of the due date immediately following. • Important distinction: • ITC availed: Credit…
The post GST & MSME Compliance: A short overview of the Common Mistakes appeared first on The Tax Talk.