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. Tax payment must be completed before filing a return; failure to do so will result in the return being 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. Each registered taxpayer must file three monthly returns 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 – Details of outward supplies must be submitted monthly by the 10th of the following 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.