How to fill nil gst return

When you file GSTR-3B online, there is an option available for filing nil return.

“A. Do you want to file Nil return?”

Select that and file the return

But in case of GSTR-1, no such option is available

For that you have to create a nil voucher in table-7 to generate the summary and then you can file nil GSTR-1. Select home state in place of supply, zero in rate and zero in taxable value and tax amounts column.

Nil return is filed when there is no sale for the relevant period .Accordingly, GST law provides the facility to the Taxpayer that they can even file NIL GST Return either of any scheme (Composition or regular ) .

Yes, you can file nil GST returns. Term GST stands for the Goods and Services Tax. GST is basically a value-added Tax which is taxed at different check points in the chain of supply, allowing credit for any tax paid on participation attained for the use in supply. Thus, the end-person or consumer is liable to bear the tax being the last in the chain of supply. With the implementation of GST bill in India the indirect tax structure will be simplified at central level and state level. Till now there was a complexed multi-layered taxation system in India, which will be replaced by GST.

You may need a professional as amendments in GST are too frequent. Almost every week there is some or the other change in the law. An amendment requires in-depth knowledge and analyzing and implementing such changes is altogether different task .

So,if you are ready and have time, you can very well file your own return . But if the nature of business involves complex billing and transactions, you may reach out to a professional.