How to File GST Returns Easily – A Guide for Small Businesses

-

How to File GST Returns Easily – A Guide for Small Businesses

Simple guide to filing GST returns for small businesses in India – illustration of GST form, laptop, businessman, and tax document

Filing GST returns can be daunting, especially for startups and small businesses. But with the right knowledge and support, it can become a smooth, timely, and compliant process. At M A Ashraf & Co. – Chartered Accountants, we help Indian businesses stay GST-compliant without hassle. Here’s your step-by-step guide on how to file GST returns easily.

1. Know Which GST Returns You Must File

Depending on your business type, you may need to file one or more of the following:

  • GSTR-1: Details of outward supplies (sales)
  • GSTR-3B: Summary return for tax payment
  • GSTR-4: For Composition Scheme taxpayers
  • GSTR-9: Annual return

Refer to the official GST Portal – Returns Section for updated form details.

2. Keep Your Books and Invoices in Order

Ensure that all your sales and purchase invoices are GST-compliant. Maintain records for at least 6 years as per Section 35 of CGST Act.

3. Use the Right Tools or a GST Consultant

While small businesses can use the offline GST utility tool, most prefer using a CA or cloud-based software like ClearTax or Zoho Books. At M A Ashraf & Co., we offer affordable monthly GST return filing plans.

4. Deadlines You Must Remember

Missing GST deadlines leads to penalties. Here are the basic timelines:

  • GSTR-1: 11th of next month
  • GSTR-3B: 20th of next month (or 22nd/24th based on state)
  • GSTR-9: 31st December of following FY

Always verify dates at the Central Board of Indirect Taxes & Customs (CBIC).

5. File via the Official GST Portal

You can log in to www.gst.gov.in with your GSTIN, prepare returns manually or upload JSON files using tools. After verification via DSC/OTP, submit and pay tax online via net banking or UPI.

Need Help Filing GST Returns?

We assist with GST registration, monthly filings, reconciliation, and notices. Reach us through our Contact Page or chat directly on WhatsApp.

Disclaimer: This article is for general awareness. It complies with ICAI’s code of ethics and does not promote solicitation or advertisement.

M A Ashraf & Co. – Chartered Accountants
Specialising in GST, Income Tax, and Startup Advisory
📍 Serving PAN India | 💼 camdayazashraf.blogspot.com

Comments

Post a Comment

Popular posts from this blog

Is Selling Gold Taxable in India? A Comprehensive Guide:

-
Image
Gold holds a special place in Indian culture- not just as a symbol of wealth and tradition but also as a preferred investment. However, many are unaware that selling gold, whether in the form of jewellery, bars, coins, or digital formats, may attract taxes under the Income Tax Act. As a Chartered Accountant, my aim is to clarify the tax implications associated with gold transactions to help you stay compliant and financially informed. Understanding Capital Gains on Gold Under Indian tax laws, profits from the sale of gold are classified as capital gains . While many personal assets like furniture or clothing are exempt from such taxation, jewellery is explicitly treated as a “capital asset” —even if it’s a thread of gold in clothing or a small stone embedded in a decorative piece. This rule applies to : • Gold, silver, platinum jewellery • Precious and semi-precious stones (even when loose) • Utensils or decorative items made from or embedded with precious metals Exception :...
Read more

Benefits of Filing Income Tax Returns Even If Not Mandatory

-
Image
Why Filing ITR Voluntarily Can Be a Smart Move Many individuals believe that filing Income Tax Returns (ITR) is only necessary if their income exceeds the basic exemption limit. However, even if you are not legally required to file ITR, doing so can offer several long-term benefits. At M A Ashraf & Co. - Chartered Accountants , we advise clients to understand these advantages before deciding to skip filing. 1. Claiming Income Tax Refunds If TDS (Tax Deducted at Source) has been deducted from your income but your total income is below the taxable limit, filing an ITR is the only way to claim a refund from the Income Tax Department. 2. Useful for Visa Applications When applying for visas to countries like the USA, UK, Canada, or Schengen nations, you may be required to submit your ITR copies as proof of financial stability and tax compliance. 3. Helps in Loan Applications Most banks and NBFCs require ITR receipts for processing loans (home, vehicle, or business loans). ...
Read more