WHAT IS GST Return Filing?

 

Goods and Services Tax is a single indirect tax levied on the supply of goods and services from the manufacturer to the consumer. Input tax credits paid at each stage will be made available in the following stage of value addition. GST is basically a tax levied on value addition at each stage. Therefore, the consumer has to pay only the GST charged by the last dealer or supplier in the supply chain.

PROCESS OF REGISTRATION

 

Application Form

E-Mail Documents

Make Payment Online

Get Your acknowledgment receipt

GST Return Benefits

 

Avoid Penalty– Failing to file GST Returns on time will attract penalty of ₹200 per day and maximum up to ?5000 of each return
Avoid Registration Cancellation – To be worst if you don’t file GST Returns on time your certificate might get canceled
Better Relationship with your prospects– Filing GST Returns on time will let your customers claim input credit smoothly hence maintain healthy relationship with good prospects
Better Compliance Rating – Government of India has proposed to start compliance rating system under which scorecard of every GST registrant shall be maintained. The timely filing of GST returns is one of the key factors to compute such rating.

Yes, Once you have taken GST registration, you have to file GST Return irrespective of the turnover..

Yes, you still have to file GST return irrespective of the business occurred or not.

Under Normal Scheme, two types of the GST returns required to be file i.e. GSTR-1 & GSTR-3B.

GSTR-3B requires to be file every month. Due date of filing GSTR 3B return is 20th of next following month.

GSTR 1 Return requires details of sales & outward supplies. Due date of this return is 10th of every Quarter/Month based on turnover.

GSTR 1 Return requires details of sales & outward supplies. Due date of this return is 10th of every Quarter/Month based on turnover.

Under Composition scheme, GSTR 4 requires to be file on quarterly basis.

Non-filing of GST return on time will attract a penalty of ?20-50 per day until GST return for such month/ quarter not filed.

Once you have obtained GST Registration, You have to file GST returns irrespective of the turnover.

Yes, without GST Return filing online you cannot avail input tax credit.

No, if you are a sole proprietor or partnership firm, DSC won’t be required, For other business types such as private limited company, public limited company, OPC and LLP, DSC of authorized signatory is required to file gst return.

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