Goods and Service TaxVideo·2 April 2025

Critical Pointers to Note from a Year end closure Perspective

By JustIDT

While we have stepped into one more glorious FY, it is quite critical for India Inc., to do a quick sweep and sanitise check to ensure that the company is in its pink of health from a GST perspective as well. While some of the pointers given below can be carried forward to be done before November 30th 2025, for critical issued, the interest clock may keep ticking and best avoidable. At the same time, availment of ITC is equally important as ITC is practically cash be it to be set off against the liability discharge or to be recouped as a refund claim