Any business person who has taken the registration, but has not crossed the limit of exemption will have to comply with GST return filing. A taxpayer is liable to declare all transactions related to the revenue of the business on the document – like invoice, sales and purchases. On the basis of this, the amount of tax to be paid is calculated.
It is necessary that returns are filed correctly and error-free to ensure that GST credit can be passed onto the next stage. Also, late filing of GST returns will result in a penalty.
At IDOBIZ, we review the GST filing before submission to eliminate any chances of error. We also maintain the invoice records to help you file the GST returns on time, using our exclusive team of experts.