Ease GST Returns Expert Assistance for Simplified Filing

Online GST Returns Filing

GSTIN is a 15 digit unique identification number given to each GST taxpayer.

Guaranteed GST Filing At The Government Portal Under 24 Hrs By Top CA’s*

Get MSME Registration And Your Annual Returns Filed Before The Deadline

What is GST Return Filing?

A GST return is a document where a taxpayer reports income, expenses, sales, purchases, and tax liability to tax authorities using their GSTIN. It provides essential details for tax administrative authorities.

The Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. Every taxpayer registered under GST has to file GST returns. These returns are used to calculate the tax liability by the government. GST is an evolving system of taxation and the government keeps updating the rules and regulations around it. So, it is important to stay up-to-date to be able to file your returns correctly. Our GST return filing service helps taxpayers to get it done easily. Our professionals will take care of the filings so you don’t have to worry about keeping up with the due dates and staying GST compliant.

Documents Required for GST Return Filing

Invoices issued to persons with GSTIN or B2B invoices
Invoices issued to persons without GSTIN or B2C invoices
This needs to be submitted only when its total value is above ₹2.5 lakhs
A consolidation of inter-state sales
HSN-wise summary of all goods sold
Any other debit or credit notes or advance receipts

Who Is Eligible for GST Return?

Taxpayers who did not choose the QRMP plan are required to file two monthly returns and one yearly return under the GST system
QRMP filers must submit nine GSTR files annually, which include four GSTR-1 and three GSTR-3B forms as well as an annual return. It should be noted that even if QRMP filers submit their returns on a quarterly basis, they must pay tax on a monthly basis
Additionally, separate statements and returns must be filed in other circumstances, such as in the case of composition dealers, who must submit five GSTR files annually (4 statement-cum-challans in CMP-08 and 1 annual return GSTR-4).

Benefits of GST Return Filing

GST Eliminates Cascading Effect

Higher Threshold

Easy for Startups, E-commerce

More Organised System

GST Return Late Fee & Interest

Penalty for Late Filing

Type of Offence	Penalty	Type of Offence	Penalty
Late Filing:	- ₹100 per day during which the failure continues, up to a maximum of ₹5,000	Late Filing:	- ₹100 per day during which the failure continues, up to a maximum of ₹5,000
	- ₹100 per day during which the failure continues, subject to a maximum of quarter percent of the person’s turnover in the state where he is registered for annual return		- ₹100 per day during which the failure continues, subject to a maximum of quarter percent of the person’s turnover in the state where he is registered for annual return
Late Payment of Tax:	Interest on the tax due calculated from the first day the tax was due to be paid	Late Payment of Tax:	Interest on the tax due calculated from the first day the tax was due to be paid
Excess Claim of Input Tax Credit or Reduction:	Interest on the undue excess claim or undue reduction in output tax liability	Excess Claim of Input Tax Credit or Reduction:	Interest on the undue excess claim or undue reduction in output tax liability
Delayed Payment to Supplier:	Interest on the amount due added to the recipient’s liability	Delayed Payment to Supplier:	Interest on the amount due added to the recipient’s liability
Cancellation of Registration:	Registration may be canceled if:	Cancellation of Registration:	Registration may be canceled if:
	- Regular dealer hasn't furnished returns for 6 continuous months		- Regular dealer hasn't furnished returns for 6 continuous months
	- Composition dealer hasn't furnished returns for 3 quarters		- Composition dealer hasn't furnished returns for 3 quarters
	- Voluntary registered person hasn't commenced business within 6 months of registration		- Voluntary registered person hasn't commenced business within 6 months of registration
	- Registration obtained by fraud, wilful misstatement, or suppression of facts		- Registration obtained by fraud, wilful misstatement, or suppression of facts
Confiscation of Goods and/or Conveyances:	Confiscation of goods and/or conveyances and fine of ₹10,000 or an amount equal to the tax evaded	Confiscation of Goods and/or Conveyances:	Confiscation of goods and/or conveyances and fine of ₹10,000 or an amount equal to the tax evaded
Imprisonment and Fine:	Imprisonment and fine applicable for specific offenses	Imprisonment and Fine:	Imprisonment and fine applicable for specific offenses
Other Penalties:	- ₹10,000 or amount equivalent to the tax evaded for specified offenses	Other Penalties:	- ₹10,000 or amount equivalent to the tax evaded for specified offenses
	- Penalty of up to ₹25,000 for aiding or abetting offenses listed above		- Penalty of up to ₹25,000 for aiding or abetting offenses listed above

Various GST Returns

GSTR-1 is the returnfor reporting details of all outward suppliesand also for reporting debit and credit notes issued. In short, return for reporting all sales transactions made during a tax period.