A Step-by-Step Guide to Filing GST Returns and Their Role in IBC Valuation

Filing GST returns is essential for businesses in India, ensuring compliance and facilitating the input tax credit. This guide breaks down the filing process into simple steps, from gathering necessary documents to submitting returns on the GST portal. Understanding the importance of accurate GST returns is crucial, especially during insolvency proceedings under the Insolvency and Bankruptcy Code (IBC). Accurate filings provide transparency in a company’s financial health, aiding in fair asset valuation. Whether you're a small business or a large corporation, mastering GST returns is vital for both compliance and effective IBC valuation. Learn how to file correctly and the implications for your business today!