GST Compliances in India: Annual Checklist and New Tasks for FY22

From April 1, 2021, businesses with turnover above INR 500 million must issue e-invoices. Starting April 1, 2021, all businesses with turnover above INR 5 billion need to print QR code on B2C supply invoices – a relaxed compliance period is available till June 30, 2021 after which penalty will be levied in case of non-implementation. From April 1, 2021, new HSN codes are applicable. We provide a c…