Every GST-registered person is required to periodically provide details of sales, purchases, and tax credits (ITC) by filing returns with the 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 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. Every entity with GST registration must 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. There are also distinct returns for taxpayers in the composition scheme, Input Service Distributors, or those liable to deduct or collect TDS/TCS.

Normal taxpayers must file the following forms:

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