GST return filing in Chennai

GST return filing services in Chennai for accurate data submission in GST returns by an experienced GST filing consultant.

GST return filing package

GSTR 1 return filing.
GSTR 3B return filing.

Details required for GST return filing

Invoice wise details.
Details of the credit note.
Invoice details for amendment of invoices.
Details of purchases from registered and unregistered dealers.
Number of Documents issued.
GST login credentials

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What is GST return filing?

GST return filing is process of submitting details regarding sales and purchase in the GSTR 3B return and GSTR-1 return. Data submitted in GST return filing process is used by department for analysis of correct amount of tax payable, compliance to GST act, amount of input tax credit availed and utilized during the month etc. GST filing data is critical information which have high impact on calculation of tax payable, penalties and interest.

Pricing:

₹500 *

GST return filing process

Pre discussion

Discussions with the client will be held for understanding the GST registration, compliance profile of the client, and filing history. Once getting the complete client GST profile, the format for transferring GST filing data will be communicated to the client.

Preliminary data processing

GST return filing data provided by the client will be validated for arithmetical accuracy, data loss, etc.

Preperation of GST filing data

Validated GST data will be prepared in the GST e-filing utility with relevant mandatory and optional inputs. A JSON file is generated for uploading into the GST portal.

Error validation

Errors generated after uploading GST filing JSON file will be verified for cancelled GST numbers, invalid GST no, and other errors. All errors will be rectified and communicated to the client for updating in their system.

Re upload of corrected GST data

Rectified GST data is re-uploaded to the GST portal and a summary will be generated and validated with data available with us and necessary reconciliation is made for ensuring the accuracy of the data submitted.

Final submission

After ensuring the correctness of the data uploaded, filing of GST return is completed using digital signature validation or validation through OTP.

Important points for GST return filing

Periodical GST return filing is mandatory even if there is no business for the period, in such cases where there is no sales or purchases dealer is required to file GST nil return.
The GST officer will send notice to the taxpayers when there is mismatch between GSTR-1 and GSTR-3B data, therefore proper reconciliation should be done before submitting GST return if there is mismatch between these two returns. This reconciliation statement will support us to respond GST notices properly.
GST return cannot be revised after GST return filing, correction of errors can be done in succeeding months through debit, credit note, and amendment of invoices.
Penalty and interest auto-populated during GST return filing can be paid only through cash ledger, amount available in electronic credit ledger cannot be used to pay GST late filing fees, penalty and interest.
Tax on reverse-charge mechanism can be paid only by using the balance in the electronic cash ledger.
ITC auto-populated should be checked with GSTR-2B, this ensures there is no mismatch due to technical glitch.
GSTR-3B return can be filed only after payment of taxes, late fees and penalty calculated for that period.
Once you file GST return online, an ARN number will be generated and sent to the e-mail ID.
Information regarding every cash payment is sent to the taxpayer-registered e-mail ID once it is credited to the electronic cash ledger.
ITC credit available will be auto-populated on the GST set-off page, we need to use the credit available only against outward liability based on ITC utilization rules.
GST registration may be cancelled by the GST department for continuous failure to file GST return for a period of 6 months, show cause notice will be sent before cancellation of GST registration and GST number will be in suspended status till be the taxpayer files GST return for the mentioned period in the show cause notice. The show cause notice will be dropped automatically by the system after filing the GST return. In case GST return filing status is pending, the taxpayer is requested to reply to the showcase notice with the reasons for non filing within the time allowed in show cause notice.

Expert advice from GST return filing consultant

Mere knowledge of the filing procedure in the gst.gov.in portal is not sufficient for the efficient filing of GST returns, multiple components in GSTR-1 data, and ITC eligibility had to be taken care of. Get the support of knowledgeable GST return filing consultant for overall compliance of GST Act.

Frequently asked questions on GST return filing

We make it easy for you to find the answer to frequently asked questions here...

How to make payment of GST before GST online return filing ?

Option 1: Payment through net banking, No limit on the maximum amount and credit to electronic cash ledger is done instantly
Option 2: NEFT/RTGS – No restriction on maximum limit, once payment is made through the bank, and processed by the bank the same will be credited in the electronic cash ledger and communication e-mail will be sent by GST portal.
Option 3: Over the counter – Payment of GST in the counter method is restricted to the maximum amount of Rs.10,000, this method is used as the last option if we are not able to pay in online mode.

How much GST payment should be made in cash?

After saving GSTR-3B data, the button for set off and payment of GST will be enabled, the amount available in the electronic credit ledger and cash ledger will be auto-populated in set-off page, GST system will auto populate the remaining cash to paid for the period, once the remaining cash payment is made button for GST return filing will be enabled.

Why there is a difference between GSTR-2A and GSTR 2B ?

GSTR 2B is a input tax credit that can be availed in the current month, this is generated on or after the 14 of each month for the invoice filed by the supplier within due date. The data in the GSTR 2B is constant, but in case of GSTR-2A the data get updated each time a new invoice is filed throughout the month even after the due date.

How much is the penalty for late filing of GST periodic return ?

Late filing fees is Rs.20 per day for nil return filing and Rs.50 for others, the penalty will be calculated from the expiry of the due date and up to date of filing to return, GST late fees is collected while filing the return for next month.

Can I change the input tax credit value auto-populated in GSTR-3B ?

Yes it is editable and should’ve done only when the auto-populated data is not correct or there is any technical glitch, or where is requirement to reverse a ITC already availed due to application of GST provision and rules.

What is CGST, SGST, IGST tax ?

CGST means central goods and services tax, and this amount is the share of the central government, and SGST means state goods and service tax which is share of state government, IGST means integrated goods and service tax which is collected for interstate sales, exports, etc.

Can we file GST return for suspended GST registration number ?

GST return can be filed only for the period till which the GST number is active, therefore GST return can be filed for suspended GST registration number.

How to file GST return for composition scheme ?

GST return for composition scheme is filed every year in form no GSTR-4 on or before 30 th April of next financial year, tax amount and interest amount should be paid on the self-assessment basis on or before 18th of the month following each quarter.

What is first return after GST registration ?

First return after GST registration is applicable for taxpayers who are liable to apply for GST registration within 30 days of him/her becoming liable to apply GST registration. The details regarding sales made from the date of liability and up to date of grant of registration are declared, the revised invoice needs to be issued by the supplier within 1-month from the date of grant of registration. This enables the utilization of ITC credit by the receipt of supplies from the dealer.

Other precautionary points for GST return filing.

1. Quarterly return monthly payment scheme (QRMPS)

It is the process of filing the GST return on a quarterly basis and payment on every month, this scheme looks pretty good in general, but we need to calculate and pay the the tax amount every month even though GST return is not required to be filed for every month.

Every month tax amount to be paid is calculated therefore major part of work in GST return filing process is required to be completed.

Major part of work is required to be completed every month and consolidation work is required for quarterly return filing, therefore QRMP scheme is not beneficial in our view due to duplication of works.

2. Two-stage GST return filing

Monthly return for regular GST dealer is required to be filed in two stages, GSTR-1 return needs to be filed on or before 11 the of the succeeding month, and GSTR-3B should be filed on or after 14 of each month and on or before 20 the of each month.

In two-stage GST return filing once GSTR-1 is submitted by the suppliers within the due date, the data of the invoices submitted will be auto-populated in GSTR-2B of the customer in case of B2B sales.

Input tax credit for those invoices which are filed before the due date can be availed by your customer in the same month once it reflects in their GSTR2B.

Input tax credit for supplies received by us will be reflected in 2B only when our supplier had filed our invoices in B2B section before due date for filing GSTR-1 return.

So we are forced to follow our supplier regarding their GSTR-1 filing within the due date for availing input tax credit and the same thing applies to us.