GST RETURN FILING

GST returns essentially stands for filing of all GST. Every individual who is covered under the GST Act must produce their income to the Tax Department of India. This is known as return and it includes details of every sale and purchase.

While recording the taxable transactions with Government, the taxpayer is also required to pay the amount of tax collected from an outward supplier of goods or services after the deduction of Input Tax Credit (ITC).

Benefits of GST Filing

Seamless flow of Input Tax Credit

Avoiding penalty and paying of interest on outstanding tax liability

Achieve higher compliance rating

Documents Required

DSC of Authorised Partner or Director, as cases apply

Log-in credentials of the registered person

GST Registration Certificate

Details of the inward and outward taxable supplies along with the invoice details