Simple Article: GST Annual Return Filing in Delhi Introduction Goods and Services Tax (GST) is a significant tax reform in India, and businesses registered under GST in Delhi must comply with various filing requirements. One of the key filings is the GST Annual Return, which provides a summary of all monthly or quarterly returns filed during the financial year.
What is the GST Annual Return? GST Annual Return is a consolidated report of all GST-related transactions, including sales, purchases, input tax credit, and tax paid during a financial year. It helps the government ensure transparency and accountability.
Who Needs to File? All GST-registered businesses in Delhi, including traders, service providers, and manufacturers, must file the GST Annual Return, except: ● ● ● ●
Types of Annual Return Forms: ● GSTR-9: For regular taxpayers ● GSTR-9A: For taxpayers under the composition scheme (now discontinued from FY 2019-20) ● GSTR-9C: For taxpayers with annual turnover above ₹5 crores (includes reconciliation statement and certification by CA)
Steps to File GST Annual Return in Delhi: 1. 2. 3. 4. 5.
Log in to the GST portal (www.gst.gov.in) Navigate to 'Returns' > 'Annual Return' Select the financial year Fill in details as required (auto-filled in some sections) Submit the return and file using DSC or EVC
Conclusion Filing your GST Annual Return in Delhi is a mandatory compliance task that ensures your business remains in compliance with the law. If you find the process complex, consult a tax professional for timely and accurate filing.
Simple Article: GST Annual Return Filing in Delhi
Simple Article: GST Annual Return Filing in Delhi Introduction Goods and Services Tax (GST) is a significant tax reform in India, and businesses regis...
