GST Return Filing

GST Returns

Senixa Legal helps you to file GST returns hassle free for your business. Prices Starting from INR 499/- only.

GST Return Filing

GST return filing is an online process in India. GST filing is a very simple 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, GST return filing is mandatory. Non-filing of the same entail heavy penalties.
All registered persons under GST are required to file various returns. The 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 the 20th. However, the government has recently introduced new due dates for filing the form of GSTR 3B. According to which the 20th of the subsequent month would be the due date for the taxpayers whose turnover is above INR 5 crores and for the taxpayers whose turnover is below INR 5 crores, the due date for GSTR 3B would be 22nd for some states and 24th for the remaining states. GSTR 1 is to be filed on a monthly or quarterly basis, depending on the turnover. It is to be filed on the 10th of every month or quarter, as the case may be.

Suggested read: Announcement of Government for the due date for GSTR 1 late fees waiver.
Finally, an annual GST returns 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 a 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 the GST Annual Audit. It is a reconciliation statement which needs to be certified by a practicing Chartered Accountants.

GST Return Cost

Basic

₹ 499/-

Easy EMI's

Transparent Pricing

Checkout

Standard

₹ 2499/-

Easy EMI's

Transparent Pricing

Checkout

Premium

₹ 6399/-

Easy EMI's

Transparent Pricing

Checkout

Various Return Filing under GST

GSTR 3B Filing

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 the 20th of the subsequent month. GSTR 3B once filed cannot be revised.

GSTR 1 Filing

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.

GSTR 9 Filing

All the taxpayers registered under GST are required to file their annual returns in a particular form. That form is called the GSTR 9. The due date of filing of GSTR 9 is 31st December every year. It is a consolidation of all the monthly/quarterly returns (GSTR-1, GSTR-2A, GSTR-3B) filed in that year.

GSTR 9A Filing

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. The due date of filing of GSTR 9A is 31st December every year.

GSTR 9C

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 Filing

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. The due date for GSTR 4 is the 18th of the month subsequent to each quarter.

How to File GST Returns

Step 1
We will remind you before due date
Step 2
Verification and submission of documents.
Step 3
Preparation of GST Return
Step 4
GST Return filed & Ack Generated

Fill Simple Checklist

A compliance manager will get in touch with you to collect your documents along with a simple checklist. You need to fill up that checklist and submit along with your documents for verification. Our team of experts will verify the documents provided by you and take the procedure further. The compliance manager dedicated to you will keep you updated on the progress of Company Registration throughout the process.

Name Approval

Once your documents along with Checklist are submitted, we shall proceed with the application of your Digital Signature and subsequently the approval of name for your Private Limited Company. You may suggest up to three names of your choice. Names should be unique and suggestive of the Company’s business. We will proceed with application for name for your Private Limited Company in Part A of SPICe Plus form.

Registration

We will draft the MOA (Memorandum of association) and AOA (Articles of association). We will file the incorporation documents with MCA through in part B of a form called “SPICe Plus (SPICe +)” along with the subscription statement. Usually, MCA approves the forms within 4-5 days once filed and issues Incorporation Certificate with CIN. PAN & TAN are allotted alongside. You may then proceed to open your Company Bank Account.

FAQs On Return filings under GST

Is GST return filing mandatory in case of no invoicing/no business?

Yes. GST Returns must be filed according to the GST law. GST return filing is mandatory, irrespective of whether or not any transaction has been recorded in a month. In case of non-filing of nil GST Returns, a late fee of ₹100 per day will be chargeable till such delay continues.

Do we need to upload all invoices while GST returns filing?

No. It purely depends upon 2 factors whether you need to upload all invoices while GST return filing-
Whether you are uploading B2B or B2C invoice
Whether you are involved in Intra-state or Inter-state supplies.

Which type of GST invoices have to be uploaded in case of B2B supply?

In the case of B2B supply, all invoices shall be uploaded, regardless of Intra-state or Inter-state supply. Only then, the Input credit can be claimed by the recipient business.

Which type of GST invoices have to be shown in the case of B2C supply?

In the case of B2C supply, invoices, may not be required as the customers shall not take Input credit.
So, in that case, the invoices of value exceeding ₹2.5 lacs are to be furnished in case of inter-state B2C supplies.
In the case of inter-state invoices below ₹2.5 lacs an intra-state supply, state wise summary will be sufficient.

How to revise the GST returns?

Any amendment or revision in a GST return filing is recorded in the rectification return.

How to revise the GSTR-1?

To record an amendment or revision in a GSTR-1 Form GSTR-1A shall be filed.

What is the Maximum Penalty for Not filing GST returns?

In any case, the maximum penalty payable for non-filing of GST return being filed is set at ₹5,000 by the Government.

Who needs to file monthly GSTR-1?

All taxpayers having annual turnover beyond 5 crores needs to file Monthly GSTR-1 till the 10th of every month.

Which type of GST return has to be filed while GST cancellation?

In case of cancellation of GST registration, the Final return GSTR-10 has to be filed. The Form GSTR-10 has to be filed within 3 months after the GST cancellation.

What if the Final GST return not filed?

In case of failure to file final GST return,
Notice shall be sent to the registered person by the authority.
The maximum period for filing GSTR-10 is 15 days time.
In case of failure to serve this notice period, the GST officer shall pass the final order of GST cancellation along with the amount of net GST tax payable and the sum of interest or penalty.

What is the Late fee in case of Annual return GSTR-9?

The late fee in case of late Annual GST return filing in FORM GSTR-9 is ₹200 per day till such delay continues. Out of that, ₹100 is payable under for CGST Act & SGST/UTGST Act respectively.

What is the Maximum Penalty in the case of GSTR-9?

The maximum penalty payable in case of annual GST return filing shall be 0.25% of the Turnover for the respective financial year.

What is the Late fee in case of Late GST return filing?
Late fees in case of Non-filing of GST returns is as follows-

In case of nil transaction in GST return,
A late fee of ₹100 per day will be chargeable until such delay continues.
Out of this ₹, 50 is payable under for CGST Act & SGST/UTGST Act respectively.
In case even a single transaction has been recorded,
A penalty of ₹200 per day will be chargeable until such delay continues.
Out of this ₹, 100 is payable under for CGST Act & SGST/UTGST Act respectively.

Is it mandatory to file a GST return?

Yes, Once you have taken GST registration, you have to file GST Return irrespective of the turnover.

What if I have taken GST Registration but there is no business, do I still need to file GST Return?
Yes, you still have to file GST returns irrespective of the business occurred or not.

What are the types of GST returns need to be file?

Under Normal Scheme, two types of GST returns required to be file i.e. GSTR-1 & GSTR-3B.

What is the due date of GSTR-3B?

GSTR-3B requires to be file every month. The due date of filing the GSTR 3B return is the 20th of next following month.

What is the due date of GSTR-1 Return?

GSTR 1 Return requires details of sales & outward supplies. The due date of this return is the 10th of every Quarter/Month based on turnover.

Which GST return required to be file under Composition Scheme?

Under the Composition scheme, GSTR 4 requires to be a file on a quarterly basis.

What if I don’t file GST Return?

Non-filing of GST return on time will attract a penalty of ₹20-50 per day until GST return for such month/ quarter not filed.

My turnover is not exceeding INR 20 Lakhs Do I still need to file returns?
Once you have obtained GST Registration, You have to file GST returns irrespective of the turnover.

Is filing of GST Return Online mandatory to avail of Input Tax Credit?

Yes, without GST Return filing online you cannot avail of the input tax credit,

Is Digital Signature Required for GST return filing?

No, if you are a sole proprietor or partnership firm, DSC won’t be required, For other business types such as private limited company, public limited company, OPC, and LLP, DSC of authorized signatory is required to file GST return.

Can I file GSTR 1 before GSTR 3B?
No, You can not file GSTR 1 Return before GSTR 3B Return

What is the GST return filing procedure?
You need to provide us sales and purchase details of the period and our professional shall file your GST Return online.

Still, have confusion?

Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@senixalegal.com or call us @+91 9999347181.

Senixa Legal is a body comprising of professionals with intellectual capability.
We are focused in each possible way so that we can offer you the best tax planning alternatives, moving through a conservative approach towards aggressive, counting on the risk factor too so that you get the best option to choose for.

GST Return Filing

GST Returns

START WITH US