Yes, you can file your GST return by yourself directly through the official government GST portal. The process involves logging in with your GSTIN, navigating to the returns dashboard, entering sales (GSTR-1) and purchase details (GSTR-3B), and submitting via digital signature (DSC) or EVC.
To file your first GST return, log into the GST portal, navigate to the return section, and fill out the required forms such as GSTR-1 and GSTR-3B with accurate details of your transactions. Can I file my GST return myself? Yes, you can file your GST return yourself through the GST portal.
The GST refund will be electronically transferred to the applicant's account via NEFT, RTGS, or ECS. Individuals can submit their refund request for any period (monthly, quarterly, half-yearly or annually). However, if the refund amount is less than INR 1000 then the person will not be eligible for refund.
How to file
On average, CAs may charge anywhere between Rs. 2,000 to Rs. 15,000 per year for filing GST returns.
Login to the GST Portal. Navigate to Services > Returns > New Return (Trial). 2. Select Financial Year, Return Filing Period, Form/Return and Preparation Mode from the drop- down list.
If your GST turnover is below the $75,000 threshold, you may choose to register. But if you do, regardless of your turnover, you must: include GST in the price of most goods and services you sell. claim GST credits for most business purchases you make.
Do you need a Chartered Accountant (CA) for GST filing? No, a Chartered Accountant (CA) is not required to submit a monthly Goods and Services Tax (GST) return in India. The GST return filing procedure is made to be simple to use and enables taxpayers to submit their returns on their own.
Payment amounts are recalculated every July
For example, the information from your 2024 tax return determines the GST/HST credit amount you get for the payment period from July 2025 to June 2026. You could get up to: $533 if you are a single individual. $698 if you are married or have a common-law partner.
You are eligible for the GST/HST credit if you meet all of the following conditions:
The GST laws makes standardised provisions for making a refund claim. Every claim has to be filed online in a standardised form which will be acknowledged (if complete in all aspects) in 14 days. The claim for refund of amount lying in the credit balance of the cash ledger can be made in the monthly returns also.
Filing GST returns is a simple task as taxpayers just need to follow a few steps and furnish relevant details in the prescribed formats.
To get your GST refund, you will need to apply for it through the GST portal by submitting a refund application form. The application will be processed and verified by the GST department, and if approved, the refund amount will be credited to your bank account.
Documents Required for GST Return Filing
When you complete a GST return, you'll need to know:
What is the Minimum Turnover Limit for GST Registration? Businesses are required to register for GST and pay tax on their annual turnover if their annual revenue exceeds Rs. 40 lakhs in the case of goods supplied and Rs. 20 lakhs for the supply of services.
Therefore, upon non –filing of GST returns or missing out the GST due dates, the GST law prescribes a general penalty. The maximum penalty that may be imposed is Rs. 5,000. The taxpayer will be required to pay interest on late payment of GST at a rate of 18% annually in addition to the late payment penalty.
You have to start charging GST/HST on the supply that made you exceed $30,000. You exceed the $30,000 threshold 1 over the previous four (or fewer) consecutive calendar quarters (but not in a single calendar quarter).
Subtracting GST from Price
To calculate how much GST was included in the price, divide the total price by 11 ($1000∕11=$90.91). To calculate the price without GST, divide the price by 1.1 ($1000∕1.1=$909.09).
Preparing Your GST Return
We recommend assembling supporting documents, such as sales invoices and expenses, and records of GST collected and paid. You should also calculate your output taxes and input taxes. Accounting software such as Xero can streamline this process and improve tracking and reporting.
Late submission penalty. A late submission penalty of $200 is imposed immediately when the GST return is not filed by the due date. A further penalty of $200 is imposed for every completed month that the GST F5/F8 return remains outstanding. The maximum penalty amount for each outstanding F5/F8 return is $10,000.
File your GST/HST return
Manual> Filing Nil Form GSTR-1 Online by Normal Taxpayer