0 hidden charges. 0 forex

GST Return: Everything You Need To Know

Reviewed by
Created on
May 5, 2023


What’s Inside

Goods and Services Tax (GST) is a consumption tax levied on the supply of goods and services in India. GST has replaced indirect taxes like service, excise, and value-added taxes. GST returns allow taxpayers to report their GST liability to the government. If you want to know how to file a GST return, the GST return filing is a simple online process through the GST portal. The due dates for filing GST returns are determined based on the taxpayer's turnover.

Filing GST returns is mandatory for all entities registered under GST, including individuals, sole proprietors, partnerships, companies, and others. Filing GST returns on time is important to avoid penalties and interest. In this article, we will discuss in detail what GST returns are, who should file them, and the due dates for filing GST returns. 

What are GST Returns?

A GST return is a document that a registered taxpayer must file with the Goods and Services Tax authorities. The GST return contains details regarding the taxpayer's revenue, such as purchases, sales, input tax credits, and output tax liabilities.

If you are a taxpayer, the GST authorities will use your GST return to calculate your GST liability. The return must be filed according to the GST council's deadlines.

Who Should File GST Returns?

GST returns must be filed by all organisations and people registered for GST, including:

Regular Taxpayers 

Regular taxpayers are those who submit GST returns on a monthly or quarterly basis.

Non-resident Taxpayers 

Non-resident taxpayers are businesses that provide products and services to Indian citizens without establishing a permanent presence there. 

Input Service Distributors 

Input service distributors are individuals or businesses who purchase goods and services and distribute the input tax credit across their branches. 

Composition Scheme Taxpayers 

Businesses having a turnover of up to ₹1.5 Crores that opt to participate in the composition scheme can pay a predetermined proportion of their revenue as GST falls under this provision. 

How to file GST Returns

GST return filing can be done by logging in to the GST portal and navigating the Returns Dashboard section. After selecting the applicable return form, fill in the details of the outward supplies, tax collected, and Input Tax Credit (ITC) claimed. Verify the information provided and submit the return. If there is any tax liability, make the payment through the GST portal using online modes of payment. If there are no transactions during the period, file a NIL return. If there are any errors in the return filed, rectify them by filing a revised return within the due date. Finally, download a copy of the acknowledgement receipt after submitting the return. Ensure compliance with all GST regulations and keep oneself updated with any changes in the rules and regulations.

Due Dates for Filing GST Returns

Here are the due dates for different types of GST returns:


In conclusion, filing GST returns is a crucial part of compliance for all organisations registered for GST. To avoid fines and interest fees, filing the returns on time and precisely is essential. 

Make sense of your personal finance instantly with Fi Money. You can open a zero-balance savings bank account. Next, get all your money questions answered by Ask Fi, an intuitive personal finance assistant. Regularly use the app, as it encourages you to build better monetary habits, meet all your money goals & reward you for making significant financial choices. Fi and its licensed banking partner help categorise your daily, weekly & monthly expenses to manage your money online easily — so you spend smarter...not less.

Frequently Asked Questions

What is GST return?

A GST return is a document that a registered taxpayer must file with the Goods and Services Tax (GST) authorities. The GST return contains details regarding the taxpayer's revenue, such as purchases, sales, input tax credits, and output tax liabilities. 

Who should file a GST return?

GST returns must be filed by all entities and individuals who have registered for the GST, including regular taxpayers, non-resident taxpayers, input service distributors, and composition scheme taxpayers. 


Fi Money is not a bank; it offers banking services through licensed partners and investment services through epiFi Wealth Pvt. Ltd. and its partners. This post is for information only and is not professional financial advice.
Share this article
Copied Link!
Personal Finance
GST Return: Everything You Need To Know


View similar articles in
Personal Finance
Get the Fi app