Here are the easy steps to get our quality services on time.
FILL YOUR ENQUIRY FORM
Fill your enquiry form for the details required.
Complete Your Payment process for your services
SEND YOUR DOCUMENTS
Share documents with our team for the completion of process.
Your service is complete for any other service contact us.
GST Return contains details of the nature of business activities with business turnover and any deductions or exemptions availed. It also includes sales and purchases with an input tax credit. As per the Goods and Services Tax, 2017, every business registered to have GSTIN under the act has to file returns compulsorily.
The returns are filed electronically on the GST portal. The returns are filed for legal compliance and calculating the tax liability by claiming the input tax credit.
It is the basis of future policy making from the government's perspective. It is a source for collecting financial statistics of organizations, and an effective mode for gaining information from taxpayers.
Small taxpayers must file prescribed returns compulsorily and any non-compliance can result in the disallowance of the Input Tax Credit (ITC).
The GST council allows small businesses with less than Rs. 5 crores turnover to file quarterly returns i.e., only four GSTR-1 and GSTR-3B instead of every month from January 2021 onwards.
This step is taken towards reducing the compliance burden and cost of compliance on small taxpayers. The process of filing the return is described in the following steps:
The taxpayer must log in with a username and password on the online GST portal.
A 15-digit identification number is granted with GST registration and state code with the PAN number of the applicant.
You need to upload the invoices on the GST portal. An invoice reference number is given according to each invoice. The invoices are uploaded for outward return, inward return and total monthly return must be filed online. All errors can be rectified.
File the outward supply returns in Form GSTR-1 with the information section at the GST portal (GSTIN) on or before the 10th of the following month.
The outward supplies on the GST return portal furnished by the supplier will be received from the GSTR-2 form. The Supply details of the inward supplies of goods and services are in the Form GSTR filing.
The taxpayer must verify the details of the outward supplies made by him and file information of credit notes or debit notes. If there are any errors, you have the option to correct them and rectify your returns.
The supplier can accept or reject the details provided by the inward supplies made in the GSTR-1A. Submit the details by clicking on the ‘Submit’ option to file the return.
The following are the monthly, quarterly and annual return are given:
There are three methods to check the return status. The following are three alternatives by which status can be viewed:
Before tracking the return status, the taxpayer is required to access their GST account. The following steps are given:
The delayed filing or non-filing of returns has penal provisions for late fees and penalties are GST returns under the Act.
The late fee for delayed returns in Form GSTR-9 i.e., the annual return for the financial year 2022-23 are:
The taxpayer should verify the details of the outward supplies made by him and file information of credit notes or debit notes. If there are any type of errors then you can correct and rectify the returns.
The status can be tracked using username and password with either Return Filing Period or with help of ARN or with status options.
The supplier can accept or reject the details provided by the inward supplies made in the GSTR-1A. The details are submitted to file the return.
In addition to registration or incorporation, a business may require other registrations depending on the business activity undertaken. Talk to an Advisor to find out registrations your business may require post registration.
More than 50,000 people use Onlinexbrl every month, and our platform has enabled the completion of thousands of services. We at Onlinexbrl are confident in the excellence of our services and prioritize our customers’ satisfaction with our dedicated services. Our team upgrades their knowledge to ensure the top-notch quality of the services related to registrations, compliance & legal.
Your Expert Assistant Is Here