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Groca stands for Goods and Services Tax (GST) Return of Counterparty Activities.
Any business registered under GST in India is required to file groca.
Groca can be filled out online on the GST portal by providing details of the counterparty activities.
The purpose of groca is to ensure transparency and accuracy in reporting of business transactions for GST compliance.
Information such as recipient details, invoice details, taxable value, and tax amount must be reported on groca.
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