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27
Mar
Admin
How to file GST returns? Know the process & steps
When you are running a business in India, whether it is big or small, you are bound to follow the tax rules and regulations of India. One of them is filing GST returns. If you are crossing the threshold limit, you must register for the GST, prepare account books, and file GST returns monthly or quarterly.
What is GST return filing?
In simple terms, submitting your business transaction details to the government under the Goods and Services Tax (GST) India system is called GST return filing.
Details included in GST returns: sale, purchase, tax received, tax paid, and tax you claim back.
What are the main types of GST returns?
The main types of GST return forms under the Goods and Services Tax (GST) India system are the following:
✓ GSTR-1 – Details of outward supply
✓ GSTR-3B – Summary of sales, purchases, and tax liability
✓ GSTR-4 – Annual return filed by taxpayers under the composition scheme
✓ GSTR-9 – Annual return for regular taxpayers
These are the most commonly used GST return forms for regular business compliance in India.
What is the process of filing GST returns?
The GST return filing process is basically updating sales invoices in GSTR-1 and reconciling GSTR-2 for ITC and GSTR-3B for tax details on the Goods & Services Tax Portal. A simple step-by-step process of GST return filing is the following:
✓ Collect all sales and purchase details
✓ Log in to the GST portal
✓ Select the correct return form (GSTR-1).
✓ Enter the required details of sales
✓ Submit the return after checking the details.
✓ Reconcile your GSTR-2 for purchase.
✓ Select GSTR-3B
✓ Enter sales, purchase, and ITC details
✓ Check tax liability
✓ Pay tax (if applicable)
✓ Verify all information carefully
✓ Submit and file the return (EVC/DSC)
✓ Download ARN for confirmation
What are the GSTR-1 and GSTR-3B due dates?
The last date for monthly return filing is the 11th for GSTR-1 and the 20th for GSTR-3B, and for quarterly return filing, it is the 13th for GSTR-1 and the 24th for GSTR-3B in the next month of every quarter.
Why do businesses prefer Cashwave Management for GST return filing?
Choosing Cashwave Management for your return filing will be the best decision. We ensure your tax filing is accurate and timely. Our professionals manage all your compliance accurately and help you file GST returns easily with expert support, timely filing, accurate calculations, affordable pricing, and complete compliance under the Goods and Services Tax (GST) India system.
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Disclaimer
Cashwave Management Pvt. Ltd. (CIN: U69202UP2025PTC219421) is a private consultancy firm providing professional assistance and support services in relation to business registration, taxation, accounting, and statutory compliance.
We are not affiliated with, endorsed by, sponsored by, or authorized by the Ministry of Corporate Affairs (MCA), Income Tax Department, GST Department, or any other Government authority.
All registrations, filings, returns, and applications are processed through the respective official Government portals in accordance with applicable laws and regulations. Approval, timelines, and outcomes are governed exclusively by the concerned Government authorities.
Cashwave Management Pvt. Ltd. does not claim to be a Chartered Accountant, Company Secretary, or Advocate, unless explicitly stated. Our services are limited to consultation, documentation support, and application assistance only.
