GST Return Filing
Get your GST Return File in just one click.
(Price inclusive of all charges)
|Monthly Return||Rs. 1,500|
|Quarterly Return||Rs. 4,000|
What is Return Filing under GST?
Every person who is registered under GST is compulsory to file GST Returns on a Monthly, Quarterly and Annual Basis based on the Gross Turnover of the Business. Following details are required to file GST returns:
- Sale Detail during the month.
- Purchase Detail during the month.
What are the types of GST Returns and Due Date?
There are many types of Returns under GST Laws but the following are the Returns under GST which are compulsory to comply with currently.
|S. No.||Type of GST Return||Purpose of the Return||Frequency of Filing||Due Date of Filing|
|1.||GSTR-1||Details of outward supplies of the taxable Goods and/or Services.||Monthly Or Quarterly (If opt QRMP Scheme).||11th of Next month for monthly filer Or 13th of Next month of the Quarter ending for quarterly filer (Note: Quarterly filer has the option to file monthly return but not compulsory).|
|2.||GSTR3B||Summary of outward supplies along with Input Tax Credit (ITC) that is declared and the payment of the tax is affected by the taxpayer.||Monthly Or Quarterly (If opt QRMP Scheme).||20th of Next month for monthly filer Or 22nd or 24th of Next month of the Quarter ending for the quarterly filer.|
|3.||CMP-8||Statement cum challan to make a tax payment by taxpayer registered under the composition scheme under Section 10 of the CGST Act.||Quarterly||18th of Next month of the quarter ending.|
|4.||GSTR-4||Return to be filed by a taxpayer who is registered under the composition scheme under Section 10 of CGST Act.||Annually||30th of the month after the end of the Financial Year.|
|5.||GSTR-5||Return to be filed by a non-resident taxpayer.||Monthly||20th of the next month|
|6.||GSTR-6||Filed by the Input Service Distributor to distribute the eligible Input Tax Credit (ITC).||Monthly||13th of the next month|
|7.||GSTR-7||Filed by the Govt Authorities||Monthly||10th of the next month|
|8.||GSTR-8||Details of supplies that are affected through the eCommerce operators and the amount of tax that is collected at the source (TCS) by them.||Monthly||10th of the next month|
|9.||GSTR-9||Annual return for a normal taxpayer.||Annually||30th December of end of the Financial Year.|
|10.||GSTR9C||Certified reconciliation statement.||Annually||30th December of end of the Financial Year.|
|11.||GSTR10||Filed by the taxpayer whose GST registration is canceled/surrendered.||Once the GST registration gets canceled/surrendered.||Within three months from the date of cancellation/surrender or cancellation order whichever is later.|
|12.||GSTR11||Details of the inward supplies furnished by a person who has UIN and also claim a refund.||Monthly||28th of the next month.|
How myaccountants.in can help you to file your GST Returns?
myaccountants.in has knowledgeable and experienced team members to guide you and resolve your queries related to everything about GST Return Filing. You can follow the steps given below to get your GST Return File through us.
Step 1. Book your service by making payment for selected service and you can ask queries related to the service in case of any doubt.
Step 2. After receipt of your payment, our team member will contact you to understand your requirements and guide you to send the required documents and GST returns.
Step 3. Our team will start the process of GST Return Filing on the same day you provide the required documents, returns, and information.
Step 4. Our team members will prepare the working, calculation, and statement for GST Return Filing.
Step 5. Our team member will send you the calculation of the amount of GST Payable and Input Tax Credit (ITC) to confirm the Return filing.
Step 6. After confirmation is received from your side, our team member will file the return and will inform you to pay the tax (if payable).
Step 7. After successful payment of tax on the GST portal from your side, our team member will submit the return and ask you the OTP (in the case of proprietorship and partnership) to authenticate the submitted return. Our team member will inform you to authenticate the submitted return through DSC (in the case of LLP / Company).
Step 8. After successfully filing the GST return, our team will send you a copy of filed return on your email ID.
General Questions and Doubts related to GST Return Filing.
Q 1. Is Filing of Return Compulsory if no sale and no purchase in any particular month/quarter?
Ans. Yes, return filing is compulsory even in case of no sale and no purchase in any particular month/quarter.
Q 2. Whether the due date of filing GSTR-3B is 22nd or 24th of the next month of the quarter ending for quarterly filing?
Ans. The due date of filing of GSTR-3B is 22nd of next month of the quarter ending for quarterly filing in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union Territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman, and the Nicobar Islands and Lakshadweep.
The due date of filing of GSTR-3B is 24th of next month of the quarter ending for quarterly filing in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, the Union Territories of Jammu and Kashmir, Ladakh, Chandigarh, and New Delhi.
Q 3. What are GSTR-2A and GSTR-2B?
Ans. GSTR-2A is a purchase-related dynamic tax return that is automatically generated for each business by the GST portal. When a seller files his/her GSTR-1, the information is captured in GSTR-2A. It takes the information of Goods and/or Services that have been purchased/received in a particular month from the seller’s GSTR-1.
GSTR-2B is an auto-drafted ITC statement that will be generated for every registered person on the basis of the information furnished by his/her suppliers in their respective GSTR-1, GSTR-5, and Input Tax Credit (ITC) received through GSTR-6. The statement will indicate the availability of Input Tax Credit (ITC) to the registered person against each document filed by his/her suppliers and the Input Service Distributor (ISD).
Q 4. What are the penalties, late fees, and interest for non-filing of GST return within the due date?
Ans. Late Fees: Currently late filing of GSTR-1 and GSTR-3B return is Rs. 50 per day (Rs. 25 under CGST and Rs. 25 under SGST) if there is any payment of tax. In case of nil return, the amount of late fees is Rs. 20 per day (Rs. 10 under CGST and Rs. 10 under SGST). Such a late fee is subject to a maximum of Rs. 5,000.
Interest on late payment of tax: Currently, the rate of interest is 18% per annum.