Which GST do I file first?

What is GST Return Form 1? This is the first GST return form every taxpayer is required to furnish 11th of the succeeding month for a given tax period. The GSTR-1 form is documented with outward supplies made by the taxpayers.

When Should GST be filed?

GSTR-9 is the annual return to be filed by taxpayers registered under GST. It is due by 31st December of the year following the relevant financial year, as per the GST law.

How do I file my first GST return?

Listed below are the steps for filing GST return online:

1. Step:1 Visit the GST portal (www.gst.gov.in).
2. Step:2 A 15-digit GST identification number will be issued based on your state code and PAN number.
3. Step:3 Upload invoices on the GST portal or the software.

Is it necessary to file GST every month?

In the GST regime, any regular business having more than Rs. 5 crore as annual aggregate turnover has to file two monthly returns and one annual return. This amounts to 26 returns in a year. The number of GSTR filings vary for quarterly GSTR-1 filers under QRMP scheme.

Who should file annual GST return?

All the registered GST taxpayers are required to file GSTR 9 once a year. In the recent past, the intrastate suppliers and the business and the service sector businesses that have an annual turnover of Rs 20 lakh and goods sector with an annual turnover of Rs. 40 lakh need to file GST annual returns.

Who can Gstr 3B quarterly?

A registered person who is required to furnish a return in GSTR-3B, and who has an aggregate turnover of up to Rs. 5 crore in the preceding financial year, is eligible for the QRMP Scheme. Further, in case the aggregate turnover exceeds Rs.

Is it mandatory to file GST annual return?

Under the Goods and Services Tax (GST), filing of annual return — GSTR-9/9A — for 2020-21 is mandatory for all registered businesses, barring those with an aggregate annual turnover of up to ₹2 crore.