GST annual return filing is mandatory for every such entity that has a GST registration, whatever be the activity of the business, profit, or sale during the return filing time. Every GST registered organization needs to file an annual GST return within the due date to avoid late filing fees and interest. GST reconciliation statement (GST Audit) is to be filed when the turnover exceeds Rs. 2 crores.
You shall provide details of sale, purchase and expense invoices in the simplified format provided by MyEfilings.
Our dedicated and expert team shall compute the GST liability for you and help you to pay the tax due to the government.
Returns shall be filed
within the due date.
There are three types of GST annual return filing:
Any entity that has a GST registration is required to file GST annual return using form GSTR-9.
Taxpayers who have opted for the GST Composition Scheme under Goods and Services Tax (GST) and have a GST registration are required to file GSTR-9A.
For filing the taxpayer’s reconciliation statement for a particular financial year, form GSTR 9C is required. It is a statement of reconciliation between the statistics provided in the taxpayer’s Audited Financial Statements and the annual returns in GSTR-9. A Chartered Accountant or Cost Accountant must prepare and certify a GSTR-9C. GST audit is applicable for those who have a GST registration and earn an annual aggregate income of over Rs. 2 crores during a specific financial year.
