Question 1

Is GST return filing mandatory in case of no invoicing/no business?

Accepted Answer

Yes. GST Returns must be filed according to the GST law. GST return filing is mandatory, irrespective of whether or not any transaction has been recorded in a month. In case of non-filing of nil GST Returns, a late fee of ₹100 per day will be chargeable till such delay continues.

Question 2

Do we need to upload all invoices while GST return filing?

Accepted Answer

No. It purely depends upon 2 factors whether you need to upload all invoices while GST return filing-

Whether you are uploading B2B or B2C invoice
Whether you are involved in Intra-state or Inter-state supplies.

Question 3

Which type of GST invoices have to be uploaded in case of B2B supply?

Accepted Answer

In case of B2B supply, all invoices shall be uploaded, regardless of Intra-state or Inter-state supply. Only then, the Input credit can be claimed by the recipient business.

Question 4

Which type of GST invoices have to be shown in case of B2C supply?

Accepted Answer

In case of B2C supply, invoices, may not be required as the customers shall not take Input credit.

So, in that case, the invoices of value exceeding ₹2.5 lacs are to be furnished in case of inter-state B2C supplies.
In case of inter-state invoices below ₹2.5 lacs an intra-state supply, state wise summary will be sufficient.

Question 5

How to revise the GST returns?

Accepted Answer

Any amendment or revision in a GST return filing is recorded in rectification return.

Question 6

How to revise the GSTR-1?

Accepted Answer

To record an amendment or revision in a GSTR-1 Form GSTR-1A shall be filed.

Question 7

What is the maximum Penalty for Not filing GST returns?

Accepted Answer

In any case, the maximum penalty payable for non-filing of GST return being filed is set at ₹5,000 by the Government.

Question 8

Who needs to file monthly GSTR-1?

Accepted Answer

All taxpayers having annual turnover beyond 5 crores needs to file Monthly GSTR-1 till 10th of every month.

Question 9

Which type of GST return has to be filed while GST cancellation?

Accepted Answer

In case of cancellation of GST registration, Final return GSTR-10 has to be filed. The Form GSTR-10 has to be filed within 3 months after theGST cancellation.

Question 10

What if Final GST return not filed?

Accepted Answer

In case of failure to file final GST return,

A notice shall be sent the registered person by the authority.
The maximum period for filing GSTR-10 is 15 days time.
In case of failure to serve this notice period, GST officer shall pass the final order of GST cancellation along with the amount of net GST tax payable and the sum of interest or penalty.

Question 11

What is the Late fee in case of Annual return GSTR-9?

Accepted Answer

Late fee in case of late Annual GST return filing in FORM GSTR-9 is ₹200 per day till such delay continues. Out of that, ₹100 is payable under for CGST act & SGST/UTGST Act respectively.

Question 12

What is the Maximum Penalty in case of GSTR-9?

Accepted Answer

The maximum penalty payable in case of annual GST return filing shall be 0.25% of the Turnover for the respective financial year.

Question 13

What is the Late fee in case of Late GST return filing?

Accepted Answer

Late fees in case of Non-filing of GST returns is as follows-

In case of nil transaction in GST return,

A late fee of ₹100 per day will be chargeable until such delay continues.
Out of this ₹50 is payable under for CGST act & SGST/UTGST Act respectively.

In case even a single transaction has been recorded,

A penalty of ₹200 per day will be chargeable until such delay continues.
Out of this ₹100 is payable under for CGST act & SGST/UTGST Act respectively.

Question 14

Is it mandatory to file GST return ?

Accepted Answer

Yes, Once you have taken GST registration, you have to file GST Return irrespective of the turnover

Question 15

What if i have taken GST Registration but there is no business, do i still need to file GST Return ?

Accepted Answer

Yes, you still have to file GST return irrespective of the business occurred or not.

Question 16

What are the types of GST returns need to be file?

Accepted Answer

Under Normal Scheme, two types of the GST returns required to be filei.e. GSTR-1 & GSTR-3B.

Question 17

What is due date of GSTR-3B?

Accepted Answer

GSTR-3B requires to be file every month. Due date of filing GSTR 3B return is 20th of next following month.

Question 18

What is the due date of GSTR-1 Return?

Accepted Answer

GSTR 1 Return requires details of sales & outward supplies. Due date of this return is 10th of every Quarter/Month based on turnover.

Question 19

Which GST return require to be file under Composition Scheme?

Accepted Answer

Under Composition scheme, GSTR 4 requires to be file on quarterly basis.

Question 20

What if i don't file GST Return ?

Accepted Answer

Non-filing of GST return on time will attract a penalty of ₹20-50 per day until GST return for such month/ quarter not filed.

Question 21

My turnover is not exceeding INR 20 Lakhs Do i still need to file returns ?

Accepted Answer

Once you have obtained GST Registration, You have to file GST returns irrespective of the turnover

Question 22

Is filing of GST Return Online mandatory to avail Input Tax Credit?

Accepted Answer

Yes, without GST Return filing online you cannot avail input tax credit,

Question 23

Is Digital Signature Required for GST return filing?

Accepted Answer

No, if you are a sole proprietor or partnership firm, DSC won't be required, For other business types such as private limited company, public limited company, OPC and LLP, DSC of authorized signatory is required to file gst return.