Choosing the right partner for GST compliance is vital. At Finodha, we offer a blend of affordability, expertise, and convenience. Here’s why thousands of businesses trust us for GST return filing:

• Affordable Pricing: Our GST filing services start as low as ₹125 per month, making us one of the most budget-friendly options available.
• Expert Assistance: Our team comprises experienced professionals who understand the nuances of GST laws and provide personalized support.
• Timely Filing: Never miss a deadline with our proactive filing services. Avoid penalties and maintain a stellar compliance record.
• Secure Data Handling: Your data is secure with us, thanks to robust confidentiality measures and real-time updates.
• All-in-One Solution: From GST registration to return filing, refunds, and consultations, we are a one-stop shop for all your GST needs.

GST Return Filing is a statutory obligation for every business registered under the Goods and Services Tax (GST) framework in India. A GST return is a document containing details of income, sales, purchases, and tax paid. These details are filed on the GST portal to calculate tax liability and claim input tax credit (ITC).

Regular filing ensures compliance, minimizes legal risks, and enables businesses to operate without interruptions. Non-compliance can lead to penalties, interest charges, and even cancellation of GST registration.

Understanding the different types of GST returns is crucial for staying compliant. Here’s a detailed breakdown of the commonly filed GST returns:

1. GSTR-1: Monthly or quarterly return for outward supplies, detailing sales and revenue.
2. GSTR-3B: A simplified monthly summary return to report total sales, purchases, and tax liability.
3. GSTR-4: Quarterly return filed by taxpayers under the composition scheme.
4. GSTR-5: Return for non-resident taxable persons.
5. GSTR-6: Monthly return filed by input service distributors (ISD).
6. GSTR-7: Return for taxpayers required to deduct tax at source (TDS).
7. GSTR-8: Return for e-commerce operators required to collect tax at source (TCS).
8. GSTR-9: Annual return providing a summary of all monthly or quarterly returns filed.
9. GSTR-10: Final return filed when a GST registration is canceled.

Each return serves a specific purpose, and understanding their requirements ensures accurate and timely compliance.

Our step-by-step GST return filing process ensures a smooth and error-free experience:

1. Registration and Account Setup: Begin by registering on the Finodha platform. Our intuitive interface guides you through the setup process.

2. Data Collection: Submit the necessary documents, including invoices, purchase details, and tax payment information.

3. Return Preparation: Our experts meticulously prepare your returns, ensuring every detail aligns with GST norms.

4. Review and Verification: We double-check your returns for accuracy and compliance.

5. Filing on the GST Portal: The verified return is submitted to the GST portal, and acknowledgment is provided.

Post-Filing Support: We monitor the filing status, address discrepancies, and assist with queries.

For businesses looking to understand the online filing process, here’s a comprehensive guide:

1. Login to the GST Portal: Access the official GST portal (www.gst.gov.in) using your GSTIN and password.

2. Select the Applicable Form: Choose the relevant return form based on your business type (e.g., GSTR-1, GSTR-3B).

3. Input Details: Fill in details of outward supplies, purchases, input tax credit, and other relevant information.

4. Verify Data: Carefully cross-check all the entered data to avoid errors.

5. Submit the Return: Once satisfied, file the return. Make the necessary tax payment if applicable.

6. Download Acknowledgment: Save the acknowledgment for future reference.

With Finodha’s expert guidance, you can complete these steps without stress or confusion.

To ensure a seamless filing experience, gather the following documents:

• GSTIN (Goods and Services Tax Identification Number)
• Sales and purchase invoices
• Debit and credit notes, if applicable
• Tax payment receipts
• HSN/SAC codes for goods and services
• Bank account details for refunds

Our team at Finodha assists in organizing and verifying these documents to eliminate errors.

Timely compliance is essential to avoid penalties. Below are the deadlines for key GST returns:

• GSTR-1: 11th of the next month or quarterly for small taxpayers.
• GSTR-3B: 20th of the following month.
• GSTR-4: 18th of the month after the quarter for composition taxpayers.
• GSTR-9: 31st December of the following financial year.

We keep track of deadlines for you, sending reminders to ensure compliance.

Failing to file GST returns on time can lead to significant costs:

• Late Fee: ₹50 per day (₹20 per day for NIL returns).
• Interest: Charged at 18% per annum on outstanding tax liabilities.

By partnering with Finodha, you can avoid these unnecessary expenses and maintain a clean compliance record.

If you have paid excess GST or are eligible for a refund, here’s the process:

1. File Application: Submit Form RFD-01 on the GST portal.
2. Upload Documents: Provide relevant invoices, tax payment receipts, and bank statements.
3. Verification: The tax authorities review your application and supporting documents.
4. Refund Approval: Once approved, the refund amount is credited to your registered bank account.

At Finodha, we simplify the GST refund process, ensuring faster approvals and minimal hassle.

Timely filing is not just about avoiding penalties. Here’s why it matters:

• Claim Input Tax Credit (ITC): Delayed filings can lead to loss of ITC benefits.
• Build Credibility: Regular compliance fosters trust with customers and suppliers.
• Stay Audit-Ready: Proper filing ensures your business is always ready for audits.

Avoid Disruptions: Non-compliance can lead to suspension of GSTIN, affecting operations.

Simplify your GST compliance with Finodha, India’s most affordable and trusted GST filing platform. Our dedicated team ensures:

• Accurate preparation and timely filing.
• Affordable services tailored to your business needs.
• Complete assistance from registration to refunds.

Whether you’re a new business or an established entity, Finodha is your partner for all GST compliance needs.

No, GST returns cannot be revised once filed. Any errors must be corrected in subsequent returns.

GSTR-9 is an annual return that consolidates all monthly or quarterly returns filed during the financial year.

Finodha provides end-to-end GST filing services, from document preparation to return submission and post-filing support.

Yes, businesses registered under GST, regardless of size, must file returns regularly as per their category (regular, composition, etc.).