GST Return Filing – an Overview
The Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. Every taxpayer registered under GST has to file GST returns. These returns are used to calculate the tax liability by the government. GST is an evolving system of taxation and the government keeps updating the rules and regulations around it. So, it is important to stay up-to-date to be able to file your returns correctly.
Our GST return filing service helps taxpayers like you to get it done easily. Our professionals will take care of the filings so you don’t have to worry about staying up-to-date with laws or watching due dates.
Steps to file GST Returns Online
The government has been making strides towards innovation and automation and has instituted facilities for the online filing of GST returns on the government’s GST portal, through the Goods and Service Tax Network (GSTN).
Step 1: Go to the GST portal – www.gst.gov.in
Step 2: Obtain a 15-digit GSTIN (GST Identification Number), which is issued based on your state code and PAN
Step 3: Upload the relevant invoices on the GST portal. An invoice reference number against each invoice will be allotted to you
Step 4: Once all the invoices, inward returns, outward returns, and cumulative monthly returns are uploaded, verify all the data you have inputted and file your returns.
Documents Required
Invoices issued to persons with GSTIN or B2B invoices.
Invoices issued to persons without GSTIN or B2C invoices. This needs to be submitted only when its total value is above 2.5 lakhs.
A consolidation of inter-state sales.
HSN-wise summary of all goods sold.
Any other debit or credit notes or advance receipts.
