Accinzia

Navigation Header

GST Filing

“Stay Compliant, File GST on Time.”

    Apply Now




    GST Filing ?

    GST Filing is the process of submitting details of your sales, purchases, output GST (collected on sales), and input tax credit (paid on purchases) to the government under the Goods and Services Tax (GST) law.

    Every GST-registered business has to file GST returns online through the official GST portal, even if there are no transactions (nil return).

    Key Features of GST Filing ?

    • Mandatory Compliance – All GST-registered businesses must file returns regularly.

    • Digital Filing – Entire process is online through the GST portal.

    • Input Tax Credit (ITC) – Allows businesses to claim credit for GST paid on purchases.

    • Multiple Return Types – Different returns based on nature of business.

    • Avoids Penalties – Timely filing saves from fines and interest charges.

    Types of GST Returns

    • GSTR-1 – For outward supplies (sales).

    • GSTR-2A/2B – Auto-generated for inward supplies (purchases).

    • GSTR-3B – Summary return of sales, purchases, ITC, and tax liability.

    • GSTR-4 – For taxpayers under Composition Scheme.

    • GSTR-5 – For non-resident taxable persons.

    • GSTR-9 – Annual return.

    • GSTR-9C – Reconciliation statement (for businesses above turnover limit).

    Benefits of Timely GST Filing

    • Ensures compliance with GST law.

    • Enables input tax credit claim.

    • Avoids late fees & penalties.

    • Builds business credibility.

    • Required for loans, tenders, and business contracts.

    Documents Required for GST Registration

    • GSTIN (GST Identification Number)

    • Sales invoices (with GST details)

    • Purchase invoices (with GST details)

    • Debit/Credit notes (if applicable)

    • Expense bills

    • Bank statements (for reconciliation)

    • E-way bills (for goods movement, if applicable)

    Benefits of Timely GST Filing

    • Ensures compliance with GST law.

    • Enables input tax credit claim.

    • Avoids late fees & penalties.

    • Builds business credibility.

    • Required for loans, tenders, and business contracts.

    Penalties for Late Filing

    • ₹50 per day (₹25 CGST + ₹25 SGST) for late filing.

    • ₹20 per day (₹10 CGST + ₹10 SGST) for nil returns.

    • Interest @18% per annum on outstanding tax.