Every GST-registered person is required to periodically provide details of sales, purchases, and tax credits (ITC) by filing returns with the GST Authorities. Before filing any return, payment of tax due is a prerequisite; otherwise, such return will be 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. All entities having GST registration would be required to 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. Every registered taxpayer will be required to furnish three returns monthly 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 inward supply details are due by the 15th of the next month (SUSPENDED).
• Form GSTR-3 – Monthly return along with payment of due tax by the 20th of the next month (SUSPENDED).
• Form GSTR-9 – Annual return by 31st December of the next financial year.