Home |Goods and Service Tax (GST) |
Do I need to file GST returns every month ? Will there be any penalty, if I forget to do so ?
Do I need to file GST returns every month ? Will there be any penalty, if I forget to do so ?
Share
Subin VR, Chartered Accountant,FCA, DISA (ICAI) 
Answered on March 13,2021
You have to file GST returns every month/quarter depending on your registration. There will be huge fines, late fee and interest if you missed your returns.
39 views
Related Questions
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on April 11,2021Is gst filing mandatory every month? If I want to file it annually, Is it possible?
You can't file GST returns annually. Have to file monthly/quarterly depending on your registration.
1
0
73
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on March 11,2021What if the GST return is not filed for 6 months?
You have to late fee for each return period, which is fixed at Rs.10,000 per month as maximum.
1
0
33
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on March 13,2021What if I have purchased something from someone with GST and he doesn’t pay the return? Do I have to pay all the GST to the government again?
No. If you are in business with GST registration you cant avail the input tax credit if the supplier ...
1
0
95
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on March 08,2021I have not filed my GST for 15 months. How much penalty do I need to pay if I filled NIL ? My GST is still active.
Rs.10000 is the maximum penalty for a month. Considering this, on an average you might have to pay nearly ...
1
0
426
-
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on March 09,2021How do I solve my problem in GST? The Deptt. has canceled my regular GST registration on sou Moto basis. As of now, I have no business and not interested in revoking the cancellation. I never file any return. Do I have to file the returns now?
Not necessary to file returns since the GST registration is cancelled.
1
0
35
-
Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on March 14,2022My brother in law is using our residential premises as a godown. Has consent from my mother in law who is the owner of the property. He also has GST number.Will there be any change in property taxes,electricity charges as now the property is bein used for residential as well as commercial purpose?
No there won't be any change in property taxes/electricity charges unless you apply for a Trade License or Gumasta ...
1
0
66
-
Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on March 22,2023I have applied for GST Cancellation in Delhi, After that i rcvd an SCN for clarification. The clarification was not filed and now this is showing pending for order from last six months, Can any one suggest how to apply for rejection of the application?
In this case, you may contact the local jurisdictional officer, you may provide the clarification sought by him in ...
2
0
141
-
MISHRA CONSULTANTS
GST Practitioners ,Income Tax Practitioners & Auditor Based Service in Coimbatore, Tamil Nadu . Answered on March 22,2023I have applied for GST Cancellation in Delhi, After that i rcvd an SCN for clarification. The clarification was not filed and now this is showing pending for order from last six months, Can any one suggest how to apply for rejection of the application?
In this case, you may contact your jurisdictional officer or AO , you may also mail to AO and ...
2
0
107
-
Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on April 26,2023I have a manufacturing set up which I am closing since I am seeking a job in a MNC. The MNC HR’s Background verification team are asking for a GST cancellation form but I don’t have a GST number so how do I file for a cancellation?
If you didn't have a GST Number for the manufacturing firm, then you can inform them of the same ...
1
0
49
-
Shyamal Modi
Tax Advocate | Financial Advisor | Virtual CFO . Answered on June 30,2023I have started a small saree business of Rs 3 Lakhs and my monthly sale has not crossed ten thousand. Do I need to apply for GST?
Yes, if you are selling sarees online/out of your home state.Else not required!
1
0
306
-
MISHRA CONSULTANTS
GST Practitioners ,Income Tax Practitioners & Auditor Based Service in Coimbatore, Tamil Nadu . Answered on July 24,2023I have online website but turnover is ZERO. Is it mandatory to file a GST every month? If answer is yes, then can an individual file a GST without CA?
Yes it's mandatory to fill whether you have zero turnover, you can file by yourself too zero turnover return ...
1
0
32
-
Shabana Ansari
Answered on September 22,2022Who needs to register for the GST in India?
GST registration applies to all individuals and entities supplying goods or services in India. GST registration becomes mandatory when ...
2
0
231