GSTR 1 - This is a monthly return that should be filed by every registered taxpayer, which contains details of all outward supplies i.e sales.
GSTR 3B - This is a summary return with contains the detail of net tax liability based on the output & input tax. Due date of filing this return is 20th of every month.
CMP 08 - A taxpayer who has opted for the composition scheme has to file CMP-08 for every quarter.
GSTR5 - Every registered non-resident taxable person is required to furnish a return in GSTR-5.
GSTR 6 - This is a monthly return that has to be filed by an Input Service Distributor.
GSTR 7 - This is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST
GSTR 8 - This is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST.
GSTR 9 - This is an annual return to be filed yearly by taxpayers registered under GST.
Avoid Penalty - Failure to file GST return leads to a stringent daily late filing penalty i.e Rs. 200 per day and maximum upto Rs. 5000 of each return.
Avoid Cancellation - Your GST Registration certificate will be cancelled if you don’t file GST Return.
Input Tax Credit - Neither you nor your customer can avail ITC if you don’t file GST Return.
E- way Bill - In case a trader has not filed GST returns for 2 successive months, he can’t generate E-way Bill for transportation of goods.
Steps Involved?
Receive Documents.
Application Drafting.
Review and Changes
GST Return Filing
Required Documents for GST Return Filing
List of all invoices issued to persons having GSTIN – B2B Invoices.
List of all invoices issued to persons not having GSTIN (B2C invoices), wherein the invoice value is more than Rs.2.5 lakhs.
Consolidated intra-state sales, categories by GST rates
Consolidated intra-state sales made through an e-commerce operator, categories by GST rates
Consolidated inter-state sales, categories by state and GST rates
Consolidated intra-state sales made through an e-commerce operator, categories by state and GST rates
Details of all export bills must be uploaded to the GSTN.
Summary of debit note, credit note, advance receipt and amendments.
