All you need to know
TGST return filing is completely an online process in India. GST filing is very easy and quick process. However, it is necessary that returns are filed correctly and error-free to ensure that GST credit can be passed onto the next stage. All you need is GST website login credentials to get started. Once your GST registration is done, to file GST return is mandatory. Non-filing of of the same entail heavy penalties.
All registered persons under GST are required to file various returns. Main returns to be filed are GSTR-3B (which is a monthly summary) and GSTR 1 (details of outward supplies).
GSTR 3B is to be filed every month by 20th. However, the government has recently introduced QRMP Scheme according to which if the turnover for a business for previous year is up to 5 crores, you can pay your GST on monthly basis and file your GSTR 3B quarterly.
Suggested read: QRMP- Quarterly Return filing & Monthly Payment of Taxes – A Scheme for small Taxpayers.
Finally, an annual GST return GSTR 9 must be filed by all GST registered entities on/before the 31st of December.
GSTR 4 is to be filed if you have opted for composition scheme. The registered entities will be required to file GST returns even if the entity has not done any business during any period.
Additionally there’s yearly GSTR 9C to be filed, which is GST Annual Audit. It is a reconciliation statement which needs to be certified by a practising Chartered Accountants.
caagrawalkanhere.com is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. Filing online GST Returns is easy, seamless, cheapest and quickest with caagrawalkanhere.com! Apart from online return filing under GST services, caagrawalkanhere.com also helps you to file Income Tax Returns, TDS Returns, PF Returns and ESI Returns easily. Contact caagrawalkanhere to know about GST Return filing process. Inquire for GST return filing service provider for Online GST return, Find out when to file GST return. You may get in touch with our compliance manager on 07552761432 or email info@caagrawalkanhere.com for free query.
Points to make your decision easy
GSTR-3B is a monthly self-declaration, which should be filed by every registered person under GST. It is a simplified summary return of inward and outward supplies Due date of filing of GSTR 3B is 20th of the subsequent month. GSTR 3B once filed can not be revised.
GSTR 1 is the record of all sales. Under this form, the suppliers will have to report their outward supplies during the reporting month. According to the norm, all the registered taxable persons are required to file the same by the 10th of the following month or quarter.
All the taxpayers registered under GST are required to file their annual return in a particular form. That form is called the GSTR 9. Due date of filing of GSTR 9 is 31st December every year. It is a consolidation of all the monthly/quarterly returns filed in that year.
Return GSTR 9A is an annual return to be filed by dealers who have opted composition scheme. It includes all the information furnished in the quarterly returns filed by the composition taxpayers during that financial year. It is to be filed on or before is 31st December every year.
GSTR 9C is a statement of reconciliation between the Annual returns filed in GSTR 9 for a financial year and the figures as per the audited annual financial Statements of the taxpayer. The GSTR-9C must be filed on or before 31st December of the subsequent year.
GSTR-4 is a Return that has to be filed by a Composition Dealer. Unlike a normal taxpayer who needs to furnish 3 monthly returns, a dealer opting for the composition scheme is required to furnish 1 return which is GSTR-4 on or before 18th of the month subsequent to each quarter.
5 Easy Steps
We will remind you before due date
Submit Documents
Verification of Documents
Preparation of GST Return
GST Return filed & Ack Generated
A Compliance Manager will get in touch with you to remind you about your due date of GST Filing and obtain your documents along with a simple checklist. You need to fill up that checklist and submit along with your documents for processing.
Our expert team will verify documents and proceed with return preparation. All throughout the process, your dedicated Compliance Manager will keep you updated on the progress of the filing of GST Return.
We will get your return reviewed from you before filing. Once you approve it, we will file your GST returns online. Upon successful filing, we will send a confirmation email along with the acknowledgment receipt to your registered email ID.
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