GST Return Filling

Good and Service Tax Return Filling

  • 1 hour
  • As per Industry
  • PAN India

Service Description

What is GST return filing? GST return is a document that will contain all the details of your sales, purchases, tax collected on sales (output tax), and tax paid on purchases (input tax). Once you file GST returns, you will need to pay the resulting tax liability (money that you owe the government). Is it compulsory to file GST return? Return filing is mandatory under GST. Even if there is no transaction, you must file a Nil return. There are few points to note: You cannot file a return if you do not file the previous month/quarter's return. What is the benefit of filing GST return? Being the Biggest tax reform in India, GST will allow the real GDP growth of the Indian economy to hit 6.75 per cent in this fiscal year with expectations of 7 to 7.5 per cent real GDP growth in 2018-19. SMEs and small taxpayers have benefitted from the GST system with a number of relaxations.


Contact Details

kashif.jscl@gmail.com

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