A GST return is a document that businesses registered under GST must file to report their sales, purchases, tax collected, and tax paid. Filing GST returns ensures compliance with tax laws and helps businesses claim Input Tax Credit (ITC).
All GST-registered businesses, including regular taxpayers, composition scheme dealers, freelancers, and e-commerce sellers, must file GST returns as per the prescribed schedule to avoid penalties.
The due date depends on the type of return and business category. For example, GSTR-3B is due on the 20th of each month, while quarterly filers under the QRMP scheme must file by the 22nd or 24th of the following month.
No, once a GST return is filed, it cannot be revised. However, any mistakes or omissions can be corrected in the next month’s return.
E-commerce sellers must report their sales under GSTR-1 and claim Input Tax Credit (ITC). Online marketplaces like Amazon and Flipkart deduct TCS (Tax Collected at Source), which sellers must report in their GST returns.
Businesses can file GST returns themselves using the GST portal. However, professional assistance ensures accurate filing, helps avoid errors, and maximizes tax benefits like ITC claims.
We provide end-to-end GST filing services for all businesses, including monthly, quarterly, and annual returns. Our experts ensure timely compliance and maximum tax benefits. Contact us today for hassle-free GST filing!
At Aman Accounting Solution, we empower businesses through expert financial management.
