{"product_id":"monthly-gst-filing-by-accountants","title":"Monthly GST Filing by Accountants","description":"\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003eGST Return Filing\u003c\/h2\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eEvery GST-registered business in India must file GST returns – whether monthly, quarterly, or annually – depending on the nature and scale of their operations. Missing deadlines leads to penalties, interest charges, and compliance headaches that can slow your business down.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eBizReady takes the stress out of GST filing.\u003c\/strong\u003e Our dedicated GST advisors handle your returns end-to-end – from collecting invoices to filing on time – so you can focus on running your business. Affordable, transparent, and backed by experienced Chartered Accountants.\u003c\/p\u003e\n\u003chr class=\"border-border-200 border-t-0.5 my-3 mx-1.5\"\u003e\n\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003eWhat is a GST Return?\u003c\/h2\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eA GST Return is a detailed statement of financial transactions that every GSTIN holder must submit to the tax authorities. It captures all the information needed to calculate your net tax liability, including:\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003ePurchases:\u003c\/strong\u003e A detailed record of all purchases made during the period.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eSales:\u003c\/strong\u003e A comprehensive log of all sales activities.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eOutput GST (On Sales):\u003c\/strong\u003e The GST charged on your sales transactions.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eInput Tax Credit (GST Paid on Purchases):\u003c\/strong\u003e The GST paid on purchases, which can be claimed as a credit against your output GST liability.\u003c\/p\u003e\n\u003chr class=\"border-border-200 border-t-0.5 my-3 mx-1.5\"\u003e\n\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003eWho Should File GST Returns?\u003c\/h2\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eGST returns must be filed by any business or individual registered under the GST regime. This includes entities whose annual aggregate turnover exceeds the prescribed threshold, which varies based on taxpayer category (regular taxpayer vs. composition scheme). All applicable entities must file before the due date to avoid late filing penalties and interest.\u003c\/p\u003e\n\u003chr class=\"border-border-200 border-t-0.5 my-3 mx-1.5\"\u003e\n\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003eTypes of GST Returns\u003c\/h2\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eThe GST system has 13 returns catering to different taxpayer categories. Not every taxpayer needs to file all of them – it depends on your registration type and business activities.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-1\u003c\/strong\u003e – Details of outward supplies (sales). Due on the 11th of the following month for turnover above ₹5 crore, or 13th of the month following the quarter under the QRMP scheme.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-3B\u003c\/strong\u003e – Summarised return covering sales, purchases, and tax payments. Due by the 20th of the following month (monthly filers) or 22nd\/24th of the month after the quarter (QRMP scheme).\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-4\u003c\/strong\u003e – Annual return for Composition Scheme taxpayers. Due by April 30th of the following financial year. Quarterly tax payment is made via Form CMP-08 by the 18th after each quarter.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-5\u003c\/strong\u003e – For non-resident foreign taxpayers doing business in India. Due by the 20th of each month.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-5A\u003c\/strong\u003e – Monthly summary for Online Information and Database Access or Retrieval (OIDAR) service providers. Due by the 20th of each month.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-6\u003c\/strong\u003e – For Input Service Distributors reporting ITC received and distributed. Due by the 13th of each month.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-7\u003c\/strong\u003e – TDS return under GST, documenting TDS deducted, due, and paid. Due by the 10th of the following month.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-8\u003c\/strong\u003e – For e-commerce operators reporting supplies and tax collected at source. Due by the 10th of the following month.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-9\u003c\/strong\u003e – Annual return summarising all periodical filings for the financial year. Due by December 31st of the following year.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-10\u003c\/strong\u003e – Final return filed upon cancellation or surrender of GST registration.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-11\u003c\/strong\u003e – For holders of a Unique Identity Number claiming refunds on purchases.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eCMP-08\u003c\/strong\u003e – Quarterly statement for Composition Scheme taxpayers declaring self-assessed tax liability.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eITC-04\u003c\/strong\u003e – For manufacturers declaring goods dispatched to and received from job workers.\u003c\/p\u003e\n\u003chr class=\"border-border-200 border-t-0.5 my-3 mx-1.5\"\u003e\n\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003eKey Return-Related Statements\u003c\/h2\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-2A (Dynamic):\u003c\/strong\u003e A real-time, read-only view of your inward supplies as reported by your suppliers.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eGSTR-2B (Static):\u003c\/strong\u003e A fixed monthly snapshot of inward supplies based on suppliers' GSTR-1 filings. Helps in matching and reconciling ITC claims.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eNote:\u003c\/strong\u003e GSTR-2 and GSTR-3 have been deferred since September 2017 and are not currently required.\u003c\/p\u003e\n\u003chr class=\"border-border-200 border-t-0.5 my-3 mx-1.5\"\u003e\n\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003eQRMP Scheme\u003c\/h2\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eThe Quarterly Return Monthly Payment (QRMP) scheme is available to eligible taxpayers with aggregate turnover up to ₹5 crore. Under this scheme, returns are filed quarterly while tax is paid monthly using Form PMT-06. The Invoice Furnishing Facility (IFF) allows declaration of B2B sales during the first two months of each quarter.\u003c\/p\u003e\n\u003chr class=\"border-border-200 border-t-0.5 my-3 mx-1.5\"\u003e\n\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003eComposition Scheme\u003c\/h2\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eEligible traders and manufacturers with aggregate turnover up to \u003cstrong\u003e₹1.5 crore\u003c\/strong\u003e can opt for the Composition Scheme and pay GST at a fixed rate on turnover. Service providers with turnover up to \u003cstrong\u003e₹50 lakh\u003c\/strong\u003e are also eligible, subject to prescribed conditions. Composition taxpayers file annually via GSTR-4 and make quarterly tax payments through CMP-08.\u003c\/p\u003e\n\u003chr class=\"border-border-200 border-t-0.5 my-3 mx-1.5\"\u003e\n\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003ePenalty for Late Filing of GST Returns\u003c\/h2\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eFiling is mandatory\u003c\/strong\u003e – Every registered taxpayer must file GST returns regularly, even if there is no business activity during the period.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eCascading delays\u003c\/strong\u003e – Missing one deadline blocks you from filing the next period's return, leading to a pile-up of pending returns.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eLate filing penalty\u003c\/strong\u003e – Late filing of GSTR-1 results in a penalty that reflects in your GSTR-3B. The statutory late fee is \u003cstrong\u003e₹100 per day each for CGST and SGST\u003c\/strong\u003e, capped at a maximum of \u003cstrong\u003e₹5,000\u003c\/strong\u003e.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eInterest on late tax payment\u003c\/strong\u003e – If you owe taxes and pay late, interest is charged at \u003cstrong\u003e18% per annum\u003c\/strong\u003e on the outstanding amount, calculated from the day after the due date until the date of payment.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eAnnual return late fees\u003c\/strong\u003e – For GSTR-9 and GSTR-9C, the late fee is capped at \u003cstrong\u003e0.25% of your turnover\u003c\/strong\u003e in the relevant state or UT, unless the government provides specific relief.\u003c\/p\u003e\n\u003chr class=\"border-border-200 border-t-0.5 my-3 mx-1.5\"\u003e\n\u003ch2 class=\"text-text-100 mt-3 -mb-1 text-[1.125rem] font-bold\"\u003eHow BizReady Handles Your GST Filing\u003c\/h2\u003e\n\u003ch3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"\u003eDedicated GST Advisor\u003c\/h3\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eWhen you outsource your GST compliance to BizReady, a dedicated GST advisor is assigned to your business. This advisor understands your industry, reaches out to you every month, collects the necessary information, prepares your returns, and ensures timely filing.\u003c\/p\u003e\n\u003ch3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"\u003eTimely Reminders\u003c\/h3\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eOur platform sends you reminders well before filing deadlines, and your dedicated advisor follows up periodically to make sure no deadlines are missed and no penalties are incurred.\u003c\/p\u003e\n\u003ch3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"\u003eMonthly GST Status Reports\u003c\/h3\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eYour GST advisor shares monthly reports detailing the status of your return filings – including GSTR-1, GSTR-3B, ITC reconciliation, and actionable next steps.\u003c\/p\u003e\n\u003ch3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"\u003eEnd-to-End Support\u003c\/h3\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eFrom GST registration to monthly\/quarterly return filing, annual returns, ITC reconciliation, and handling notices – BizReady manages the complete GST compliance lifecycle for your business.\u003c\/p\u003e\n\u003ch3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"\u003eTransparent Pricing\u003c\/h3\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eNo hidden charges. You know exactly what your GST filing will cost before we begin.\u003c\/p\u003e\n\u003ch3 class=\"text-text-100 mt-2 -mb-1 text-base font-bold\"\u003eBacked by Experts\u003c\/h3\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003eBizReady's GST services are powered by experienced Chartered Accountants and tax professionals from LexVerge LLP, bringing big-firm expertise at SME-friendly prices.\u003c\/p\u003e\n\u003cp class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\"\u003e\u003cstrong\u003eDue dates for various types of GST returns\u003c\/strong\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ctable width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003cth style=\"width: 20.2166%;\"\u003e\u003cstrong\u003eGST Return\u003c\/strong\u003e\u003c\/th\u003e\n\u003cth style=\"width: 28.8809%;\"\u003e\u003cstrong\u003eType of Taxpayer\u003c\/strong\u003e\u003c\/th\u003e\n\u003cth style=\"width: 50.1805%;\"\u003e\u003cstrong\u003eDue Date\u003c\/strong\u003e\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-1\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eRegular Taxpayer\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003eMonthly: 11th of the following month Quarterly: 13th of the month following the quarter\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-2A (Auto-generated)\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eAll Taxpayers\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003eAuto-generated, utilized for reconciliation purposes\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-3B\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eRegular Taxpayer\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003eMonthly: 20th of the following month\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-4\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eComposition Scheme Dealer\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003eAnnually: 30th of April following the end of the financial year\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-5\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eNon-Resident Foreign Taxpayer\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003e20th of the following month\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-6\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eInput Service Distributor\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003e13th of the following month\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-7\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eTax Deducted at Source (TDS)\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003e10th of the following month\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-8\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eE-commerce Operator\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003e10th of the following month\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-9\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eRegular Taxpayer (Annual)\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003e31st December of the following financial year\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 20.2166%;\"\u003eGSTR-9C\u003c\/td\u003e\n\u003ctd style=\"width: 28.8809%;\"\u003eTaxpayers with turnover exceeding ₹5 crore\u003c\/td\u003e\n\u003ctd style=\"width: 50.1805%;\"\u003eFiled along with GSTR-9, by 31st December of the following financial year\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"BizReady","offers":[{"title":"Monthly","offer_id":48288243089635,"sku":null,"price":700.0,"currency_code":"INR","in_stock":true},{"title":"Yearly","offer_id":48288243122403,"sku":null,"price":6999.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/2237\/6675\/files\/GSTFilingbyAccountant.png?v=1771496211","url":"https:\/\/www.bizready.in\/products\/monthly-gst-filing-by-accountants","provider":"BizReady","version":"1.0","type":"link"}