• GST (Goods and Services Tax) is a mandatory tax for Indian businesses. Dynamics 365 Finance automates GST reporting by extracting transactions, validating tax codes, and generating return-ready reports.

Why It Matters

• Ensures compliance with Indian tax regulations
• Helps claim input tax credits accurately
• Avoids penalties and interest for incorrect or late filing

Steps to Prepare GST Returns:

• Navigate to Modules >Tax > Indirect Taxes > GST Returns.
• Select GST period (monthly or quarterly).
• Review sales and purchase transactions. Ensure invoices have correct GSTIN, tax codes, and amounts.
• Generate GSTR-1 (outward supplies) and GSTR-3B (summary).
• Export reports in Excel, JSON, or CSV for submission.
• Submit via GST portal or integrated solution.
• Example : Export GSTR-3B for Q1 2025, showing ₹10,00,000 sales with ₹1,80,000 GST collected.