LaabamOne ERP Software: Streamline Your Business Operations

What is GST Compliance?

GST (Goods and Services Tax) Compliance involves maintaining proper tax records, filing returns on time, claiming input tax credit, and ensuring all transactions are GST-compliant. Non-compliance can result in penalties and interest.

GST Return Types:

GSTR-1 (Sales) | GSTR-3B (Summary) | GSTR-2A/2B (Purchase) | GSTR-9 (Annual)

GST Compliance Steps

GST Registration & Setup (10 min)

Understand GST registration requirements (turnover threshold)
Configure GSTIN in LaabamOne ERP
Set up GST tax rates (5%, 12%, 18%, 28%)
Enable GST features in system settings

HSN/SAC Code Configuration (15 min)

Add HSN codes for goods products
Add SAC codes for services
Configure appropriate tax rates for each code
Ensure all products have HSN/SAC codes

GST Return Filing (20 min)

GSTR-1 - Outward supplies (sales), filed monthly/quarterly
GSTR-3B - Summary return with tax payment, filed monthly
GSTR-2A/2B - Auto-populated purchase data for ITC claim
Generate JSON file from LaabamOne and upload to GST portal

Return Due Dates & Compliance

GSTR-1: 11th of next month (monthly) / 13th of next quarter (quarterly)
GSTR-3B: 20th of next month
GSTR-9: Annual return by 31st December
Set reminders in LaabamOne for filing deadlines

Input Tax Credit (ITC) Management

Reconcile purchases with GSTR-2A/2B
Claim eligible ITC on business expenses
Track ineligible ITC (blocked credits)
Generate ITC reconciliation reports

E-Way Bill & E-Invoice

Generate e-way bill for goods movement above Rs. 50,000
E-invoice mandatory for turnover above Rs. 5 crore
Integrate with NIC e-invoice and e-way bill portal
Auto-generate IRN (Invoice Reference Number)

✅ You've completed the GST Compliance guide!

You're now ready to manage GST filing and maintain full tax compliance.

GST Compliance Guide