Did you know how to file GST Returns? Is your bsiness ready for GST? At Tax Vibe, we will help you to fill GST Returns for your Business. Since goods and services are set to replace various indirect taxes, we have started this series to providing information about GST and Return rules for GST.
In this article, we will explain the various Return rules for GST that are required to be design under the new GST law. What are the timelines for submission of GST returns, who has the onus to file GST returns and what information is required to be filled?
A return is a document that a taxpayer is needed to file as per the law with the tax administrative authorities. Under the Goods and Service law, a normal taxpayer will be required to equipped one annual return and three monthly returns.
Similarly, there are independent returns for a taxpayer registered under the composition schemes, taxpayer registered as a person liable to collect or deduct the tax.
In the document below, we have providing detailed information about all the Return rules for GST which are required to be filled under the GST law: