- New Invoice series to be maintained from 1st April 2024. Necessary changes to be made in the accounting/ billing system so that the new invoice series happens to generate w.e.f 01.04.2024 onwards.
- Filing of LUT – Letter of Undertaking for FY 2024-25. The taxpayers are advised to file LUT for undertaking exports without payment of taxes for FY 2024-25.
- Enrolment for Composition Scheme for FY 2024-25: The taxpayers who intends to enrol for composition scheme for FY 2024-25 are advised to enroll themselves on or before 31.03.2024 by logging on to GST portal by filing FORM CMP-02.
- Register for E-Invoicing: the taxpayers whose aggregate turnover exceeds Rs. 5 crores in FY 2023-24 are required to generate e-invoices from 01.04.2024 onwards accordingly such taxpayers are required to register themselves for e-invoicing.
- Filing of refund claim for FY 2021-22 – the last date for filing of refund application for the refund claims pertaining to FY 2021-22 is 31.03.2024.
- Annual reconciliations for FY 2023-24:
- GSTR-1 with GSTR-3B
- GSTR-1 with E-way bill turnover
- GSTR-1 with e-invoice, if applicable
- ITC of books with GSTR-3B
- ITC of books with GSTR-2B/2A
- GSTR-3B with GSTR-2B
- Re-computation of reversal of input tax credit under rule 42 and rule 43
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