{"id":4320,"date":"2023-06-08T10:29:37","date_gmt":"2023-06-08T10:29:37","guid":{"rendered":"https:\/\/vibrantfinserv.com\/kb\/?p=4320"},"modified":"2024-09-13T04:47:51","modified_gmt":"2024-09-13T04:47:51","slug":"gst-compliance-for-small-business","status":"publish","type":"post","link":"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/","title":{"rendered":"What is GST compliance for small business?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png\" alt=\"\" width=\"92\" height=\"44\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ.png 482w\" sizes=\"auto, (max-width: 92px) 100vw, 92px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/gst-small.png\" alt=\"Gst compliance for small business\" width=\"246\" height=\"104\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#GST_compliance_for_small_business\" >GST compliance for small business\u00a0<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#GST_compliance_for_small_business_in_India_includes_the_following_key_aspects\" >GST compliance for small business in India includes the following key aspects:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#For_more_information_to_visit_https_wwwgstgovin\" >For more information to visit https:\/\/www.gst.gov.in\/<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#FAQs\" >FAQs:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#What_is_GST\" >What is GST?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#2_Is_GST_registration_mandatory_for_small_businesses\" >2. Is GST registration mandatory for small businesses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#3_What_is_the_GST_turnover_threshold_for_small_businesses\" >3. What is the GST turnover threshold for small businesses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#4_How_often_must_a_small_business_file_GST_returns\" >4. How often must a small business file GST returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#5_What_documents_are_required_for_GST_registration\" >5. What documents are required for GST registration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#6_Can_a_small_business_voluntarily_register_for_GST\" >6. Can a small business voluntarily register for GST?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#7_What_is_an_input_tax_credit\" >7. What is an input tax credit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#8_What_happens_if_a_small_business_does_not_comply_with_GST_regulations\" >8. What happens if a small business does not comply with GST regulations?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#9_How_can_small_businesses_simplify_GST_compliance\" >9. How can small businesses simplify GST compliance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#10_Are_small_businesses_exempt_from_GST_on_certain_goods_or_services\" >10. Are small businesses exempt from GST on certain goods or services?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#Related_Topics\" >Related Topics:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/#For_further_details_access_our_website_https_vibrantfinservcom\" >For further details access our website https:\/\/vibrantfinserv.com<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"GST_compliance_for_small_business\"><\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;GST compliance for small businesses in India includes the following key aspects:\\n\\nGST Registration: Small businesses whose annual aggregate turnover exceeds the threshold limit (currently INR 40 lakhs for most states) are required to register for GST. Voluntary registration is also allowed.\\n\\nIssuing Tax Invoices: Small businesses need to issue proper tax invoices for the supplies made, containing all the required details as per GST rules, such as their GSTIN, description of goods or services, tax rates, and amounts.\\n\\nCollecting and Depositing GST: Small businesses should collect GST from their customers on taxable supplies and deposit it with the government. The GST collected should be deposited within the prescribed timelines.\\n\\nInput Tax Credit (ITC): Small businesses can claim input tax credit on the GST paid on their purchases and expenses related to their business, subject to certain conditions. Maintaining proper documentation is crucial for claiming ITC.\\n\\nFiling GST Returns: Small businesses are required to file regular GST returns based on the applicable frequency. The most common returns include GSTR-1 (outward supplies), GSTR-3B (summary return), and GSTR-9 (annual return). The due dates for filing returns may vary based on turnover and other factors.\\n\\nRecord Keeping: Small businesses should maintain proper records of their transactions, invoices, and other relevant documents for the prescribed period as per GST rules. This includes maintaining purchase records, sales records, and records of input tax credit availed.\\n\\nCompliance with E-way Bill Requirements: Small businesses involved in the movement of goods beyond the specified value thresholds are required to generate and carry e-way bills for the transportation of those goods, as per GST rules.\\n\\nGST Audit: Small businesses with an annual turnover above the prescribed threshold (currently INR 2 crores) may be required to undergo a GST audit conducted by a qualified Chartered Accountant or Cost Accountant.\\n\\nIt is important to note that the compliance requirements may vary based on the specific circumstances of the small business, such as the nature of business, turnover, and other factors. It is advisable for small businesses to seek guidance from a tax professional or refer to official GST resources for accurate and updated compliance obligations.&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:515,&quot;3&quot;:{&quot;1&quot;:0},&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:16750848},&quot;12&quot;:0}\"><strong>GST compliance for small business<\/strong>\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><span class=\"ez-toc-section\" id=\"GST_compliance_for_small_business_in_India_includes_the_following_key_aspects\"><\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;GST compliance for small businesses in India includes the following key aspects:\\n\\nGST Registration: Small businesses whose annual aggregate turnover exceeds the threshold limit (currently INR 40 lakhs for most states) are required to register for GST. Voluntary registration is also allowed.\\n\\nIssuing Tax Invoices: Small businesses need to issue proper tax invoices for the supplies made, containing all the required details as per GST rules, such as their GSTIN, description of goods or services, tax rates, and amounts.\\n\\nCollecting and Depositing GST: Small businesses should collect GST from their customers on taxable supplies and deposit it with the government. The GST collected should be deposited within the prescribed timelines.\\n\\nInput Tax Credit (ITC): Small businesses can claim input tax credit on the GST paid on their purchases and expenses related to their business, subject to certain conditions. Maintaining proper documentation is crucial for claiming ITC.\\n\\nFiling GST Returns: Small businesses are required to file regular GST returns based on the applicable frequency. The most common returns include GSTR-1 (outward supplies), GSTR-3B (summary return), and GSTR-9 (annual return). The due dates for filing returns may vary based on turnover and other factors.\\n\\nRecord Keeping: Small businesses should maintain proper records of their transactions, invoices, and other relevant documents for the prescribed period as per GST rules. This includes maintaining purchase records, sales records, and records of input tax credit availed.\\n\\nCompliance with E-way Bill Requirements: Small businesses involved in the movement of goods beyond the specified value thresholds are required to generate and carry e-way bills for the transportation of those goods, as per GST rules.\\n\\nGST Audit: Small businesses with an annual turnover above the prescribed threshold (currently INR 2 crores) may be required to undergo a GST audit conducted by a qualified Chartered Accountant or Cost Accountant.\\n\\nIt is important to note that the compliance requirements may vary based on the specific circumstances of the small business, such as the nature of business, turnover, and other factors. It is advisable for small businesses to seek guidance from a tax professional or refer to official GST resources for accurate and updated compliance obligations.&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:515,&quot;3&quot;:{&quot;1&quot;:0},&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:16750848},&quot;12&quot;:0}\"> GST compliance for small business in India includes the following key aspects:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><strong>Registration: <\/strong>Small businesses whose annual aggregate turnover exceeds the threshold limit (currently INR 40 lakhs for most states) are required to register for GST. Voluntary registration also allow.<\/p>\n<p><strong>Issuing Tax Invoices:<\/strong> Small businesses need to issue proper tax invoices for the supplies made, containing all the required details as per GST rules, such as their GSTIN, description of goods or services, tax rates, and amounts.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"For_more_information_to_visit_https_wwwgstgovin\"><\/span>For more information to visit <a href=\"https:\/\/www.gst.gov.in\/\">https:\/\/www.gst.gov.in\/<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><strong>Collecting and Depositing GST:<\/strong> <span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;GST compliance for small businesses in India includes the following key aspects:\\n\\nGST Registration: Small businesses whose annual aggregate turnover exceeds the threshold limit (currently INR 40 lakhs for most states) are required to register for GST. Voluntary registration is also allowed.\\n\\nIssuing Tax Invoices: Small businesses need to issue proper tax invoices for the supplies made, containing all the required details as per GST rules, such as their GSTIN, description of goods or services, tax rates, and amounts.\\n\\nCollecting and Depositing GST: Small businesses should collect GST from their customers on taxable supplies and deposit it with the government. The GST collected should be deposited within the prescribed timelines.\\n\\nInput Tax Credit (ITC): Small businesses can claim input tax credit on the GST paid on their purchases and expenses related to their business, subject to certain conditions. Maintaining proper documentation is crucial for claiming ITC.\\n\\nFiling GST Returns: Small businesses are required to file regular GST returns based on the applicable frequency. The most common returns include GSTR-1 (outward supplies), GSTR-3B (summary return), and GSTR-9 (annual return). The due dates for filing returns may vary based on turnover and other factors.\\n\\nRecord Keeping: Small businesses should maintain proper records of their transactions, invoices, and other relevant documents for the prescribed period as per GST rules. This includes maintaining purchase records, sales records, and records of input tax credit availed.\\n\\nCompliance with E-way Bill Requirements: Small businesses involved in the movement of goods beyond the specified value thresholds are required to generate and carry e-way bills for the transportation of those goods, as per GST rules.\\n\\nGST Audit: Small businesses with an annual turnover above the prescribed threshold (currently INR 2 crores) may be required to undergo a GST audit conducted by a qualified Chartered Accountant or Cost Accountant.\\n\\nIt is important to note that the compliance requirements may vary based on the specific circumstances of the small business, such as the nature of business, turnover, and other factors. It is advisable for small businesses to seek guidance from a tax professional or refer to official GST resources for accurate and updated compliance obligations.&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:515,&quot;3&quot;:{&quot;1&quot;:0},&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:16750848},&quot;12&quot;:0}\">GST compliance for small business<\/span> should collect GST from their customers on taxable supplies and deposit it with the government. The GST collected should deposit within the prescribed timelines.<\/p>\n<p><strong>Input Tax Credit (ITC):<\/strong> Small businesses can claim input tax credit on the GST paid on their purchases and expenses related to their business, subject to certain conditions. Maintaining proper documentation is crucial for claiming ITC.<\/p>\n<p><strong>Filing GST Returns:<\/strong> Small businesses require to file regular GST returns based on the applicable frequency. The most common returns include GSTR-1 (outward supplies), GSTR-3B (summary return), and GSTR-9 (annual return). The due dates for filing returns may vary based on turnover and other factors.<\/p>\n<p><strong>Record Keeping:<\/strong> Small businesses should maintain proper records of their transactions, invoices, and other relevant documents for the prescribed period as per GST rules. This includes maintaining purchase records, sales records, and records of input tax credit availed.<\/p>\n<p><strong>Compliance with E-way Bill Requirements:<\/strong> Small businesses involved in the movement of goods beyond the specified value thresholds require to generate and carry e-way bills for the transportation of those goods, as per GST rules.<\/p>\n<p><strong>GST Audit:<\/strong> Small businesses with an annual turnover above the prescribed threshold (currently INR 2 crores) may be required to undergo a GST audit conducted by a qualified Chartered Accountant or Cost Accountant.<\/p>\n<p>It is important to note that the compliance requirements may vary based on the specific circumstances of the small business, such as the nature of business, turnover, and other factors. It is advisable for small businesses to seek guidance from a tax professional or refer to official GST resources for accurate and updated compliance obligations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"What_is_GST\"><\/span><strong>What is GST?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Goods and Services Tax (GST) is a value-added tax levied on the supply of goods and services, applicable in many countries.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Is_GST_registration_mandatory_for_small_businesses\"><\/span>2. <strong>Is GST registration mandatory for small businesses?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, if your annual turnover exceeds the threshold limit specified by your country&#8217;s tax authorities, GST registration is mandatory.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_What_is_the_GST_turnover_threshold_for_small_businesses\"><\/span>3. <strong>What is the GST turnover threshold for small businesses?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The threshold varies by country, but typically ranges from $20,000 to $75,000 annually.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_often_must_a_small_business_file_GST_returns\"><\/span>4. <strong>How often must a small business file GST returns?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Filing frequency depends on turnover and local regulations; it could be monthly, quarterly, or annually.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_What_documents_are_required_for_GST_registration\"><\/span>5. <strong>What documents are required for GST registration?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Typically, documents such as business identity proof, bank account details, and proof of address are required for GST registration.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Can_a_small_business_voluntarily_register_for_GST\"><\/span>6. <strong>Can a small business voluntarily register for GST?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, even if turnover is below the threshold, a small business can voluntarily register to claim input tax credits.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_What_is_an_input_tax_credit\"><\/span>7. <strong>What is an input tax credit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>An input tax credit allows businesses to reduce their GST liability by claiming the tax they\u2019ve already paid on purchases.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_What_happens_if_a_small_business_does_not_comply_with_GST_regulations\"><\/span>8. <strong>What happens if a small business does not comply with GST regulations?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Non-compliance can lead to penalties, fines, and interest on unpaid taxes, depending on the severity of the violation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_How_can_small_businesses_simplify_GST_compliance\"><\/span>9. <strong>How can small businesses simplify GST compliance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Using accounting software or hiring a tax professional can help automate calculations and ensure timely filing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Are_small_businesses_exempt_from_GST_on_certain_goods_or_services\"><\/span>10. <strong>Are small businesses exempt from GST on certain goods or services?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In some jurisdictions, specific goods and services may be exempt or zero-rated, meaning no GST is charg.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Related_Topics\"><\/span>Related Topics:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/vibrantfinserv.com\/kb\/goods-and-services-tax-gst\">Goods and Services Tax (GST)<\/a><\/p>\n<p><a href=\"https:\/\/vibrantfinserv.com\/kb\/set-off-in-gst\">What is set off in GST<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/06\/GST-Registration.jpg\" alt=\"GST compliance for small business\" width=\"258\" height=\"114\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"For_further_details_access_our_website_https_vibrantfinservcom\"><\/span>For further details access our website <a href=\"https:\/\/vibrantfinserv.com\/\">https:\/\/vibrantfinserv.com<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>GST compliance for small business\u00a0 GST compliance for small business in India includes the following key aspects: Registration: Small businesses whose annual aggregate turnover exceeds the threshold limit (currently INR 40 lakhs for most states) are required to register for GST. Voluntary registration also allow. Issuing Tax Invoices: Small businesses need to issue proper tax\u2026 <span class=\"read-more\"><a href=\"https:\/\/vibrantfinserv.com\/kb\/gst-compliance-for-small-business\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":11021,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[1410,1912,243],"class_list":["post-4320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst-compliance","tag-gstcompliance","tag-smallbusinessindia","tag-taxcompliance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GST compliance for small business<\/title>\n<meta name=\"description\" content=\"GST compliance for small business in India includes the following key aspects. 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