Goods and Service Tax Return Filing

After successfully completion GST Registration , Want assistance in filling your GST returns? Virtual Auditors at your rescue. Goods and Services Tax is an indirect tax introduced by the government in the year 2017 which is levied on the supply of goods and services. The tax return is to be filed monthly, quarterly and annually by every regular business.

Originally the government added 22 GSTs in the list, 3 of which are suspended and 11 of which are currently active while 8 out of those are view-only fillings. A business according to its nature of business has to file the required GST return form.



This form is for filling  monthly returns which specify the outward supply of the business. It is used to keep track of all the sales transactions and contains details of invoices, credit or debits notes, receipts etc.



GSTR-2 is for filling  monthly return of the inwards supply, this is to specify the details of the purchases made in the business.



It is a self- declaratory document that summarizes the liabilities of the taxpayer which is to be filed by the 20th of every month. It lists all the tax liabilities of the taxpayer.



GSTR-4 is to be filed by businesses that have ratified the composition scheme of the government and have a turnover of up to Rs.1.5 crores. Composition scheme is a a government scheme to reduce the burden for small taxpayers. This has to be filed by the 18th of the month on a quarterly basis.



This is to be filled by the non-residents who conduct business occasionally in India and do not have a fixed place for their business. The return would include all the details of inwards and outwards supplies, interests, tax paid or any other amount which one has to pay as per the rules.



GSTR-5A is to be filled by all the non-residents who provide online information or database access or retrieval services on every 20th of the following month. The only difference between GSTR-5 and 5A is that GSTR-5A is especially for those dealing in providing services online.



It is is a monthly return that is to be filed by Input service distributors. It contains the details of all the supplies for which credit has been received.



GSRT-7 is the return filed by the tax deductors it contains the details of tax deducted at source, liabilities towards TDS, or refund claimed if any. It is to be filled by every 10th of the subsequent month.


It is to be filed by every electronic commerce operator which provides goods and services online. The return has to be filed by the 10th of every month after the collection of Tax Collected at Source.



GSTR-9 is the annual tax return to be filed by registered businesses for every financial year. the return has to be filed till 31st December following the end of the financial year.



This form is to be filed by every composition trader annually. It contains the details pertaining to the supply of good and service done by the business in a particular year under the composition scheme.



This form is filled by every e-commerce operator who collects the Tax at Source.



This form is to be filed by businesses having aggregate turnover exceeding 2 crores. Such companies have to submit their annual return, audited accounts and a reconciliation statement specifying the value of supplies.



It is to be filled by those whose returns have been canceled. It is to be filled in 3 months from the date of cancellation.



This form is the return filled by those allotted a Unique Identification number. This could be used to claim refunds on the goods and services for which they have paid GST.


GST return filling is an important task to be done by all the businesses as it maintains transparency and helps the authorities to calculate tax liabilities from the details administered to them.



Ways to file GST returns


In this digital era, where any information in the world is just one click away. The government has come up with the option of filling the tax returns online to make the process for the taxpayer more convenient and easy. Thus GST returns can be filed online. The taxpayer needs to visit the GST portal where a 15 digit identification number will be issued. One could upload all the invoices on the portal and a reference number will be issued for each submitted invoice. The annual return can also be filled online. Before filling the form the taxpayer must fill GSTR-1 and 3B for the said financial year. He /she just needs to log on to the GST portal, select the annual return option after entering the financial year. The taxpayer could opt for NIL return filling if there had been no outward supplies, refund claims, etc, or enter the details of the business transactions and file a normal annual return. After filling in all the details, a draft of the same could be downloaded to ensure that all details have been uploaded accurately.


Where do we come in the picture?

Virtual Auditor provides you with all the necessary help your business needs for filling GST returns. We ensure that your tax returns are timely and accurately filled. We provide assistance to residents as well as non-residents in getting their GST registration done, we also provide service to those who want to get a temporary GST registration for dealing in goods and services in the country and do not have a fixed place of business. Our team of experienced personnel spare no efforts and work with the aim to provide hassle-free services to our clients.

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