Total Purchase and Sale Invoices upto 10
Total Purchase and Sale Invoices from 10 to 50
Total Purchase and Sale Invoices from 51 to 100
Total Purchase and Sale Invoices from 101 to 175
Total Purchase and Sale Invoices from 175 to 250
Total Purchase and Sale Invoices more than 250
*Pay for just 10 months and Get Benefits for 12 months
Online GST Return Filing
What is GST Return Filing?
GST Return filing: As per GST Act, every registered person need to file GST return online before due dates. We need to provide detail of sales, purchases and tax paid, while filing GST return. GST Rules and Acts for filing GST returns are same for all form of business. Some of them are:
- Limited Liability Partnership
- Private Limited Company
- Public Limited Company
- One Person Company
Why GST Return filing is necessary? Why we should file GST return online?
- Individual having GST registration is required to file GST returns timely. Failing to which, one is liable for late fees of Rs.50/- per day.
- If we still fail to file GST returns, GST registration certificate may be cancelled by department.
- GST return filing helps one to avail input on purchase and pass on same to his sellers.
- One can take bank limit or term loan on basis of GST returns filed.
- E-way bill is generated only when returns of sender and receiver are up to date.
- Return filing status is regularly updated on GST portal. If returns are not filed timely, same can hamper the reputation of GST holder.
Do we need to file GST return if there is no transaction?
As soon as a person is registered under GST, he has to file GST return accordingly. If there are no sales and purchases, then Nil return can be filed. Late fees of Rs.20/- per day is levied of late filing of nil return.
Do we have to upload all sales data through GSTR 1?
Not exactly. Date, invoice no., GST No., amount and rate of GST is required in case of registered sales. Registered sales are those, which are made to GST certificate holders. In case of unregistered sales, only consolidated amount of sales with rate of purchase is required to be filed.
If you still need any assistance or clarity, you may also contact us on whatsapp.
Process to file GST Return
Due dates for All GST Returns (These returns are as per the CGST Act*)
|Return Form||Particulars||Frequency||Due Date|
|GSTR-1||Details of outward supplies of taxable goods and/or services effected||Monthly||10th of the next month|
|GSTR-2||Details of inward supplies of taxable goods and/or services effected claiming input tax credit.||Monthly||15th of the next month|
|GSTR-3||Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of tax.||Monthly||20th of the next month|
|GSTR-3B||Return for a summary of sales, GST output GST input & payment of tax.||Monthly||20th of the next month|
|GSTR-4||Return for compounding taxable person||Quarterly||18th of the month succeeding quarter|
|GSTR-5||Return for Non-Resident foreign taxable person||Monthly||20th of the next month|
|GSTR-6||Return for Input Service Distributor||Monthly||13th of the next month|
|GSTR-7||Return for authorities deducting tax at source.||Monthly||10th of the next month|
|GSTR-8||Details of supplies effected through e-commerce operator and the amount of tax collected||Monthly||10th of the next month|
|GSTR-9||Annual Return||Annually||31st December of next financial year|
|GSTR-10||Final Return||Once. When registration is cancelled or surrendered||Within three months of the date of cancellation or date of cancellation order, whichever is later.|
|GSTR-11||Details of inward supplies to be furnished by a person having UIN and claiming refund||Monthly||28th of the month following the month for which statement is filed|