Online GST Return Filing
After the completion of GST Registration, one has to file for GST Return with the Government organization. Under Goods and Services Tax Return, all the information is provided by the taxpayer is securely protected and housed by GSTN. Goods and Services Tax Network are a non-profit organization which is generally promoted by the central and state governments respectively. This helps in boosting the technical infrastructure and services, which are required for implementing GST reform in the country.
How File Online GST Return?
✓. First, call us +91 9971764268 and provide your complete documents at info@accountantfirm.in
✓. A taxpayer is required to be equipped with 3 monthly returns and 1 annual return.
Are You Confused That What To File???
Dear taxpayer, don’t worry! Details about a registered taxpayer with an annual turnover of 20 Lakhs or more and 10 Lakhs in the north-eastern and other hilly regions are as follows.
A. (GST Return Filing) GSTR 1: It is a statement of outward supplies and has to be paid by all registered taxable users. Under this statement, one to file returns by the 10th of every month.
B. (GST Return Filing) GSTR 2: It is a statement of inward supplies. Here, the receiver taxpayer of the goods and services has to file tax returns by the 15th of every month.
C. (GST Return Filing) GSTR 3: It is a centralized file which consolidates the following information.
D. Auto-population of aggregate level outward and inward supply information.
E. Tax Payable & Tax Paid.
F. ITC ledger.
It is to be filed by the 20th of every month.
✹. Yearly Return: A taxpayer has to provide the complete details of the entire year’s expenses and income. It is to be filed by the 31st December of the next financial year.
✹. Penalty: In case, if you are unable to pay Online GST Return Filing on time, then you will be penalized with Rs.50 per day and it can go up to Rs.5000.
