As the current financial year draws to a close, taxpayers must act swiftly. To ensure uninterrupted business operations and avoid legal friction, make sure you complete these crucial GST requirements before the March 31 cutoff.

• LUT Filing & Renewal Exporters and SEZ suppliers must file or renew their Letter of Undertaking (LUT) for FY 2026-27. Failure to do so may lead to the blockage of tax-free exports.
• Composition Scheme (CMP-02) Small taxpayers with an aggregate turnover up to ₹1.5 crore looking to opt into the Composition Scheme for the new fiscal year must file Form CMP-02.
• GTA Services (Annexure V & VI) Goods Transport Agencies need to submit their declarations for Forward Charge Mechanism (FCM) or Reverse Charge Mechanism (RCM) options via the prescribed annexures.
• Restaurant Services (Annexure VII & IX) Entities providing restaurant services under specified premises must ensure the filing of Annexure VII and IX to remain compliant with updated reporting norms.