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Dear Expert,
Is there to file Nil return of GSTR-7 if the firm does not sell metal scrap? who is liable to file gst return?
A question about Nil returns and GST compliance! Nil Return of GSTR-7 GSTR-7 is a return to be filed by persons required to deduct Tax Deducted at Source (TDS) under GST.
If your firm is not required to deduct TDS (e.g., not selling metal scrap), you are not liable to file GSTR-7. However, if you are required to file GSTR-7 but have no TDS deductions to report, you can file a Nil return. Who is Liable to File GST Return?
The following persons are liable to file GST returns:
1. _Registered persons_: All registered persons under GST, including those with Nil returns.
2. _Tax Deductors_: Persons required to deduct TDS under GST (GSTR-7).
3. _Input Service Distributors_: Input Service Distributors (ISDs) are required to file GSTR-6.
4. _E-commerce Operators_: E-commerce operators are required to file GSTR-8.
Additional Tips
1. _Verify GST registration_: Ensure your firm is registered under GST, if required.
2. _Determine GST return filing requirements_: Based on your business activities, determine which GST returns you are required to file.
3. _Consult a tax professional_:
If you're unsure about GST compliance or return filing requirements,
Sir, thanks for reply, but still I am not clear, if Firm is registered under GST and firm business is not related to sell of metal Scrap, now firm will be liable to file GSTR7 "nil return" or no filling is required.
A clarification on GSTR-7 filing requirements! GSTR-7 Filing Requirements GSTR-7 is a return to be filed by persons required to deduct Tax Deducted at Source (TDS) under GST.
Your Firm's Situation Since your firm is registered under GST but is not engaged in the sale of metal scrap, and assuming you are not required to deduct TDS under GST, you are *not required to file GSTR-7*, including a Nil return.
GST Return Filing Requirements As a registered person under GST, you will still be required to file other GST returns, such as:
1. _GSTR-3B_: A monthly or quarterly return, depending on your turnover.
2. _GSTR-1_: A monthly or quarterly return, depending on your turnover.
1. _Verify GST return filing requirements_: Based on your business activities and turnover, determine which GST returns you are required to file.
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