Managing 300+ startups & brands
Kickstart Your
GST Return Filing Online in India: Benefits, Process and Documents Required
with our Expert Assistance
- MicroFinance (Sec-8) Company
- CRIF Highmark Credit Score
- MicroMuneem Accounting Software
- ENach Auto Debit Services by ICICI Bank
- Expert support by Adv Mohit Singh
- Funding Assistance upto 10 crores
- Compliance Assurance
GST Filing– Complete Process and Benefits
What is GOODS AND SERVICES TAX (GST) Filing?
GST return filing is a mandatory compliance for all GST-registered businesses in India. Every business must report sales, purchases, input tax credit, and tax liability through GST returns. Failure to file returns on time can lead to penalties, cancellation of GSTIN, and disruption in business operations.
GST return is a tax document that registered businesses must submit to the GST department. It includes details about:
- Sales and purchases
- Output GST (collected)
- Input GST (paid)
- Tax liability and refunds
Filing returns online through the GST portal helps ensure transparency and regular compliance with India’s indirect tax system.
Every registered GST taxpayer in India must file GST returns to report their sales, purchases, tax collected, and tax paid. Filing correct GST returns is important not only for compliance but also to claim Input Tax Credit (ITC) and steer clear of hefty penalties.
At MrBrandy, we provide end-to-end GST Registration & filing services to make the process quick, accurate, and stress-free.
Benefits of Filing GST Returns Timely
- You can claim Input Tax Credit (ITC) without restrictions
- You avoid penalties and interest
- You keep a clean compliance rating on the GST portal
- You improve financial management and record-keeping
- It is required for bank loans, tenders, and government contracts
Who should file GST Returns?
Under the GST regime, regular businesses having more than Rs 5 crore as annual aggregate turnover (and taxpayers who have not opted for the QRMP scheme) have to file two monthly returns and one annual return.
Taxpayers with a turnover of up to Rs 5 crore have the option to file returns under the QRMP scheme. The number of returns for QRMP filers is 9 each year, which includes 4 GSTR-1 and GSTR-3B returns each and an annual return. However, QRMP filers have to pay tax on a monthly basis even though they are filing returns quarterly.
There are also separate returns required to be filed in special cases, such as composition dealers, where the number of GSTR filings is 5 each year (4 statement-cum-challans in CMP-08 and 1 annual return GSTR-4).
Types of GST Returns
- GSTR-1: Details of outward supplies (sales)
- GSTR-3B: Monthly summary return of sales, ITC, and tax liability
- GSTR-4: Quarterly return for composition scheme dealers
- GSTR-5: Return for non-resident taxable persons
- GSTR-6: Return for Input Service Distributors (ISD)
- GSTR-7: Return for persons deducting TDS under GST
- GSTR-8: Return for e-commerce operators collecting TCS
- GSTR-9: Annual return for regular taxpayers
- GSTR-9C: Reconciliation statement certified by CA for large taxpayers
Documents Required for GST Return Filing
- GSTIN (Goods and Services Tax Identification Number)
- Sales invoices (outward supplies)
- Purchase invoices (inward supplies)
- Debit and credit notes
- E-way bills (if applicable)
- Bank account statements
- Input Tax Credit details
- Previous return details (if any)
Process of GST Return Filing with MrBrandy
Step 1 – Data Collection
Provide sales, purchase, and invoice details for the return period.
Step 2 – Verification & Tax Calculation
Our experts reconcile sales and purchase data, ensuring accurate ITC claims.
Step 3 – Online Filing
We file the return on the GSTN portal before the due date.
Step 4 – Acknowledgement
Receive acknowledgement from the portal confirming submission.
Step 5 – Compliance Monitoring
We track filing schedules and send reminders to ensure you never miss a due date.
GST Return Filing Due Dates
- Monthly Filing (Regular taxpayers): 11th and 20th of every month (for GSTR-1 and GSTR-3B)
- Quarterly Filing (Small taxpayers): 13th of the following month under QRMP scheme
- Annual Return (GSTR-9/9C): 31st December of the following financial year
Why Choose MrBrandy for GST Return Filing?
- Team of experienced GST experts and Chartered Accountants
- Accurate reconciliation of sales, purchases, and ITC
- On-time filing reminders to avoid penalties
- Affordable packages for startups, SMEs, and corporates
- Hassle-free online process with dedicated support
FAQs on GST Return Filing in India
Is GST return filing mandatory for all businesses?
Yes. Every GST-registered business must file returns, even if there are no sales (nil returns).
What is the penalty for late GST return filing?
Late fees of ₹50 per day (₹20 for nil return) plus interest at 18% per annum are applicable.
Can I revise a GST return after filing?
No. Once filed, GST returns cannot be revised. However, corrections can be made in the next return period.
How do I file GST returns if I have no sales?
You must still file a Nil GST return to remain compliant.
Who files GSTR-9C?
Businesses with turnover above ₹5 crore must file GSTR-9C, certified by a Chartered Accountant.
File GST Returns Now
Ensure timely and accurate GST return filing with MrBrandy. From data reconciliation to online submission, we manage everything so your business stays compliant and penalty-free.