All GST-registered individuals must regularly submit details of sales, purchases, and taxes paid (ITC) through filing returns with the 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. For businesses engaged in buying, selling, or providing services, GST registration is required if the annual turnover exceeds Rs.10 lakhs in north-eastern and hill states, and Rs.20 lakhs elsewhere in India. Every entity with GST registration must file GST returns. GST return filing would be mandatory for all GST registered entities, irrespective of whether there was any activity/sale during the return filing period. All registered taxpayers are obligated to submit three returns each month and one annual return. Similarly, there are separate returns for a taxpayer registered under the composition scheme, the taxpayer registered as an Input Service Distributor, or a person liable to deduct or collect tax (TDS/TCS).

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 – Monthly details of inward supplies by 15th of the next month (SUSPENDED).
• Form GSTR-3 – The monthly return, along with the payment of due tax, is required by the 20th of the following month (SUSPENDED).
• Form GSTR-9 – Annual return by 31st December of the next financial year.