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GST Return Filing Services

At VSB Consultants Pvt Ltd, we specialize in GST return filing services, helping businesses stay compliant with India’s Goods and Services Tax (GST) regulations. Filing GST returns is a crucial legal obligation for businesses registered under GST. Timely and accurate GST return filing ensures seamless tax compliance, prevents penalties, and allows businesses to claim Input Tax Credit (ITC) efficiently.

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What is GST Return Filing ?

GST return filing is the process of submitting details of sales, purchases, tax collected, and tax paid to the GST authorities. Registered businesses must file GST returns periodically to ensure proper reconciliation of taxes paid and claimed. GST return filing is mandatory, even for businesses with zero transactions in a particular period.

A GST return includes:

✔ Sales (Outward Supplies) – Details of all taxable and exempt supplies made during the period.
 ✔ Purchases (Inward Supplies) – Transactions eligible for Input Tax Credit.
 ✔ GST Liability & Payments – Taxes collected, tax adjustments, and payments made.

Filing accurate GST returns avoids penalties and ensures compliance with tax laws.

Who Needs to File GST Returns ?

GST return filing is mandatory for:

✔ Regular Taxpayers – Businesses registered under GST Composition Scheme or Normal Scheme.
 ✔ E-Commerce Operators – Online platforms like Amazon, Flipkart, or their sellers.
 ✔ Input Service Distributors (ISD) – Entities distributing ITC among their branches.
 ✔ Non-Resident Taxpayers – Foreign businesses operating in India.
 ✔ Casual Taxable Persons – Temporary businesses or exhibitors in India.

Even businesses with zero turnover in a month must file NIL GST returns to maintain compliance.

Types of GST Returns & Their Due Dates

GST returns vary based on the type of business and nature of transactions. Here are the most common GST returns:

Return Type

Purpose

Due Date

GSTR-1

Monthly return for outward supplies (sales)

11th of every month

GSTR-3B

Monthly summary return for tax payment

20th of every month

GSTR-4

Quarterly return for composition dealers

18th of the month following the quarter

GSTR-5

Monthly return for non-resident taxable persons

20th of every month

GSTR-6

Return for Input Service Distributors (ISD)

13th of every month

GSTR-7

Return for TDS deductors

10th of every month

GSTR-8

Return for e-commerce operators

10th of every month

GSTR-9

Annual return for regular taxpayers

31st December of the following financial year

Timely GST return filing avoids interest charges and penalties for late submission.

Documents Required for GST Return Filing

To file GST returns, businesses need to provide:

📌 GSTIN (Goods and Services Tax Identification Number) – A unique 15-digit GST registration number.
 📌 Invoices of Sales & Purchases – Tax invoices for inward and outward supplies.
 📌 Bank Statements & Financial Reports – Used for reconciling tax payments.
 📌 Input Tax Credit (ITC) Documents – Proof of GST paid on purchases.
 📌 GST Payment Challans – Receipts of GST payments made during the period.
 📌 E-Way Bills (If applicable) – For businesses involved in interstate transport of goods.

Proper documentation ensures error-free GST filing and maximum ITC claims.

Process of GST Return Filing

At VSB Consultants Pvt Ltd, we follow a structured process to ensure timely and accurate GST return filing:

Step 1: Data Collection & Verification

✔ Gather invoices, financial statements, and GST payments.
 ✔ Verify transaction accuracy and reconcile mismatches.

Step 2: Preparation of GST Return

✔ Categorize sales, purchases, and ITC claims.
 ✔ Ensure compliance with GST rules and tax slab applicability.

Step 3: Filing GST Returns Online

✔ File GSTR-1, GSTR-3B, or other applicable returns on the GST portal.
 ✔ Validate GST invoices, tax paid, and tax credit utilization.

Step 4: Tax Payment & Final Submission

✔ Calculate GST liability and pay the balance tax (if required).
 ✔ Submit the GST return before the due date to avoid penalties.

Step 5: Acknowledgment & Compliance Monitoring

✔ Receive GST return filing confirmation.
 ✔ Monitor compliance and send reminders for upcoming filings.

Our experts handle GST filing complexities, allowing businesses to focus on growth.

Why Choose VSB Consultants ?

Get Started Today!

Take the first step toward launching your business with confidence. Our experts will assist you in setting up your sole proprietorship hassle-free.

📞 Call us now on +91 9875991882 or fill out the inquiry form to get expert assistance from VSB Consultants Pvt Ltd!

Frequently Asked Questions (FAQs)

  • +1. What happens if I don’t file my GST returns ?
    ✔ Late filing leads to penalties (₹50 per day for regular taxpayers). Repeated non-filing may result in business deactivation.
  • +2. Can I file GST returns myself ?
    ✔ Yes, businesses can file returns through the GST portal, but professional help ensures error-free filing and ITC optimization.
  • +3. Is GST return filing mandatory for all businesses ?
    ✔ Yes, even businesses with NIL turnover must file GST returns to stay compliant.
  • +4. Can I revise a GST return after submission ?
    ✔ No, once filed, a GST return cannot be revised, but corrections can be made in future filings.
  • +5. What is the penalty for late GST return filing?
    ✔ Late filing attracts a penalty of ₹50 per day (₹20 for NIL returns) and 18% annual interest on unpaid taxes.
  • +6. Can I claim ITC without filing GST returns ?
    ✔ No, businesses must file GST returns on time to claim input tax credit.
  • +7. What is the due date for GSTR-3B filing ?
    ✔ 20th of every month for regular taxpayers.
  • +8. What is the last date for filing the annual GST return ?
    ✔ 31st December of the following financial year.
  • +9. How many types of GST returns are there ?
    ✔ There are over 12 types of GST returns, each applicable to different business types.
  • +10. What is the GST filing process for e-commerce sellers ?
    ✔ E-commerce operators file GSTR-8, while sellers must file GSTR-1 & GSTR-3B monthly.
  • +11. How can I check my GST return status ?
    ✔ Log in to the GST portal and track the status under “Returns Dashboard”.
  • +12. What happens if there is a mismatch in GST returns ?
    ✔ The GST department may issue a notice; discrepancies must be rectified promptly.
  • +13. Can I file GST returns if my business is inactive ?
    ✔ Yes, you must file NIL GST returns even if no business activity occurs.
  • +14. Do I need a CA to file GST returns ?
    ✔ Not mandatory, but professional assistance ensures error-free tax filing.
  • +15. Can I cancel my GST registration if I stop my business ?
    ✔ Yes, businesses can apply for GST cancellation, but pending returns must be cleared first.