GST NIL Return Filing
Filing NIL GST Return – In Less than One Minute Regardless of monthly revenue or profitability, everyone with a GST registration is required to file a GST return. Therefore, even if the taxpayer states that the registered firm has not sent any invoices, they must log in to the GST platform and submit NIL returns. If the taxpayer doesn't submit a NIL return, they will be fined Rs. 100 every day until they do. Therefore, before the deadline, every taxpayer with a GST registration must submit a NIL GST return. Is nil return required under GST? Yes, on the 10th, 15th, and 20th of each month, all taxpayers with GST registrations are required to file GST returns. The taxpayer must sign in to the GST system and submit a NIL GST return even if there was no commercial activity or transaction during the month in order to avoid fines. Do I have to file Nil GSTR3B return? All taxpayers with GST registrations are required to complete a GSTR-3B return for the months of July and August 2017. Eve...