All GST-registered businesses must file returns, including service providers, goods suppliers, and e-commerce operators.
Registration Fee
₹1,999/-
- Login to GST Portal
- Navigate to Return Dashboard
- Select the Return
- Fill in Details
- Upload Invoices
- Review and Verify
- Compute Tax Liability
- Offset Input Tax Credit
- Make Payment
- File the Return
- Late Fees
- File Nil Return
- Keep Records
- Compliance with Notices
Leave A Message
About GST Return Filing
GST return filing refers to the process through which businesses registered under the Goods and Services Tax (GST) regime report their sales, purchases, and tax liabilities to the government. GST has replaced various indirect taxes like Value Added Tax (VAT), Central Excise Duty, and Service Tax.
| GST Return Form Name | Filing Period | Due Date in March 2024 |
|---|---|---|
| GSTR 01 | Monthly | 11th of next month |
| GSTR 3B | Monthly | 20th of next month |
| GSTR 9(turnover exceeds 2 crore) & 9C(turnover exceeds 5 crore) | annually | 31st December of every year |
| GST RFD-10 Form | Final return | within three months from the date of cancellation |
Registration Procedures
Login to GST Portal :
Visit the oicial GST portal of your country (e.g., in India, it’s www.gst.gov.in) and log in using your username and password.
Navigate to Return Dashboard :
Navigate to the “Return Dashboard” section to access various GST return options.
Select the Return :
Select the appropriate return form based on your business type and turnover. Common options include GSTR-1 for outward supplies, GSTR-3B for summary returns, and GSTR-9 for annual returns.
Fill in Details :
Click on the selected return form, fill in required details like turnover, sales, purchases, and taxes paid for the reporting period. Accuracy is crucial to avoid penalties.
Upload Invoices :
Depending on the return form, you may need to upload invoices for outward supplies (GSTR-1). Ensure compliance with tax authority specifications for format and requirements.
Review and Verify :
Review all the details entered before final submission. Ensure that the information provided is accurate and matches your records.
Compute Tax Liability:
The portal may automatically compute your tax liability based on entered data. Verify the calculated tax amount for accuracy.
Offset Input Tax Credit :
Offset input tax credit against tax liability if eligible. Typically claimed on taxes paid for purchases and expenses.
Make Payment :
Make online payment for any remaining tax liability after offsetting input tax credit.
File the Return :
Review details, make payments, then electronically submit the return on the portal.
Late Fees :
File before the due date to avoid late fees.
File Nil Return :
File a nil return if no transactions occurred to comply with GST regulations.
Keep Records :
Keep copies of filed returns, acknowledgments, and supporting documents for future reference and audits.
Compliance with Notices :
Monitor the portal for any notices or communications from the tax authorities and respond promptly as required.
Frequently Asked Questions
-
Who needs to file GST returns?
-
What is GSTR-1?
GSTR-1 is the monthly or quarterly return for reporting outward supplies (sales).
-
What is GSTR-3B?
GSTR-3B is a monthly summary return that consolidates information on outward supplies, input tax credit claims, and tax payments
-
Can I file GST returns after the due date?
Yes, but late fees and interest will apply.
-
What is GSTR-9?
GSTR-9 is the annual return summarizing all transactions for the financial year.
-
What happens if I miss the GST filing deadline?
Late fees of ₹50 per day and interest on unpaid taxes will be charged.
-
Do I need to file returns if there are no transactions?
Yes, you must file a NIL return
-
Yes, you must file a NIL return
GSTR-4 is a quarterly return for taxpayers under the composition scheme.