All GST-registered individuals must regularly submit details of sales, purchases, and taxes paid (ITC) through 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 guide you on the applicability and compliances under the new GST regime. 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. 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.

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 – Return filing and tax payment are due monthly by the 20th of the next month (SUSPENDED).
• Form GSTR-9 – Annual return by 31st December of the next financial year.