Effortless GST Return Filing with Speed Filings

What is GST Return Filing?

If your business is registered under GST, it’s essential to file GST returns regularly, reflecting your sales, purchases, and tax payments. This ensures compliance with the Goods and Services Tax Act in India, streamlining tax-related services like registration, returns, and adherence to regulations.

Types of GST Registration

Various GST return forms cater to different business needs:

• GSTR 1: Details of taxable goods and services supplied (Monthly/Quarterly)
• GSTR 3B: Summary of outward supplies, input tax credit, and tax payment (Monthly/Quarterly)
• CMP 08: Challan for tax payment under the composition scheme (Quarterly)
• GSTR 4: Returns for businesses under the composition scheme (Annually)
• GSTR 5: Returns for non-resident taxable persons (Monthly)
• GSTR 6: For input service distributors (Monthly)
• GSTR 7: Filed by government authorities (Monthly)
• GSTR 8: Details of e-commerce supplies and collected tax (Monthly)
• GSTR 9: Annual return for normal taxpayers (Annually)
• GSTR 9C: Certified reconciliation statement (Annually)
• GSTR 10: Filed post-GST registration cancellation (Once canceled)
• GSTR 11: Details of inward supplies for persons with UIN (Monthly)

Due Dates for Filing GST Returns

The due dates vary for each return, ensuring timely compliance:

• GSTR 1: 11th of the subsequent month
• GSTR 3B: 20th of the subsequent month
• CMP 08: 18th of the month succeeding the quarter
• GSTR 4: 18th of the month succeeding the quarter
• GSTR 5: 20th of the subsequent month
• GSTR 6: 13th of the subsequent month
• GSTR 7: 10th of the subsequent month
• GSTR 8: 10th of the subsequent month
• GSTR 9: 31st December of the fiscal year
• GSTR 10: Within 3 months of cancellation date
• GSTR 11: 28th of the month following the filing month

GST Return Filing Process

• Reach Out to Speed Filings: Provide necessary details and documents.
• Dedicated Advisor: A GST advisor is assigned for personalized assistance.
• Information Collection: Monthly collection of data, return preparation, and filing assistance.
• Timely Processing: Expect returns filed in 1 to 3 working days.
• LEDGERS Software Access: Access to the LEDGERS Platform for invoicing and return filing.

Benefits of Choosing Speed Filings

• Swift Processing: 1 to 3 working days for filing.
• Expert Support: Dedicated GST advisors for guidance.
• Customized Assistance: Tailored to your business needs.
• Document Preparation: We assist in organizing necessary documents.
• Application Submission: Accurate submission to relevant authorities.
• Compliance Assurance: Ensure compliance with changing tax laws.

Penalties and Compliance

• Late Filing: Rs. 200 per day (Rs. 100 CGST + Rs. 100 SGST).
• Non-Compliance: Offenders face penalties, with a minimum of Rs. 10,000 for intentional fraud.

Outsource GST Compliance to Speed Filings

Ease your GST compliance burden with SpeedFilings LEDGERS GST platform. Get a dedicated GST accountant, timely reminders, monthly status reports, and seamless support for input tax credit, refund processing, and payment.

Service Delivery:

• Dedicated GST Accountant assigned.
• Information collected via email or upload.
• Various returns filed based on your needs.

Why SpeedFilings for GST Returns:

• Dedicated GST Advisor: Personalized assistance from experienced advisors.
• Timely Reminders: Ensures no deadlines are missed.
• Monthly Status Reports: Detailed return filing status shared monthly.
• LEDGERS GST Software: Seamless filing and error-free returns.

Return Filing Due Dates for GSTR 1 to GSTR 11

Refer to the detailed due dates for each GST return type to ensure timely filing.

Staggered Return of GSTR-3B

The due dates for GSTR-3B are staggered based on turnover, simplifying the process for businesses in different states and union territories.

Simplify your GST return filing with Speed Filings – your trusted partner for efficient compliance.