How to File GST Returns Online: A Complete Tutorial
In today’s digital era, GST filing for business has become simpler and more streamlined through the online GST portal. However, understanding the process and ensuring timely GST return compliance is crucial to avoid penalties and stay aligned with tax laws. In this complete tutorial, we will guide you step-by-step on how to file GST returns online, the types of returns applicable, and how to maintain proper compliance of GST . What is GST Return? A GST return is a document containing details of income, sales, purchases, and tax paid or collected. Every registered business under GST must file returns monthly, quarterly, or annually based on the type of registration and business turnover. Why is GST Filing Important for Business? GST filing for business is not just a legal obligation; it also reflects your business's transparency and credibility. Timely filing helps in: · Claiming Input Tax Credit (ITC) · ...