[HELP] Late GST & ITR
So I am 20M, been doing freelancing since 2-3 years now. And have had 20L+ revenue since 2023-2024 FY. I never did any single compliances so far, not even ITR, as I wasn't even aware of it.
What I do, is export of services, I provide web development services, to foreign clients, and ALL my clients so far were strictly from foreign, so my entire income so far is through export of services, which is Zero-rated, so no GST had to paid, but as my annual revenue crossed 20L+ I should have registered GST + LUT. Which I am planning to do soon.
Also with the ITR filling, I am planning to use 44ADA, with some 80C deductions, for the past and current financial years.
As for payments, I receive payments through Payoneer, and haven't had a single delay or any issue yet.
Now my questions are:
1. Will I face any issues, trying to register GST now? as I didn't do it in the 2023-2024 and so far in the 2024-2025? I believe I won't have to pay the GST as it was all zero-rate, export of service. But will there be any penalties, fines, extra compliance or anything of such sort? what should I do?
Because of the same reason above, will I face any issue when filling my ITR? I will pay the taxes honestly for the previous financial years too, but will I be charged any fines or penalties?
Any other suggestions/tips for my case?
I highly appreciate your answers! <3