GST Returns
Navigate the complexities of GST compliance effortlessly with our expert services. Trust us to handle your GST returns with accuracy and efficiency, ensuring peace of mind for your business.
What is GST Return?
A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability.
Under GST, a registered dealer has to file GST returns that include:
- Purchases
- Sales
- Output GST (On sales)
- Input tax credit (GST paid on purchases)
To file GST returns, GST compliant sales and purchase invoices are required.
Who should file GST Returns?
In the GST regime, the person who are registered with www.gst.gov.in have to file the returns. There are different type of Registration in GST. Main are Regular Registration and other one is Composition Registrations. In any regular business, It has to file two monthly returns and one annual return. This amounts to 25 returns in a year. In some cases, the number 25 may increase to 26. The increase is the annual return having Turnover more than Rs. 2 Cr.
There are separate returns required to be filed by special cases such as composition dealers. Composition Dealers are required to furnish CMP 08 on quarterly basis.
What are different types of GST Returns?
Here is a list of some of the returns to be filed as prescribed under the GST Law.
Return Particulars Filling
| GSTR-1 | Details of outward supplies of taxable goods and/or services affected 1. Turnover more than 1.5 Cr in previous financial year – Monthly 2. Turnover more than 1.5 Cr in previous financial year – Quarterly | Monthly / Quarterly |
| GSTR-3B | Simple Return in which summary of outward supplies along with Input Tax Credit is declared and payment of tax is affected by taxpayer | Monthly |
| GSTR-9 | Annual Return for a Normal Taxpayer | Annually |
| GSTR-9A | Annual Return a taxpayer registered under the composition levy anytime during the year | Annually |
| CMP-08 | Return for a taxpayer registered under the composition levy | Quarterly |
Key Expertise:
- Proficiency in document preparation and submission.
- Attention to detail to ensure accuracy and completeness of GST Returns.
- Stay updated on changes in regulations and compliance requirements.
- Provide personalized guidance and support throughout the GST Returns Process.
Address List
- Office 3A Naya Bazar, Najafgarh, New Delhi 110043
- +91 9654566799
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- ash@taxdhuranders.com