Meaning of GST Return
What is GST return?
GST return is a document containing all the 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:
- Output GST (On sales)
- Input tax credit (GST paid on purchases)
Once you file GST returns, you will need to pay the resulting tax liability (money that you owe the government).
Read More: Who should file GST Returns?
To file GST returns or GST filing, GST compliant sales and purchase invoices are required. You can file your GST return from our website by clicking on the following link: GST Return Packages – Onlineideation