What is GST Return Filing?
GST Return Filing is the process of submitting details of sales, purchases, and tax payments to the Government of India under the Goods and Services Tax (GST) regime. It ensures that businesses are paying their fair share of tax and also allows them to claim Input Tax Credit.
Why is it Mandatory?
Every registered GST taxpayer—whether a business or professional—is required to file GST returns to stay compliant. Even if there are no sales or purchases in a month, a NIL return must be filed. Think of it like reporting your income to the taxman, whether you earned big or made nothing.
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