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5 Easy ways to file GST Returns in India

October 3, 2022December 13, 2022 admin No Comments

It is important that all returns are accessible and transparent at the same time when a challenging income tax system, including GST, is implemented in India. Depending on the category of the business they fall under, businesses registered under GST are required to submit quarterly and annual returns to the Indian government’s GST portal. This … Read More “5 Easy ways to file GST Returns in India” »

What is a GST Return?

September 28, 2022December 13, 2022 admin No Comments

GST Return filing

Each GST-registered taxpayer (each GSTIN) is required to file a GST return with the tax administration to calculate their net tax liability based on their accrued income/sales/expenses/purchases. GST returns must include the following items for registered dealers: Making purchases Increasing sales GST Output (On sales) Credit for input tax (GST paid on purchases) If you … Read More “What is a GST Return?” »