What’s New in the 2024 GST Filing Process: Key Updates for Annual Returns

1. Updated annual return filing threshold limits
2. Simplification of Form GSTR-9C
3. Compliant with the Expanded Input Tax Credit (ITC)
4. Automated Data Integration
5. Extended Late Fee Waivers
6. Improved Reconciliation Tools
What Businesses Should Do
  • Examine the Threshold Updates :To see if you’re exempt from submitting GSTR-9 by seeing if your company is below the new threshold restrictions.
  • Apply GSTR-9C Simplified: Utilize the streamlined Form GSTR-9C to help expedite the audit procedure.
  • Improve Your ITC Reports: To comply with the new laws, make sure that ITC claims are reported accurately and in detail.
  • Make Use of Automation: Make use of the GST portal’s automated tools to reduce human mistake and expedite the filing procedure.
  • Keep an eye on deadlines: To prevent fines, keep track of due dates and any applicable exemptions of late fees.
The 2024 updates to the GST filing process are designed to make compliance easier and more efficient for businesses. By staying informed about these changes and adapting your filing practices accordingly, you can ensure accurate and timely submissions, reduce the risk of penalties, and optimize your GST management.


For personalized assistance with navigating these updates and ensuring compliance with the latest GST regulations, contact GST Refund Services. We’re here to provide expert support and help you make the most of these new developments.

Scroll to Top