Documents Required
- Invoice
- Purchase Invoices
- Bank Statement
Features
GST Return Filing
Offer Price: 5310 (3 Months) / 17700/- Yearly ALL Inclusive
INR 6428/-Monthly / 21428 Yearly 30% Off
Basic
- GST Return Filing
Simplified and Intuitive GST Return Filing Guide by TaxInno
GST Return Filing Made Easy
Every GST-registered business in India must file GST returns periodically—monthly, quarterly, or annually—depending on their business type. TaxInno simplifies this process with expert support, ensuring businesses stay compliant effortlessly. Filing GST returns on time is essential for accurate tax calculation and compliance.
Why Choose TaxInno for GST Return Filing?
- Dedicated GST Advisor: Personalized guidance from experts to assist in uploading invoices and timely filing.
- Timely Reminders: Automatic alerts before due dates to avoid penalties.
- Monthly Compliance Reports: Clear insights into filing statuses and upcoming tasks.
What is a GST Return?
A GST Return is a statement containing details of sales, purchases, tax collected, and tax paid. It determines a taxpayer’s liability and must be filed periodically by every GSTIN holder.
Key Elements of GST Returns:
Component | Details |
Purchases | Details of all purchases made |
Sales | Comprehensive log of sales activities |
Output GST (on sales) | GST charged on sales |
Input Tax Credit (ITC) |
GST paid on purchases, deductible from output GST |
Who Needs to File GST Returns?
GST returns must be filed by all registered businesses, including:
- Regular taxpayers.
- Businesses under the Composition Scheme.
- Non-resident taxpayers conducting business in India.
Types of GST Returns and Deadlines
Return Type | Applicable to | Frequency | Due Date |
GSTR-1 | Sales details for regular taxpayers | Monthly/Quarterly | 11th or 13th of the next period |
GSTR-3B | Summary return | Monthly/Quarterly | 20th, 22nd, or 24th of the next month |
GSTR-4 | Composition Scheme dealers | Annually | 30th April |
GSTR-5 | Non-resident taxpayers | Monthly | 20th of the next month |
GSTR-9 | Annual return for regular taxpayers | Annually | 31st December |
Penalties for Late Filing
Missing GST deadlines can lead to penalties and interest charges. Avoid these by filing on time.
- Late Fee: ₹100/day per act (CGST/SGST), up to ₹5,000.
- Interest: 18% per annum on outstanding tax.
- Delayed Filings: Pending returns must be cleared before new filings.
Benefits of TaxInno’s GST Filing Services
Feature | Advantage |
Expert Assistance | A dedicated advisor for personalized support. |
Automated Filing | Accurate, error-free GST returns. |
Cloud-Based Access | Real-time financial data from anywhere. |
Outsource GST Compliance to TaxInno
Stay ahead with TaxInno’s complete GST compliance solutions:
- Monthly Review: Expert follow-ups and data collection.
- Error-Free Returns: Automated and verified filings.
- Cost-Effective: Streamlined filing at affordable rates.
Talk to our experts today! Simplify your GST compliance with TaxInno and focus on growing your business.