Every person registered under the GST Act has to periodically furnish the details of sales, purchases, and tax paid (ITC) and collected thereon by filing the return with GST Authorities. Payment of due taxes is required before filing a return, or else it will be considered invalid.

Legal Suvidha Experts will help you navigate the GST regime and ensure compliance with its rules. GST registration would be required for all enterprises involved in the buying, selling, or delivery of services exceeding Rs.10 lakhs a year in north-eastern and hill states, while the limit is Rs.20 lakhs for the rest of India. All entities having GST registration would be required to file GST returns. All GST-registered entities must file returns, even if there was no activity or sale in the filing period. Every registered taxpayer will be required to furnish three returns monthly and one annual return. Additionally, separate returns apply to taxpayers registered under the composition scheme, as Input Service Distributors, or individuals responsible for TDS/TCS collection.

These forms are required for regular taxpayers:

• Form GSTR-1 – Monthly details of outward supplies by the 10th of the next month.
• Form GSTR-2 – Inward supply details should be filed monthly by the 15th of the next month (SUSPENDED).
• Form GSTR-3 – Return filing and tax payment are due monthly by the 20th of the next month (SUSPENDED).
• Form GSTR-9 – The annual return must be filed by December 31st of the next financial year.