Meeting tax compliance deadlines is critical for businesses to avoid penalties and ensure smooth operations. Today (10th January 2025) marks the last opportunity to fulfill key GST compliances, making it crucial for taxpayers to complete their filings and payments. Timely compliance not only upholds legal obligations but also reinforces a company’s financial health and reputation. This article outlines the essential GST compliance requirements to be fulfilled today, along with tips to navigate the process seamlessly.

E-Commerce Operators To File GSTR-8

Form GSTR-8 is to be filed by every E-commerce Operator who are registered under GST laws and required to collect TCS on outward supplies of goods and/ or services effected through the e-commerce Portal / platform (maintained by the e-commerce operator) made by taxable persons registered with it. GSTR 8 is due by the 10th of the following month.

GSTR-7

GSTR-7 is a monthly return filed by individuals who deduct tax at source or TDS under the Goods and Services Tax (GST). Every GST registered individual who deducts TDS under GST must file in Form GSTR-7 by the 10th of next month. The form contains details of TDS deducted, TDS payable, TDS refund, etc.