Updated by Vijay Kaushik, PKF Sridhar and Santhanam LLP
| How are GST returns submitted to the tax authorities? | There are two methods of filing a tax return in India.
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Online filing over the internet
Taxpayers can file GST returns online by logging into their profile in the GST common portal:
www.gst.gov.in
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Electronic filing using functional compatible software
GST returns can also be filed using a government-enabled offline utility tool or application software developed to file returns by a third party.
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The basic returns compliance process in India includes a self-assessment of tax liability and input tax credit for each tax period and the filing of a monthly statement of outward supplies (form GSTR-1) and a tax return (form GSTR-3B).
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The tax return (form GSTR-3B) is a summarised return (without transaction-wise breakdown) of outward supplies and output tax liability, tax under reverse charge and input tax credit. It also includes details of interest and late fees for non-compliance, if any, and payment of liability by using tax credits or cash.
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The statement of outward supplies (form GSTR-1) contains details |
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Web page updated on 24 Aug 2024 14:56