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Is GST filing mandatory even if we have registered for GST?

Rahul J (1 Points)

22 January 2021

Hi there!

We have a registered private limited firm which is currently having a turnover of less than Rs. 10 lakhs annually. As per the rules, we are not required to take GST registration but certain of our clients/service providers insist that they require GSTIN.

If we have a turnover of less than Rs. 10 lakhs and a GST registration, does it become mandatory for us to file GST every month?

Regards,

Rahul

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5 Replies

shah (student) (621 Points)
Replied 22 January 2021

Yes once you take registered then its mandatory to file return even if business is not running

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) (3293 Points)
Replied 22 January 2021

All registered businesses have to file monthly, quarterly and/or annual GST Returns based on the type of business. All these GST filings online happen on the GST portal.

A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability.

Under GST, a registered dealer has to file GST returns that include:

Purchases
Sales
Output GST (On sales)
Input tax credit (GST paid on purchases)

To file GST returns or GST filing, GST compliant sales and purchase invoices are required. You can generate GST compliant invoices for free on ClearTax BillBook.

akshay parakh (Chartered Accountant) (394 Points)
Replied 25 January 2021

If u are registered you have to file it

Bhavika Kothari (CA) (1258 Points)
Replied 31 January 2021

If you have registered GST then filing GST returns is mandatory

Ritika Verma (12 Points)
Replied 17 May 2021

It is mandatory for every registered taxpayer to file GST Return. ... The taxpayer may receive a notice from the GST Department for non-filing of returns to which an appropriate response needs to be submitted. The taxpayer cannot apply for the cancellation of registration if he does not file all the returns.

We provide a GST Registration, Let us know, If you need to register for the same