Every GST-registered person is required to periodically provide details of sales, purchases, and tax credits (ITC) by 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 professionals will assist you with understanding the applicability and compliance requirements under the new GST framework. 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 GST-registered entities are obligated to file GST returns. GST return filing is compulsory for all GST-registered entities, regardless of whether there was any activity or sales during the return period. All registered taxpayers are obligated to submit three returns each month 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.

Normal taxpayers must file the following forms:

• 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 – The annual return must be filed by December 31st of the next financial year.