Our GST Return Filing Experts can have your GST Returns filed in just 4 days!

Intro

GST NIL Returns

Expert Consultation
GST Return Types Excluded¹
Data Collection through Tally or any GST/Accounting software/CSV
Filing of GST Returns Online
Call, Chat(WA),& Email Support
Frequent Updates through your filingbee account

1 Month Plan

₹ 699/-

Select Plan

1 Quarter Plan

₹ 2299/-

Select Plan

12 Months Plan

₹ 6299/-

Select Plan

Base

GST Returns upto
150 Invoices /Month

Expert Consultation
GST Return Types Excluded¹
Data Collection through Tally or any GST/Accounting software/CSV
Filing of GST Returns Online
Call, Chat(WA),& Email Support
Frequent Updates through your filingbee account

1 Month Plan

₹ 1699/-

Select Plan

1 Quarter Plan

₹ 3599/-

Select Plan

12 Months Plan

₹ 12999/-

Select Plan

Pro

GST Returns Upto
500 Invoices/Month

Expert Consultation
GST Return Types Excluded¹
Data Collection through Tally or any GST/Accounting software/CSV
Filing of GST Returns Online
Call, Chat(WA),& Email Support
Frequent Updates through your filingbee account

1 Month Plan

₹ 2299/-

Select Plan

1 Quarter Plan

₹ 5299/-

Select Plan

12 Months Plan

₹ 16999/-

Select Plan

Got Queries?

Get in touch with our experts by filling in your details

1. There is an additional fee for filing GSTR 4,9,& 9C

As per the following timeline,
your selected plan will be processed

Day 1-2

Collect

We collect the necessary information through the prescribed format for GST Return Filing.

Day 3-4

Draft

We reconcile the information & Prepare GST Return. Tax payment by the taxpayer (if applicable)

Day 5-6

Process

We proceed to submit the GST Return Online & share the acknowledgment with you.

Finally

Government processing time.

GST Return Filing: An Overview

As part of the GST regime, businesses have to file their returns monthly, quarterly, and annually using the GST portal maintained by the Government of India. They must provide details of the sales and purchases of goods and services as well as the taxes collected and paid for GST Return Filing.

The GST return is a document where the taxpayer (each GSTIN) reports all income, sales, expenses, and purchases submitted to the tax authority. Tax authorities use this to calculate their net tax liability.

Under GST, a registered dealer has to file GST returns that broadly include:

Purchases
Sales
Output GST (On sales)
Input tax credit (GST paid on purchases)

A comprehensive income tax system in India, such as GST, will ensure that taxes are processed transparently and straightforwardly. Individuals will file GST returns on four forms: supplies, purchases, monthly returns, and annual returns. Those who have opted for a composition scheme will have to file quarterly returns. The filing of all returns will be done online.

What are the benefits of GST Return Filing?

GST eliminates cascade effects

In the past, tax on tax was often paid for a single transaction. GST eliminated several taxes such as central excise duty, service tax, customs duty, and state-level value-added tax, so you are no longer subject to paying taxes on taxes. You save money this way.

Organized system

The tax filing system was disorganized before GST. As a result of introducing GST, all taxes are now paid online, and significant hassles associated with filing taxes have been eliminated.

Seamless flow of ITC

A supplier's tax already paid is deducted from its tax liability. It is possible to pass on the Input Tax Credit to the buyer only if the tax paid and collected transaction is recorded by filing a return by both parties. If a return is not filed on time, the registered person cannot claim the input credit.

Avoid penalties and interest.

For each day the return is delayed until the actual filing date, the taxpayer will be charged a late fee of Rs. 50. To avoid such heavy penalties, the return must be filed as soon as possible. To avoid the late fee of Rs.20 for each day the return is delayed, even taxpayers with no tax liability must file their returns. The outstanding tax is subject to 18% interest per annum.

Types of GST Return Filing

In accordance with the nature of the transactions, the GSTN has prescribed different types of forms for return filing.

GSTR - 1

Details of outward supplies

GSTR - 3

Finalised details of the supplies with payment of taxes

GSTR-3B

Tax return in which the taxpayer declares their outward supplies along with their input tax credit and pays the tax due.

GSTR - 4

Quarterly return by Composition Taxpayers

CMP-08

Statement-cum-challan for tax payments by taxpayers under the composition scheme.

GSTR - 5

Return by Non-Resident Foreign Taxpayer

GTSR - 6

Monthly return by Input Tax Distributor (ISD)

GSTR - 7

Monthly return by the Tax deductor

GSTR - 8

Monthly return by an e-commerce operator

GSTR - 9

GST Annual Return for normal taxpayers

GSTR-10

Taxpayer's final GST return if registration has been cancelled.

GSTR-11

Details of inward supplies to be furnished by a person having UIN and claiming a refund

List of Documents Required for
GST Return Filing

Applicant Documents

GST Registration Certificate
DSC of Authorised Director/Partner

Supporting Documents

Consolidated data as per the prescribed format
Invoices/Data of the inward and outward supplies

NOTE:

*We will collect additional documents based on the information you provided to the filingbee.

Here Are Some Frequently Asked Questions

Every registered taxpayer must file GSTR-1 every month. The QRMP scheme, on the other hand, requires you to file quarterly returns only.

Each month, GST has to be paid by the due date. Paying GST is the first step, followed by filing returns.

GST registered persons are required to obtain an EWay Bill when they move goods via vehicles over Rs. 50,000 in value. The e-Way Bill Portal (https://ewaybillgst.gov.in/) allows you to register for e-Way bills.

GST considers any supply of taxable goods or services as a taxable event, whether for a consideration or not. These include sales, transfers, barter, exchanges, licenses, rentals, leases, and disposal.

QRMP is available to registered taxpayers with a turnover of less than or equal to 5 crores in the previous financial year. By adopting this scheme, businesses will be allowed to file quarterly rather than monthly. Every month, taxes must be paid.

GST returns cannot be revised. Therefore, it is advised to hire professionals to file your taxes. There can be changes made to the information in the next period's amendment section.

To upload the return, the prescribed information from the invoices, including the HSN codes for the suppliers of the goods and the accounting codes for the suppliers of the services, must be included. During the reporting period, you must have information on any sales, purchases, and expenditures that occurred.

A client is required to provide transactional details every month. In the filingbee shared format, this must be done manually. One can also opt to extract data from the accounting software (GST Ready Software), and after a thorough review, the experts will file the GST return.

You must file the GSTR-8 return if you allow suppliers to sell goods and services through your site. Individuals who use their website to sell their products or services need not file this return. Before the 10th of next month, the GSTR-8 must be filed.

Make sure your GSTR-2 includes the purchase. The GSTR-1A of your vendor will reflect the mismatch between your GSTR-1 and GSTR-2. Your vendor will be able to update their GSTR-1 and GSTR-1A and identify any mismatches between their GSTR-2 and the GSTR-1A. You will receive an automatic update to your GSTR-1 once your vendor accepts the changes shown in the GSTR-1A.

A registered dealer is required to file these returns:

Monthly Return:
Within the due date prescribed for each month, every registered taxable person must submit an electronic return detailing inward and outward supplies of goods and services, input tax credits, tax payable, and tax paid.
Return for composition scheme:
For every quarter or part thereof, dealers paying tax under the composition scheme must electronically submit their returns within 18 days of the end of the quarter.
TDS return:
Dealers who must deduct taxes at source must file a return electronically within 10 days after the end of the month in which the deduction was made.

Returns for input service distributors:
Within 13 days after the end of each calendar month or part thereof, each input service distributor is required to file an e-return.

First Return:
In the month in which the registration is granted, every registered taxable person who pays CGST/SGST on intrastate supplies of goods and/or services shall file their first return until the end of the month in which the registration was granted.
Annual return:
Each registered taxable person must file an annual return each year. Following the end of the particular financial year, you must do this by or before the 31st of December.
Final return:
An individual whose registration is cancelled must file a final return within 3 months of the cancellation order date or the date of cancellation, whichever is later, in a prescribed form.

When goods are delivered, the earliest of the following shall apply:

Date of invoice issuance by the supplier or;
The last date by which the invoice must be issued, as per the prescribed period;
Date when a supplier enters a payment in their books;
Date when the payment is credited to their bank account

The time of supply of services shall be the earliest of the following:
Case:1 Invoices issued within the stipulated time frame

Date of invoice issuance by the supplier or;
Date on which the supplier enters a payment in their books of account or;
Date of crediting the payment to his bank account

Case:2 Where an invoice is not issued within the prescribed time frame

The date the service is rendered;
The date on which the supplier enters a payment into their accounting books;
Date of crediting the funds to their account

The time of supply of goods or services under reverse charge shall be the earlier of:

Date of receipt of goods (This is only in connection with the supply of goods and not services);
Date of entry in the books of account of the receiver;
30 days after the date of invoice issued by the supplier. (In case of service supply, the date immediately following 60 days from the date of invoice issued will be used.)

A registered dealer is required to file these returns:

Monthly Return:
Within the due date prescribed for each month, every registered taxable person must submit an electronic return detailing inward and outward supplies of goods and services, input tax credits, tax payable, and tax paid.
Return for composition scheme:
For every quarter or part thereof, dealers paying tax under the composition scheme must electronically submit their returns within 18 days of the end of the quarter.
TDS return:
Dealers who must deduct taxes at source must file a return electronically within 10 days after the end of the month in which the deduction was made.

Returns for input service distributors:
Within 13 days after the end of each calendar month or part thereof, each input service distributor is required to file an e-return.

First Return:
In the month in which the registration is granted, every registered taxable person who pays CGST/SGST on intrastate supplies of goods and/or services shall file their first return until the end of the month in which the registration was granted.
Annual return:
Each registered taxable person must file an annual return each year. Following the end of the particular financial year, you must do this by or before the 31st of December.
Final return:
An individual whose registration is cancelled must file a final return within 3 months of the cancellation order date or the date of cancellation, whichever is later, in a prescribed form.

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GST Return Filing in India