• Sanjay Raval
• Guide

Filing GST returns accurately is vital to maintaining compliance and avoiding penalties. However, many businesses, especially SMEs, make common errors that could cost them money or even trigger audits. Let’s explore these mistakes and how to prevent them.

1. Missing the Due Date

Late filing attracts interest and penalties. Always set reminders for monthly or quarterly returns.

2. Incorrect Input Tax Credit (ITC) Claims

Claim ITC only on eligible invoices. Cross-check your supplier filings to ensure ITC validity.

3. Not Reconciling GSTR-2A/2B with Purchase Records

Mismatched data leads to ITC rejection. Regular reconciliation avoids discrepancies.

4. Wrong Classification of Goods/Services

Incorrect HSN or SAC codes can result in notices. Consult experts to determine correct codes.

5. Ignoring Reverse Charge Mechanism (RCM)

Many forget to pay GST under RCM when required, especially for unregistered vendor services.

6. Incomplete Invoices

Missing details like GSTIN or invoice number can invalidate your invoice for ITC claims.

7. Using Wrong Tax Rates

Applying incorrect GST rates affects both compliance and profitability.

8. Not Filing NIL Returns

Even if there’s no business activity, NIL returns must be filed to avoid penalties.

9. Failing to Maintain Proper Records

The law mandates keeping invoices and ledgers for at least six years.

10. Not Consulting Professionals

DIY GST filing may save money short-term but often leads to costly errors later.

How GST Sanjay Can Help

Our Ahmedabad-based GST consultants provide accurate filing services, reconciliation, and compliance checks—helping your business avoid penalties and stay audit-ready.

Conclusion

Small mistakes can lead to big consequences in GST compliance. Partnering with professionals ensures peace of mind and financial accuracy.

Key Takeaway

Timely, error-free GST filing builds trust and prevents unnecessary financial losses.

Disclaimer

The information shared is for general awareness and not a substitute for professional tax advice.