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. 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.

The following forms are applicable for normal taxpayers:

• Form GSTR-1 – Details of outward supplies must be submitted monthly by the 10th of the following month.
• Form GSTR-2 – Inward supply details should be filed monthly 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.