Introduction:

This document provides an overview of the Goods and Services Tax (GST) filing and compliance
requirements for registered businesses.

1. GST Return Filing:

Registered businesses are required to file regular GST returns, typically on a monthly or quarterly
basis, based on their turnover. The return must be filed electronically through the designated GST
portal.

2. Types of GST Returns:

Different types of GST returns cater to various businesses, such as:

GSTR-1: Outward supplies (sales) made during the period.

GSTR-3B: Summary return to report tax liability and claim ITC.
GSTR-4: Quarterly return for Composition Scheme taxpayers.
GSTR-9: Annual return, consolidating all transactions for the financial year.
3. Timelines for Filing:
Businesses must adhere to the prescribed due dates for filing GST returns. Late filing may attract
penalties and interest.

4. GST Audit:
Certain businesses are required to undergo a GST audit conducted by a qualified professional. The
audit ensures compliance with GST laws and verifies the accuracy of the filed returns.

5. Penalties for Non-Compliance:

Failure to comply with GST regulations, including non-filing or incorrect filing of returns, may result in
penalties and interest charges. Persistent non-compliance may lead to the cancellation of GST
registration.