GST Return Service in Delhi.

GST Return is a document that contains information about the goods and services supplied by a taxpayer during a specific period. Here’s a detailed guide:

Types of GST Returns:

1. GSTR-1: Details of outward supplies (sales)
2. GSTR-2: Details of inward supplies (purchases)
3. GSTR-3: Summary of outward and inward supplies
4. GSTR-4: Return for composition dealers
5. GSTR-5: Return for non-resident taxpayers
6. GSTR-6: Return for input service distributors
7. GSTR-7: Return for authorities deducting TDS
8. GSTR-8: Return for e-commerce operators
9. GSTR-9: Annual return
10. GSTR-10: Final return (for cancelled registrations)

GST Return Filing Process:

1. Login to GST Portal: Access the GST portal using credentials
2. Fill Return Forms: Fill the relevant return forms with required information
3. Upload Invoices: Upload invoices for outward supplies
4. Submit Return: Submit the return electronically
5. Pay Tax Liability: Pay any tax liability due

Due Dates for GST Return Filing:

1. GSTR-1: 10th of next month
2. GSTR-2: 15th of next month
3. GSTR-3: 20th of next month
4. GSTR-4: 18th of next month
5. GSTR-5: 20th of next month
6. GSTR-6: 13th of next month
7. GSTR-7: 10th of next month
8. GSTR-8: 10th of next month
9. GSTR-9: 31st December of next year
10. GSTR-10: Within 3 months of cancellation

Consequences of Late Filing:

1. Late Fee: ₹50 per day
2. Interest: 18% per annum
3. Penalty: Up to ₹25,000

By understanding GST Return, taxpayers can ensure compliance and avoid penalties.
[11:09 AM, 26/8/2024] Zayer: