Ways to File GST Returns Quickly and Effectively

The process of implementing GST in India started in the year 2000, and it took 17 years for the country to develop a full-fledged GST legislation that went into effect on July 1, 2017.  Because of the Goods and Services Tax (GST Returns), the cascading impact of taxes on the sale of goods and services has been eliminated, and the tax base has been expanded in India.

Arrow

Returns on GST: Sample Step Process

Make sure that you and your company are registered for the Goods and Services Tax (GST) and that you have the 15-digit GSTIN based on your PAN and state code. – Go to the GST site and choose the “Services” tab. – After selecting the financial year and return filing time from the drop-down box, you may go to the next step by clicking on the returns dashboard’ button.

Arrow

– After choosing the return you want to submit, click the “Prepare Online.” – Enter the needed data, including the amount, and click the “Submit” button (along with the late fee if applicable) – To file your GST return, save the information you have filled out, and then click the “Submit” button at the bottom of the page. – After you have confirmed that your GST return filing status has been updated to “Submitted,” scroll down and choose “Payment of Tax.”

Arrow

– Before you pay tax for each of the different heads, you may check your cash and credit balance by clicking the “Check Balance” button. After that, choose the “Offset Liability” option to complete the transaction on your web browser. – Before clicking on the “File Form with DSC” or “File Form with EVC” button, make sure the box next to the supplied declaration is checked, and then choose an authorised signature from the list provided. Last but not least, finalise the payment for your GST return.

Arrow

Who Is Responsible for Filing Returns for GST?

Learn More

Arrow