Every entity registered under GST will have to file a GST Return. A nil return has to be filed even if no purchase sales activity has been carried out during the return period.

Depending upon the type of registration and transactions different periods have been specified. Monthly Return has to be filed by Regular, Foreign Non Residents, ISD and Casual Tax Payers whereas compounding taxpayers have to file quarterly returns.

A registered taxable person who files return beyond the prescribed date will have to pay late fees of rupees one hundred for every day of delay subject to a maximum of rupees five thousand.

No, the return forms are common for CGST, SGST, IGST.

GSTR-1 return will include details of the outward supplies or sales by the taxpayer. This return form would capture the following information: • Basic details like business name along with GSTIN, period for which the return is being filed etc. • Details of invoices issued in the previous month and the corresponding taxes paid. • Details of advances received against a supply which has to be made in future. • Details of revision in relation to outward sales invoices pertaining to previous tax periods

GSTR-2 return will include details of the purchases by the taxpayer. GSTR-2 is prefilled for a taxpayer based on the GSTR-1 filed by his supplier. You just have to validate this prefilled information and make modifications if required. GSTR-2 will include the following details: • The details of purchases auto-populated by the department • Invoices on which partial credit has been availed earlier has to be submitted in a separate table.

No taxes due have to be paid before filing the return for that period otherwise the return will be invalid.

Taxpayers will have various modes to file the statements and returns. Firstly, they can file their statement and returns directly on the Common Portal online. However, this may be tedious and time taking for taxpayers with large number of invoices. For such taxpayers, an offline utility will be provided that can be used for preparing the statements offline after downloading the auto-populated details and uploading them on the Common Portal. GSTN has also developed an ecosystem of GST Suvidha Providers (GSP) that will integrate with the Common Portal.

No. A registered taxpayer person can also get his return filed through a Tax Return Preparer, duly approved by the Central or the State tax administration.