What happens if you never file GST return?

If you don’t file any GST return then subsequent returns cannot be filed. For example, if GSTR-2 return of August is not filed then the next return GSTR-3 and subsequent returns of September cannot be filed. Hence, late filing of GST return will have a cascading effect leading to heavy fines and penalty (see below).

What is the penalty for not filing nil GST return?

Amount of late fees to be paid would be Rs.150 (Rs. 50 per day for 3 days). The late fee would be Rs.75 under CGST and Rs.75 under SGST. If the above return was a return with ‘Nil’ tax liability then late fees would be Rs. 60 (20 per day 3 days). The late fee would be Rs.30 under CGST and Rs.30 under SGST.

Can I pay GST without filing return?

Under the GST law, the filing of return without payment of taxes shall not be considered as a valid return. It is only the valid return that would be used for allowing input tax credit (ITC) to the recipient.

Can I cancel GST number without filing returns?

Under GST, a taxpayer and a proper officer can initiate the cancellation of GST registration. A taxpayer other than composition taxpayers fails to file returns for six continuous periods. An assessee has taken voluntary GST registration but has not started a business within six months of registration.

Can I file my GST return myself?

Individual taxpayers will be using 4 forms for filing their GST returns such as the return for supplies, return for purchases, monthly returns, and annual return. Small taxpayers who have opted for a composition scheme will have to file quarterly returns. All filing of returns will be done online.

How do I file a zero GST return?

Procedure for Filing NIL GSTR-3B Return

1. Step 1: Login to GST Portal.
2. Step 2: Select the month of filing.
3. Step 2: Select the month of filing.
4. Step 3: Select prepare GSTR-3B return.
5. Step 4: Ensure that all fields are nil in the return.
6. Step 5: Preview and Submit GSTR3B Return.
7. Step 5: Accept the return summary.

Can I file GST return myself?

How do I activate an inactive GST number?

How To Activate Cancelled GST Registration

1. First of all, you would need your email id, PAN number, and mobile number to fill the GST REG 01 form and submit.
2. Now verify the email id and mobile number.
3. You will receive an application reference number (ARN) in your mobile number once the verification complete.

What happens if I don’t apply for a GST registration?

If you don’t file the nil returns, you will have to file the nil returns, pay the fine and continue to file till the month your registration is actually cancelled. Moral of the story: Don’t apply and obtain a GST registration unless you are confident of using it.

Is GST tax payment and return filing system affected in India?

As you know, GST tax payment and return filing system in India is totally effected electronically. As we know, the number of GST tax filing files will be always more at the ending days of last period of filing which may face delay in electronic data transfer, network failure or other server issues.

Why is the number of GST tax filing files always more?

As we know, the number of GST tax filing files will be always more at the ending days of last period of filing which may face delay in electronic data transfer, network failure or other server issues. Any penal charges against failure in GST tax returns and GST payment in India?

What is a gstr-3a notice in GST?

A taxpayer who has undergone the GST registration procedure is liable to submit GST return files. If unable to do so, GST returns for a month or two will be issued with a GSTR-3A notice. This notice allows a taxpayer a 15-days’ time frame to regularise the return filing by paying up the imposed penalties.