GST Return Filing – File GST Online with Mytaxwala.in 

Every business registered under the GST regime in India is required to file GST returns periodically monthly, quarterly, or annually based on their business type and turnover. While GST return filing may seem complex, mytaxwala.in simplifies the entire process with expert support and intuitive online tools to help you stay compliant effortlessly. 

Stay GST compliant with mytaxwala’s hassle free GST return filing services, powered by advanced software and dedicated tax experts. 

What is a GST Return? 

A GST Return is a document containing details of all income, sales, purchases, and tax paid by a registered taxpayer during a specific period. It enables the government to calculate the net tax liability of a business. 

GST Returns include: 

• Sales (Outward Supplies)
• Purchases (Inward Supplies)
• Output GST (Tax collected on sales)
• Input Tax Credit (ITC) (GST paid on purchases)

Filing GST returns online is mandatory for every holder of a GSTIN (GST Identification Number). 

Who Needs to File GST Returns? 

 Every individual or business registered under GST must file returns. This includes: 

• Regular taxpayers
• Composition scheme dealers
• E-commerce operators
• Input Service Distributors (ISD)
• Non-resident taxable persons
• Entities liable to deduct or collect tax (TDS/TCS)

Entities with an annual aggregate turnover exceeding prescribed limits must file returns on or before the due dates to avoid late filing penalties and interest charges. 

Auto-Generated & Supporting Returns 

• GSTR-2A: Dynamic view of inward supplies auto-populated from supplier returns
• GSTR-2B: Static monthly statement aiding ITC reconciliation
• GSTR-3 & GSTR-2: Currently deferred returns under the old system

Penalties for Late Filing GST Returns 

Failing to file GST returns on time can lead to penalties and interest: 

• Late Fee: ₹100 per day per Act (₹200/day for CGST + SGST), up to ₹5,000
• Annual Return (GSTR-9/9C): Late fee up to 0.25% of turnover
• Interest: 18% per annum on late tax payment

You cannot file subsequent returns if previous ones are pending, leading to accumulating delays. 

Why Choose Mytaxwala.in for GST Return Filing? 

Dedicated GST Advisor 

Work with an expert who understands your business and ensures timely GST return filing, invoice uploading, and ITC reconciliation. 

Timely Filing Reminders 

Never miss a deadline with automated reminders and periodic follow-ups from your personal tax advisor. 

Monthly Filing Status Reports 

Receive monthly summaries of your GST return status, along with advice on improving compliance and avoiding penalties. 

LEDGERS GST Software (Powered by mytaxwala.in) 

Enjoy seamless GST compliance through our cloud-based platform, with features like: 

• GST invoicing & payments
• Real-time business financials
• Automatic GSTR-1 & GSTR-3B filing
• Input Tax Credit (ITC) auto-reconciliation
• GST e-way bill generation
• ICICI Bank integration
• Purchase & sales tracking

Full Accounting Support 

Your invoices and transactions are recorded for GST, ITR, and TDS purposes, ensuring all-round compliance. 

Outsource Your GST Filing to Mytaxwala.in 

When you outsource your GST filing to mytaxwala.in: 

• A dedicated expert handles all compliance and filings
• Your data is managed securely on the cloud
• Your business stays compliant, updated, and penalty-free

Start Filing Your GST Returns with Mytaxwala.in 

Stay on top of your tax obligations with India’s trusted GST filing experts. Talk to a mytaxwala.in advisor today and make GST compliance stress-free! 

GST Return Due Dates 

Documents Required for GST Return Filing by Accountant 

• Invoice
• Purchase Invoices
• Bank Statement