Everyone with a GST Registration must file GST Return, whether there has been any turnover or not, during the month. In short, no Sale or Purchase has occurred, in a month, you, still, need to login to Government GST Portal and submit a NIL Return. So if you are thinking of why or how to file Nil GST Return Format, read on.
Hence, even if there were no invoices issued during a month, the taxable person must submit a NIL GST Return before the deadline. In case a NIL Return is not filed on time, a penalty of Rs.100 per day is applicable, of late filing.
In short, as a taxpayer, you need to file a NIL return. Put Zero Values in all the relevant fields of GST Return form available online, when you have not had a transaction.
Important: It is mandatory that you file GST returns on the 10th, 15th and 20th of each month. Despite having no business activity or transaction during the month, you must still log in to the GST portal and file NIL GST return to avoid penalty.
Upcoming Dates for GST Returns filing
|GST Returns||Who is Required to file||Due Date of Filing|
|GSTR – 1||All GST Registered Persons||Every Month by 10th|
|GSTR – 2||All GST Registered Persons||Every Month by 15th|
|GSTR – 3||All GST Registered Persons||Every Month by 20th|
|GSTR – 4||Persons Registered with Composition Scheme under GST||July – 18th, October – 18th and January – 18th|
|GSTR – 5||Non-Resident taxpayer||Every Month by 20th and Within 7 days after expiry of GST Registration|
|GSTR – 6||Input service distributor||Every Month by 13th|
|GSTR – 7||TDS Deductor||Every Month by 10th|
|GSTR – 8||E-commerce operator||Every Month by 10th|
|GSTR – 9||Registered Persons (9 for Normal person, 9A for Composition, 9B for E-Commerce Operators and 9C for Persons with Annual Turnover over Rs. 2 crore)||31st December of Next Financial Year|
|GSTR – 10||Registered Persons who have Surrendered GST or GST Registration is canceled||Within 3 Months of the Cancellation or Surrender|
How to file Nil GST Return Format-1?
A Nil GSTR-1 return has to be filed if you have a regular GST registration. Even if you have had NO sales transaction in the month. Otherwise, a per day penalty of Rs.100 will be applicable.
In this Return, you need to provide information about all sales transactions of the previous month and upload invoices issued to the GST portal. When you have not had any sales, then you must log in to the GST Portal, submit that no transactions were done, provide your Digital Signature and file the GSTR-1 return.
Do I have to file a nil GST Return – 2 Format?
Yes, a Nil GSTR-2 Return has to be filed by a taxpayer even if there have been no purchase transactions in a month. If it is not filed, a penalty of Rs.100, per day, will be applicable.
At the time of filing GSRT-2 Return, most of the information is automatically uploaded based on the GSTR-1 filing by your associated taxpayers. Therefore, if there have been no purchases, the Format of GSTR-2, that is auto-uploaded, would show no transaction. You just need to verify your GSTR-2, sign digitally and submit your Nil GSTR-2 easily.
Do I have to file a Nil GSTR-3?
Yes, a Nil GSTR-3 must be filed, even if there has been no business activity in a month. If you don’t file GSTR-3 on time, a per day penalty of Rs.100 will be applicable. Since most of the information in GSTR-3 is automatically uploaded, filing of a Nil GSTR-3 becomes easy. You would just have to log in to the GST Portal, verify the amount of tax payable, if any, sign digitally and submit your GSTR-3.
Do I have to file a Nil GSTR-3B?
GSTR-3B is to be filed for the months of July and August, by all taxpayers with GST Registration. Those entities that have had no business transaction during the month of July and August need to file a Nil GSTR-3B.
How to File NIL GST Return-3B?
A Nil GSTR-3B can be filed quickly, through the GST portal directly. Hence, any person having GST registration should file nil return before the due date without fail to avoid the penalty.
Login to GST Portal: Login to your GST Dashboard on the Government GST Portal. Click on Return.
Select the month: GSTR-3B has to be filed only for the months of July and August. Therefore, select July or August from the drop-down list and click on Continue.
Select “Prepare GSTR-3B”: Click on Prepare Online under the section titled “Monthly Return – GSTR3B”
Verify that all fields are Nil in the Return: If all fields are Nil in the GSTR3B summary, click on Save. You can save your GSTR3B Format, as many times as you want, in order to save your progress.
Check the Preview and Submit your GSTR3B: Once the Return has been prepared and saved, click on Preview and Submit your GSTR3B, if ok.
Accept the return summary: Once your GSTR3B has been submitted, a window will ask for “Final Confirmation”. Click on Confirm and Submit to file the GSTR3B. Now, you will not be able to change any of the information submitted.
Digitally sign the GSTR3B return: Once the GSTR3B has been submitted, click on the Agree checkbox and digitally sign your GSTR3B return to complete the Nil GST Return filing.
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