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A GST return is a document that contains all of the information about your sales, purchases, sales tax (output tax), and tax on purchases (input tax) . You must pay the tax liability that results from filing GST returns (money that you owe the government).
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GST Return Filing

An Overview - Online GST Return Filing in India

According to the GST law, GST return filing is mandatory for each and every company / LLP / Individual registered under the GST. GST return shows the tax collected and paid on sales and purchases respectively.

Individual taxpayers must file four types of GST returns: returns for supply, returns for purchases made, monthly returns, and yearly returns.

GST is a developing taxation system, and the government is constantly revising the laws and regulations that regulate it. As a result, it's critical to stay informed in order to file your returns appropriately.

Benefits of Online GST Return Filing with Startup Club India

Step 1: Notification of deadlines

We keep you up to date on approaching return filing deadlines. This way, we can ensure timely filing and avoid the late filing penalty.

Step 2: Uploading of Details and Documents

Filing returns requires a lot of information and documentation (mentioned above). For uploading the documents, we provide you with your own personal dashboard. The dashboard will make it easier for you to keep track of your records by streamlining the process. You can upload transactions as they happen.
Our skilled team will produce your GST forms once you have submitted the essential information.

Step 3: Review before final submission.

You will receive the completed paperwork for inspection and approval. Only after your consent, we will file the returns. Following the filing, an ARN number will be generated and shared with you. Once the process is complete, you will receive an acknowledgement to the email address you gave during registration.

Types of GST Returns

Following are the types of GST Returns:

GSTR-1

GSTR-1 is the form that must be completed to report all outward supplies of goods and services. In other words, it contains all of the invoices and debit-credit notes generated throughout a tax period.

GSTR-1 is required to be filed by all regular taxpayers, including casual taxable persons, who are GST registered.

GSTR-2

GSTR-2 is a temporarily suspended GST return used by registered buyers to report inbound supply of goods and services, or purchases made during a tax period.

GSTR-2A

GSTR-2A is a dynamic GST return that is only viewable by the recipient or buyer of goods and services. It includes information on all inward supply of goods and services, such as purchases made from GST-registered vendors, throughout a tax period.

The data is auto-populated from the GSTR-1 forms filed by the associated vendors and data entered by the QRMP taxpayer in the Invoice Furnishing Facility (IFF).

GSTR-2B

GSTR-2B is a static, view-only GST return that is significant to the recipient or buyer of goods and services. It will be provided every month started from August 2020 and will contain continual ITC data for a period of time whenever it is checked.

GSTR-3

The GST return GSTR-3 has been suspended for now. It was a monthly summary return that described all outward supplies made, inward supplies received, and input tax credit claims, as well as tax obligation and taxes paid.

GSTR-3B

GSTR-3B is a monthly self-declaration that must be filed with the IRS to provide a summary of all outward supplies made, input tax credits claimed, tax obligation determined, and taxes paid.

GSTR-4

GSTR-4 is the yearly return that composition taxable persons were required to file under GST by the 30th of April of the year after the relevant financial year. From FY 2019-20 onwards, it will replace the GSTR-9A (annual return).

This return had to be filed on a quarterly basis prior to FY 2019-20. After then, it was replaced by a basic challan in form CMP-08, which had to be filed by the 18th of the month after each quarter.

GSTR-5

GSTR-5 is the return that must be filed by non-resident foreign taxpayers who are registered for GST and conduct business in India. The report includes information on all outbound supplies, inbound supplies, credit/debit notes, tax liabilities, and taxes paid.

GSTR-6

GSTR-6 is a monthly return that an Input Service Distributor must file (ISD). It will carry the detail of ISD's receipt and distribution of input tax credits. It will also include a list of all documents issued for the distribution of input credit, as well as the way in which they were distributed.

GSTR-7

GSTR-7 is a monthly return that must be filed by persons who is obligated to deduct TDS (tax deducted at source) under GST system. TDS deducted, TDS liability payable and paid, and TDS refund claimed, if any, will all be included in this form.

GSTR-8

GSTR-8 is a monthly return that must be filed by e-commerce operators who are obligated to collect tax at source under the GST (TCS). It contains information about all orders placed through the e-commerce site, as well as the TCS collected.

GSTR-9

GSTR-9 is the annual return that GST-registered taxpayers must file. According to GST rules, it must be submitted by the 31st of December of the year following the relevant financial year.

It includes a summary of supplies made during the reporting financial year, as well as details of taxes payable and paid for all outward supplies made and inward supplies received throughout the relevant financial year under various tax headings, such as CGST, SGST, and IGST.

GSTR-9A

GSTR-9A is currently suspended, which composition taxpayers were previously required to file. It was a compilation of all quarterly returns submitted during that fiscal year.

GSTR-10

A taxable individual whose registration has been cancelled or relinquished must file GSTR-10. This return, also known as a final return, must be filed within three months of the cancellation date or cancellation order, whichever comes first.

GSTR-11

GSTR-11 is the return which used by individuals who have been issued a Unique Identity Number (UIN) to receive a GST refund for goods and services purchased in India. For the purpose of obtaining a tax refund, UIN is a category created for foreign diplomatic missions and embassies.

A Detailed process - How to file GST Return

Following are the steps that are to be followed for filing a GST Return:

  • 1

    Verify that you are GST registered and have your 15-digit GST identification number, which is based your state code and PAN.

  • 2

    Next, go to https://www.gst.gov.in/ to access the GST Portal.

  • 3

    Select ‘Services' from the drop-down menu.

  • 4

    Select ‘Returns dashboard' from the drop-down menu, and then select the financial year and return filing period from the drop-down menu.

  • 5

    Click on ‘Prepare online' after selecting the return you want to file.

  • 6

    Fill in all of the needed information, including the supply and receipt and the late fee, if any.

  • 7

    When you've finished filling in all of the details, click 'Save,' and you'll get a success message on your screen.

  • 8

    To file the return, go to the bottom of the page and click ‘Submit.'

  • 9

    Scroll down and click the ‘Payment of tax' tile after the status of your return changes to ‘Submitted.'

  • 10

    Then, click on ‘Check balance' to see your cash and credit balances, so you know how much tax you need to pay for each minor head.

  • 11

    To clear your liabilities, you must first specify the quantity of credit you wish to spend from the credit that is already available.

  • 12

    Then, to make the payment, click on ‘Offset obligation.' When a confirmation message appears, select ‘OK.'

  • 13

    Finally, select an authorised signatory from the drop-down list by checking the box next to the declaration.

  • 14

    After that, click on either ‘File form with DSC' or ‘File form with EVC,' and then ‘Proceed.

Late fees/Penalty for late filing of GST Returns

  1. Fees for GSTR-3B late filings

    2. For NIL returns, late fee is Rs. 20 (Rs. 10 for CGST and Rs. 10 for SGST) each day, while for other returns, late fee is Rs. 50 (Rs. 25 for CGST and Rs. 25 for SGST). A return in which there is no sales but has purchases is also considered as NIL return. The maximum penalty for each return will be Rs. 10,000 (Rs. 5,000 for CGST and Rs. 5,000 for SGST).


    GSTR-3B late fees for a month must be paid in the following month. You can't file next month return until you've paid the prior month's late fees.


  2. GSTR-9 and GSTR-9A Late Fees

    3. GSTR-9 and GSTR-9A late fee is Rs. 200 per day (Rs. 100 for CGST and Rs. 100 for SGST) up to 0.50 percent (0.25 percent for CGST and 0.25 percent for SGST) of revenue.


  3. Fees for GSTR-10 late submissions

    4. GSTR-10 late fee is Rs. 200 per day (Rs. 100 for CGST and Rs. 100 for SGST). The amount of the penalty has no upper limit. Late fees must be paid in order for your return to be filed.

FAQs on Online GST Return Filing

A GST return is a document that contains all of the information about your sales, purchases, sales tax (output tax), and tax on purchases (input tax). You must pay the tax liability that results from filing GST returns (money that you owe the government).
A GST invoice is a bill or receipt for items supplied or services provided to a customer by a merchant or service provider. It specifies the services/products, as well as the total price owed.
All businesses that are registered under the GST system are required to file GST returns. The filing procedure must be determined based on the nature of the company.
All types of GST returns are mentioned above.
A company that has an annual revenue of more than Rs 20 lakhs (in case of Service)/ Rs. 40 Lakhs (In case of Goods) is required to register under the Goods and Services Tax. For North Eastern and hilly states designated as special category states, the maximum is set at Rs 10 lakhs.
Follow the steps mentioned above to file a GST return.
In the case you fail to furnish the GST return filing before the due dates, you will be charged with penalty or late fee.

Why Startup Club India?

GST Return filing is now very simple with an online process. You can get your GST return filing on time with 100% accuracy. We, Startup Club India provide excellent service to taxpayers with all documentation procedures.

We will help you in

  • Computation of monthly GST liability
  • Monthly GST accounting
  • Payment of GST liability
  • GST Return Filing
  • GST Documentation

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