ANNUAL COMPLIANCE OF LLP

EVERY PERSON WHICH IS REGISTERED UNDER GST HAS TO FURNISH ITS GST RETURN. GST RETURN CONTAINS THE DETAILS OF GST PAID OR RECEIVED ON SALES, PURCHASE, EXPENSES ETC. GST RETURN PROCESS HAS TO BE DONE ELECTRONICALLY ON GST PORTAL. GST RETURN MAINLY CONTAINS DETAILS OF OUTPUT TAX AND INPUT TAX.

GST RETURN FORMS FOR REGULAR TAXPAYERS WITH DUE DATES

  1. GSTR-1 FOR MONTHLY DETAILS OF OUTWARD SUPPLY OF GOODS OR SERVICES OR BOTH BY 10TH OF THE NEXT MONTH.
  2. GSTR-2 FOR MONTHLY DETAILS OF INWARD SUPPLY OF GOODS OR SERVICES OR BOTH BY 15TH OF THE NEXT MONTH.
  3. GSTR-3B FOR MONTHLY CONSOLIDATED DETAILS OF OUTPUT AND INPUT TAX BY 20TH OF NEXT MONTH.

LATE FEE FOR FILING OF GSTR-3B AFTER ITS DUE DATE

  1. 50 PER DAY OF DELAY (MAXIMUM RS. 10,000)
  2. 20 PER DAY OF DELAY (MAXIMUM RS. 10,000) HAVING NILTAX LIABILITY DURING THE MONTH
  3. INTEREST @18% PER ANNUM IS PAYABLE ON THE OUTSTANDING AMOUNT OF GST WHICH IS REQUIRED TOBE PAID.

DOCUMENTS REQUIRED

  1. ALL SALES INVOICES
  2. ALL PURCHASE INVOICES
  3. GST LOGIN ID AND PASSWORD
PROCEDURE TO APPLY FOR GST REGISTRATION NUMBER.
  1. RECEIVE DOCUMENTS
  2. MAINTAIN DETAILS IN TALLY OR EXCEL
  3. UPLOADING DETAILS ON GST PORTAL
  4. PAY GST IF REQUIRED.