GST Return Filing
GST Return filling is a critical activity that acts as a link between the government and the taxpayer. As per the GST law, every individual or entity registered under the GST Act has to furnish the details of sales, purchases, and the tax paid by filing form GST returns with the administrative authorities. Once the GST Registration is done, it is the responsibility of the taxpayer to file the GST Return. While filing the GST return, the taxpayer has to provide all the requisite information related to the business and transactions, tax declaration, and payments. GST Return Filing is deemed to be filed electronically that helps the taxpayer in preparing the offline GST return and then upload it on GSTN through the facilitation center.
Additionally, there are various components of GST returns filing that a person needs to know about before filing the GST Return. There are certain GST Returns that are filed offline and then uploaded to the GSTIN portal either by the taxpayer or a facilitation center. By offering the GST return filing, GST compliant sales, and purchase invoices are expected. You can generate GST compliant invoices: An inventory or a bill is a list of goods sent or assistance provided, along with the sum due for payment.
What are the Documents Required for GSTR Filing?
Below mentioned documents are required for GSTR filing-
• List of Invoices (B2B Services, B2C Services)
• Customer GSTIN
• Type of Invoice
• Invoice Number
• Place of Supply
• GST Rate
• Taxable Value
• Amount of CGST, SGST, IGST and GST Cess applicable.
• Consolidated intra-state and inter-state sales.
• HSN wise summary details.
• Summary of requisite documents i.e. Debit and Credit Note.