JCT Associates Pvt. Ltd.

GST Compliance Verification Report

Assessment of Statutory Tax Registration & Filing Discipline

Proper tax compliance is a key indicator of a developer’s governance standards, operational transparency, and financial discipline. Regular GST registration and filings reflect structured business practices and reduce regulatory risks during project execution.

We prepare and verify a GST Compliance Verification Report confirming proper GST registration, regular return filings, and statutory tax compliance by the developer.

Objective

• To verify statutory GST registration status

• To confirm regular filing of GST returns

• To assess tax compliance discipline

• To minimize regulatory and financial risk

• To ensure legally compliant developer selection

Scope of Our Services

1. GST Registration Verification

We verify:

• Valid GSTIN number

• Legal name and trade name matching

• Registration status (active/cancelled/suspended)

• Date of registration

• Nature of business classification

2. Return Filing Review

We assess:

• Regular filing of GSTR returns

• Filing consistency over recent financial periods

• Delays or non-compliance patterns (if any)

• Alignment with turnover disclosures

• Compliance with statutory timelines

3. Compliance Consistency Check

We evaluate:

• Whether GST filings correspond with declared revenue

• Any material discrepancies

• Signs of irregular compliance

• Potential tax-related red flags

4. Risk Assessment

We identify:

• Non-active GST registration risks

• Chronic filing delays

• Financial governance weaknesses

• Regulatory exposure concerns

5. Documentation & Reporting

We prepare:

• GST verification summary report

• Compliance status confirmation

• Observations and risk remarks

• Supporting reference documentation (if required)

Benefits to the Society

Assurance of statutory compliance
Reduced regulatory risk
Enhanced developer credibility check
Stronger due diligence framework
Protection against tax-related project disruptions

Our Assurance

We ensure that the developer’s GST status, filings, and compliance history are properly verified and documented, confirming that the selected developer maintains statutory tax discipline, operational transparency, and regulatory compliance, thereby safeguarding the Society’s redevelopment project.