GST Return Filing

What is GST return filing?

Businesses in India must file GST returns every month, quarterly, and annually based on their registration type. GST return filing involves submitting details of sales, purchases, input tax credit, and tax paid. It ensures proper compliance with tax regulations and helps the government track tax liabilities and payments.

• GST return filing is mandatory even for NIL returns.
• Returns must be filed on the GST portal through GSTR forms like GSTR-1, GSTR-3B, etc.
• Proper filing avoids penalties and maintains compliance.

Who should file the GST returns?

GST returns must be filed by:

• Every registered business or entity.
• A person having valid GSTIN (based on turnover or legal requirement).
• Businesses with nil turnover are also required to file NIL returns.

Types of GST Registration

The major GSTR forms applicable based on business type include:

• GSTR-1: Outward supplies of goods/services – Monthly/Quarterly
• GSTR-3B: Summary return – Monthly
• GSTR-4: Composition dealer return – Annually
• GSTR-9: Annual return – Annually
• GSTR-10: Final return after cancellation – Once
• GSTR-11: For UIN holders – As applicable