- How do I keep an Indian company audit-ready for GST and ROC?
- Keep every ROC/MCA, GST, TDS, PF/ESI and DPDP obligation dated and owned, store challans and filings as evidence, and match books to returns before the portal does. Audit-ready means the evidence pack is already built when a notice lands, not assembled after it.
- What software tracks ROC, MCA, GST, TDS and PF/ESI deadlines in India?
- Correct is an AI-native compliance and finance suite for India. It builds deadline calendars for ROC/MCA, GST, TDS, PF/ESI and DPDP, with the owner, due date, and the penalty if a filing slips, for one company or a practice running many client companies.
- What is the late fee if GSTR-3B is filed after the due date?
- GSTR-3B is due on the 20th of the following month for monthly filers. Late fee under Section 47 of the CGST Act, as reduced by Notification No. 19/2021-Central Tax, is ₹20 per day for nil liability (capped at ₹500) and ₹50 per day otherwise (capped at ₹5,000), plus interest at 18 percent under Section 50 on unpaid tax.
- How do I reconcile GSTR-2B with my purchase register?
- Match every purchase invoice to GSTR-2B before you claim ITC in GSTR-3B. Invoices missing from 2B, vendors who have not filed GSTR-1, and credit about to lapse under Section 16(4) should be fixed while they are still recoverable. Claiming credit the portal cannot see is how notices start.
- Who should hold GST and MCA portal logins and challans: the company or the CA?
- The company should own its records and portal logins. Documents, passwords and evidence stay yours, access is granted per person and revoked when work ends, and if you leave a firm you take everything with you. Statutory records should not be held against an unpaid invoice.
- Is Correct for a single company or for a CA / CS practice?
- Both. Run it for your own company, or across every client company a CA, CS or advisory firm looks after. Price is per company: one entity, or many under a practice.