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Showing posts with the label GSTR-10

GST Returns

GST Returns           All  registered businesses  are required to file monthly, quarterly and annual/yearly GST Returns based on the type of business.           Returns are the reports to be submitted to the Tax Authorities by a tax payer along with Tax whenever applicable, as per schedule notified by CBIC which may change as per CBIC Notifications. These reports are submitted online in the GSTN portal by a tax payer and are used by tax authorities to calculate tax liability. Under  GST , a regular registered dealer  has to file GST returns that include: ·          Purchases ·          Sales ·          Output GST (On sales) ·          Input tax credit (GST paid on purchases) Who should ...