All about GST Return Filing

• September 5, 2020
• CA Chandan Agarwal's Office

Brief Background

Every person once registered is mandatorily required to file the return within the due date as prescribed under the Act whether on the monthly or quarterly basis. It is a document filed by the registered mentioning the details of purchase as well as sell for a specific period of time, to be more precise he shall fill all the details regarding sale, purchase and details of input. The return is required to be filed online. In case the return(s) is not filed within the specified due time lines otherwise it shall attract provisions with regard to late fees alongwith interest in subsequent month.

Filing of GST return

Regular registered dealer shall file prescribed returns within the due date as provided under the Act, GSTR 3B is a summary return in which details with regard to, sales, purchase and input tax as well as output tax can be shown. It is also mandatory to file GSTR 1 return before 11^th of the subsequent month however for eligible person the same can be filed quarterly (if opted).

Read more on: https://taxguru.in/goods-and-service-tax/gst-return-filing.html