If a registered person file nil return for several months , and files a normal return for the first time, whether any penalty or charges will he be facing
Replies (6)
Quick Summary
If you've been filing nil GST returns for a period and are now ready to file a normal return, you generally won't face any penalties. You have the flexibility to choose between filing a nil return if you had no sales or purchases, or a normal return reflecting your actual business transactions. The key is to accurately report your business activity for each tax period.