Description

We at VJ consilium cater customers on monthly filing of your GST Returns within the stipulated time. Before going into the process of GST filing, it is important to understand what GST return means for business owners and service providers. GST returns essentially stands for filing of all GST. Every individual who is covered under the GST Act must produce their income to the Tax Department of India. This is known as return and it includes details of every sale and purchase. A GST Return is a document that mentions all details related to GST invoices, payments, and receipts for a specific period. A taxpayer is liable to declare all transactions related to the revenue of the business based on which the authorities will calculate the amount of tax to be paid by the business. Under this system of taxation, concerned individuals must file their GST return 26 times in a year. While business owners have to go for goods and services tax filing two times every month, they must also file two additional time half-yearly. Before moving into the process of filing GST return, it is essential to understand a few additional things.