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HOMEGST Return

Making your GST return process easier and assisting you to take strain away. We will make it clear and accurate process.
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Rs750
Quarterly GSTR1 returns
GST Returns
  • GSTR-3B - Monthly, GSTR-1 - Quarterly or monthly , and Input Reconciliation
  • Reminders for GST Data sharing and filing
  • consultation over any GST related matters
  • due date compliance
  • *Data should be given only in Excel Format
Rs950
GST Registration / GST Modification
  • Doc Required: Aadhaar , Pan , 1 Photo, Cancelled cheque, Registered office address proof ( like Rent Agreement and electricity bill of premises.)
  • Other Details - Concert letter and authority letter if required , company details (format will be shared)
  • Unlimited Consultation over new GST Registration and documents and style for operation
  • Dedicated expert for you.
  • 100% Money refunded if services not required.
Done fast, done right

GST Return

Goods and Services Tax (GST) is applicable in India from 1st July 2017. Under the new GST regime, nearly 1.4 crore businesses in India have obtained GST registration. All entities having GST registration are required to file GST returns every month. GST return filing is mandatory for all entities having GST registration, irrespective of business activity or sales or profitability during the return filing period. Hence, even a dormant business that obtained GST registration must file GST return. Employers can now easily file PF return through the Unified Portal.

GST Registration Services in India

Persons or entities in India involved in the supply of goods or services must obtain GST registration when the threshold limit for registration is crossed.

In most states, GST registration is mandatory when a person supplies services or goods over Rs.20 lakhs per year.

In addition to the turnover limit, GST registration is compulsory for all persons undertaking eCommerce sales.

Everybody need to file GST?

  • Yes, all taxpayers having GST registration should file GST returns on the 10th, 15th and 20th of each month.
  • Even if there was no business activity or transaction during a month, the taxpayer must still log in to the GST portal and file NIL GST return to avoid penalty.

GST Return Due Dates

  • The following are upcoming GST return due dates:

    • December GSTR-3B will be due on 20th of January 2021.
    • December GSTR-1 return for persons having annual revenue of more than Rs.1.5 crores will be due on 11th January 2021.
    • October – December GSTR-1 return for persons having annual revenue of less than Rs.1.5 crores will be due on 31st January 2021.

    Keep watching this page for the latest updates to GST return due dates.

Composition Scheme Return Filing

All persons registered under the Composition Scheme are require to pay taxes using CMP-08 every quarter and GSTR 4 to be filled annually through the GST Common Portal or through a GST Facilitation Centre. GST return for those enrolled under Composition Scheme is due on the 18th of the month, succeeding a quarter. Hence, GST return for composition scheme would be due on April 18th, July 18th, October 18th and January 18th. The GST return filed by a Composition Scheme supplier must include details of:

  • Invoice wise inter-State and intra-State inward supplies received from registered and unregistered persons
  • Consolidated details of outward supplies made

If a registered person opted to pay tax under composition scheme from the beginning of a financial year, then the taxpayer must file monthly GST returns on the 10th, 15th and 20th of each month and monthly returns till the due date of furnishing the return for the month of September of the succeeding financial year or furnishing of annual return of the preceding financial year, whichever is earlier. Hence, even if a taxable person under GST opted for composition scheme from April onwards, the taxpayer must continue filing monthly GST returns until September.

GST Registration Services in India

Persons or entities in India involved in the supply of goods or services must obtain GST registration when the threshold limit for registration is crossed.

In most states, GST registration is mandatory when a person supplies services or goods over Rs.20 lakhs per year.

In addition to the turnover limit, GST registration is compulsory for all persons undertaking eCommerce sales.

Everybody need to file GST?

  • Yes, all taxpayers having GST registration should file GST returns on the 10th, 15th and 20th of each month.
  • Even if there was no business activity or transaction during a month, the taxpayer must still log in to the GST portal and file NIL GST return to avoid penalty.

GST Return Due Dates

The following are upcoming GST return due dates:

  • December GSTR-3B will be due on 20th of January 2021.
  • December GSTR-1 return for persons having annual revenue of more than Rs.1.5 crores will be due on 11th January 2021.
  • October – December GSTR-1 return for persons having annual revenue of less than Rs.1.5 crores will be due on 31st January 2021.

Keep watching this page for the latest updates to GST return due dates.

Composition Scheme Return Filing

All persons registered under the Composition Scheme are require to pay taxes using CMP-08 every quarter and GSTR 4 to be filled annually through the GST Common Portal or through a GST Facilitation Centre. GST return for those enrolled under Composition Scheme is due on the 18th of the month, succeeding a quarter. Hence, GST return for composition scheme would be due on April 18th, July 18th, October 18th and January 18th. The GST return filed by a Composition Scheme supplier must include details of:

  • Invoice wise inter-State and intra-State inward supplies received from registered and unregistered persons
  • Consolidated details of outward supplies made

If a registered person opted to pay tax under composition scheme from the beginning of a financial year, then the taxpayer must file monthly GST returns on the 10th, 15th and 20th of each month and monthly returns till the due date of furnishing the return for the month of September of the succeeding financial year or furnishing of annual return of the preceding financial year, whichever is earlier. Hence, even if a taxable person under GST opted for composition scheme from April onwards, the taxpayer must continue filing monthly GST returns until September.

Late Fees, Penalty & Interest on GST Returns

GST Cancellation

Failure to file GST returns on time to can lead to penalties and cancellation of GST registration. If GST return is continuously not submitted for six months, then the GST registration would be cancelled, and the person would not be able to obtain another GST registration – unless all the late filing penalty is paid.

Filing NIL GST Return

In case a person has no business, NIL GST return must be filed. Failure to file NIL GST return can lead to a penalty of Rs.20 per day for each of the GSTR-3B return and GSTR-1 return. Penalty of Rs. 50 applicable if there are any sales liability.

Interest Applicable on GST Late Payment

In addition to the above late filing fees, the person would also have to pay interest at the rate of 18% on GST payment remitted late to the Government. Subscribe to our accounting services to avoid late penalty fees in GST.
GST Cancellation

Failure to file GST returns on time to can lead to penalties and cancellation of GST registration. If GST return is continuously not submitted for six months, then the GST registration would be cancelled, and the person would not be able to obtain another GST registration – unless all the late filing penalty is paid.

Filing NIL GST Return

In case a person has no business, NIL GST return must be filed. Failure to file NIL GST return can lead to a penalty of Rs.20 per day for each of the GSTR-3B return and GSTR-1 return. Penalty of Rs. 50 applicable if there are any sales liability.

Interest Applicable on GST Late Payment

In addition to the above late filing fees, the person would also have to pay interest at the rate of 18% on GST payment remitted late to the Government. Subscribe to our accounting services to avoid late penalty fees in GST.

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FAQ's

Who should file GST Returns?

Under GST, every person or entity registered under GST would be required to file a GST return for the prescribed period. Even those entities having a GST registration but no activity would be required to file a GST Nil Return to stay compliant with GST regulations.

How often would I have to file GST Returns?

Regular taxpayers would have to file GSTR-1 (details of outward supplies), GSTR-2 (details of inward supplied) and GSTR-3 (monthly return). GSTR-1 would be due on the 10th of each month, GSTR-2 would be due on the 15th of each month and GSTR-3 would be due on the 20th of each month. Compounding taxpayers must file GSTR-4 every quarter, on 18th of the month next to the quarter.

In addition to the monthly or quarterly returns, an annual return must be filed by all persons or entities registered under GST. The due date for filing of annual GST return would be 31st of December following the end of financial year. In case of assesses having to complying with auditing requirements, the GST reconciliation statement must be duly certified by a Chartered Accountant.

What is penalty for not filing GST Returns?

All GST Return non-filers will be tracked by the GST Department and a list of GST return defaulters will be provided to the respective GST authorities for followup and enforcement action. The GST law would also include an imposition of automatic late fee for GST Return non-filers and late filers.

How to file GST Returns?

GST Returns must be filed online. There would also be a facility to prepare the returns offline and upload the same into an online portal.

Can GST Return be Revised?

There would be no procedure or revision of a GST Return. All unreported invoices of the previous tax period must be included in the return for the current month and interest, if any would be applicable.

Who should file GSTR1 return?

Under GST, all taxpayers, other than an input service distributor, a non-resident taxable person, casual taxable person and a person paying tax under the GST composition scheme are required to file GSTR1 return.

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Solar Costa Campos, 31 Jan road, Panjim, Goa
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LocationOffice Address
Solar Costa Campos,
31 Jan road,
Near Panjim post office,
Above prakash laundry,
Panjim, Goa
AARVY CONSULTANTS PRIVATE LIMITED
CIN - U74900GA2015OPC007761
GST No.: 30AANCA9330K1ZM
PAN - AANCA9330K
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