GST Return Filing In India
W.e.f. 1st July, 2017, a new indirect tax system namely “Goods & Service Tax” (GST) is implemented in India replaced with old indirect tax regime mostly having various Central and State level multiple tax such as Service Tax, VAT, Excise etc.
There is very transparent and user friendly online system develop by the govt.
There are many type of return of various type of business class.
GSTR3B – A monthly report towards sale/purchase with discharge of any tax liability.
GSTR1– A detailed report submit separately towards B2B and B2C.