File GST Return or Not??

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If your LLP has obtained GST registration but has had no transactions, you are still obliged to file a GST return. In such cases, you should file a 'NIL' return. It's important to note that the turnover limit for registration does not exempt you from filing returns once you are registered; you must continue to file them, even if they are NIL.

Ikramuddin Saifi

Ikramuddin Saifi (Querist)

20 October 2021 Dear Sir, We Registered a LLP firm and get GST Registration before 2 month, but there is no transaction made till date due to another registrations work is under process. Now i want to know, should we file GST return or not?? Thank you in advance.

Udaya Chandran

Udaya Chandran (Expert)

20 October 2021 Once you're registered, you're obliged to file returns. In case, no transaction, file NIL return.

Ikramuddin Saifi

Ikramuddin Saifi (Querist)

20 October 2021 But I heard that-If the person is registered under the GST Act, but the turnover of business is not exceeding Rs. 40 Lakhs, then the registered person is not liable to file GST return.

Udaya Chandran

Udaya Chandran (Expert)

20 October 2021 The limit is applicable only for registration. If once registered, the registered person has to charge GST in his bills and pay to the Government.

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