Every GST-registered business must file returns that report its sales, purchases, tax collected and input tax credit (ITC) claimed. Late or incorrect filing leads to late fees, interest, blocked credit for your customers and, eventually, cancellation of registration. We manage your GST return cycle end to end, including reconciliation and responses to notices.
Key GST Returns
| Return | Purpose | Frequency |
|---|---|---|
| GSTR-1 | Details of outward supplies (sales) | Monthly, or quarterly under QRMP |
| IFF | Invoice furnishing facility for B2B invoices under QRMP | Monthly (optional) |
| GSTR-3B | Summary return with tax payment and ITC claim | Monthly, or quarterly under QRMP |
| GSTR-2A / 2B | Auto-drafted statements of inward supplies, used for ITC reconciliation | View only |
| CMP-08 / GSTR-4 | Statement and annual return for composition taxpayers | Quarterly / annual |
| GSTR-5 | Non-resident taxable persons | Monthly |
| GSTR-6 | Input service distributors | Monthly |
| GSTR-7 | Taxpayers deducting TDS under GST | Monthly |
| GSTR-8 | E-commerce operators collecting TCS | Monthly |
| GSTR-9 | Annual return for regular taxpayers | Annual |
| GSTR-9C | Self-certified reconciliation statement for larger taxpayers | Annual |
| GSTR-10 | Final return on cancellation of registration | Once |
| GSTR-11 | Persons with a Unique Identity Number (UIN) | As applicable |
GSTR-9 is optional for taxpayers below a specified turnover, and GSTR-9C applies only above a higher turnover limit, as notified each year.
Late Fees and Interest
- Late fees are charged per day of delay for GSTR-1, GSTR-3B and annual returns, subject to caps that depend on turnover
- Interest is charged on tax paid late
- Continuous non-filing can lead to blocking of e-way bills and cancellation of registration
- Returns can no longer be filed after three years from their original due date, so pending returns should be cleared promptly
Our Process
- Collect sales, purchase and expense data each period
- Reconcile purchases with GSTR-2B to claim only eligible ITC
- Prepare and file GSTR-1 and GSTR-3B (or QRMP returns)
- Compute and pay tax through the electronic ledgers
- Prepare annual returns and reconciliation statements
- Track mismatches and respond to notices from the department
Frequently Asked Questions
Do I need to file returns if there was no business activity?
Yes. Nil returns must be filed for every period while the registration is active.
What is the QRMP scheme?
The Quarterly Return Monthly Payment scheme lets taxpayers with turnover up to ₹5 crore file GSTR-1 and GSTR-3B quarterly while paying tax monthly.
Why does my ITC differ from GSTR-2B?
Differences arise when suppliers file late or report incorrectly. ITC can generally be claimed only when it appears in GSTR-2B, so regular reconciliation and supplier follow-up are essential.