What is GST Return? - ProProfs Discuss
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What is GST Return?

what is GST Return?

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Asked by Sitapatil, Last updated: Nov 09, 2024

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anjallishah949

anjallishah

anjallishah949
Anjallishah

Answered Aug 17, 2020

A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability.

UnderGST, aregistered dealerhas to file GST returnsthat include:

  • Purchases
  • Sales
  • Output GST (On sales)
  • Input tax credit (GST paid on purchases)

To file GST returns, GST compliant sales and purchase invoices are required. You can generateGST compliant invoices.

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