All business owners and dealers who have registered under the GST system must file GST returns according to the nature of their business or transactions. Regular Businesses. Businesses registered under the Composition Scheme
A person having a valid GSTIN has to compulsorily file the GST returns.
A person having a valid GSTIN has to compulsorily file the GST returns.
GST Registration Documents
Taxpayers should note that there are no GST Registration fees. Therefore, you need not pay anything for registration under GST. But, defaulting tax payments or making short payments will incur a GST penalty.
24efilling helps you with the following with reference to GST Registration
The GST Registration is a mandatory process for companies who are involved in the buying and selling of goods and who have their business with an annual turnover of 40 lakhs or service that brings a turnover of 20 lakhs and above.
A GST Returns is a procedure which explains the details of income that is required to be filed with the tax authorities as per the law. As per the GST laws and regulations, a taxpayer is entitled to submit two GST returns viz and one to be filed on a monthly basis and the other one to be filed annually. The registered taxpayer under the governance of GST has to file the GST returns which includes the Purchases (GST paid on purchases), Sales, and GST and input tax credit.
GST Compliance is a system which compels the entrepreneurs and companies to have their GST Returns filed on a regular basis and be compliant with time and uploading all the other necessary documents to the Department of Revenue (DOR).