GST Filing
GST Filing is the process of submitting tax returns to the Goods and Services Tax (GST) Department in compliance with the GST Act, 2017. Businesses registered under GST must file returns monthly, quarterly, or annually to report their sales, purchases, tax collected, and tax paid.
Step-by-Step GST Filing Process
✅ Step 1: Collect Sales & Purchase Data – Compile all invoices for the period.
✅ Step 2: Choose the Correct GST Return Form – Based on business type & turnover.
✅ Step 3: Calculate GST Liability – Deduct Input Tax Credit (ITC) from GST collected.
✅ Step 4: File the GST Return Online – Log in to GST Portal and submit return details.
✅ Step 5: Pay Tax Dues (if applicable) – Use Net Banking, Credit/Debit Card, or Challan.
✅ Step 6: Verify & Submit the Return – Complete verification via OTP, DSC, or EVC
Documents Required for GST Filing
✔ GSTIN (Goods & Services Tax Identification Number)
✔ Sales & Purchase Invoices
✔ E-Way Bills (if applicable)
✔ GST Payment Challans (if tax is due)
✔ Input Tax Credit (ITC) Details
✔ Bank Statements (if required for reconciliation)
