Overview
GST return filing involves reporting sales, purchases, tax collected, and tax paid to the government. Timely and accurate filing of GST returns like GSTR-1 and GSTR-3B is mandatory for all registered taxpayers.
Documents Required
- Sales invoices
- Purchase invoices
- Credit & debit notes
- Bank statements
- E-way bill details (if applicable)
GST Return Filing Process
- Data reconciliation by accountant
- Preparation of GSTR-1 & GSTR-3B
- Tax calculation & payment
- Return filing using DSC/EVC
- Acknowledgement & compliance tracking
Advantages
- Avoid late fees & penalties
- Correct ITC utilisation
- Error-free compliance
- Professional handling & peace of mind
FAQ
Q. How many GST returns are filed monthly?
Usually 2 – GSTR-1 and GSTR-3B.
Q. What is the penalty for late filing?
₹50 per day (₹20 for NIL return), subject to limits.