A GST-registered taxpayer (each GSTIN) is obliged to submit a document to the tax administration authorities called a GST return, which contains information about all of their income, sales, and/or costs, as well as their purchases. Tax authorities use this to determine net tax liability.
A registered dealer is required to submit GST returns under the GST that generally include:
- Purchases
- Sales
- GST output (On sales)
- tax credit for input (GST paid on purchases)
Check out the Clear GST software, which enables the import of data from several ERP systems like Tally, Busy, and custom Excel, to name a few, to file GST returns or for GST filings. Users of Tally have the choice to directly submit data and files via the desktop client as well.
Documents Needed to File a GST Return :
There is no adequate set of documentation for return filing. The sales invoice for any taxable services or goods is mostly required. So, in order to file your GST Return, you must adhere to several common rules :
a) Compile each invoice in accordance with GST Law.
b) Keep records for bookkeeping either offline or online.
c) Use streamlined excel sheets if you cant keep records in your GST Filing programme.
Steps for Filing a GST Return :
If you have the GST Software, filing a GST Return would be simple for you since it is an online process.
These are the quick steps to file your GSTR returns, which are listed below:
1. To file a GST electronically, log in using your user name and password on the GST Portal.
2. Simply go ahead and submit your sales amount with the tax and your purchase amount with the input credit on the GSTR-3B Return tab.
3. Simply create a challan for the GST payment and submit the GST e-filing.
Found three good videos for this: