The full form of the GST is Goods and Service Tax. GST is filed online by using the software, provided by the Goods and Service Tax Network site.
GST, or Goods and Service Tax, is an indirect tax that is imposed on the supply and sold domestically for consumption of goods and services. It is a tax that has replaced multiple indirect taxes like VAT, Service Taxes, Excise, etc. in India.
What is GST Filling?
GST Filling- The full form of the GST is Goods and Service Tax. GST is filed online by using the software, provided by the Goods and Service Tax Network site. First, navigate the GST online filling process/steps to the official GST portal. Then log in by using the state code and PAN (Permanent Account Number). After 15-digit GST verification all the data identification numbers will be issued as an OTP to the registered mobile number given. After OTP is received all the GST Filling processes will be completed. Then the GST is registered.
How to Fill GST Return?
GST Return Filling- A GST return, filed by Filling in all the required things, is a documentary process and it is a must and has to be filed regularly (it may be quarterly, half-yearly, or yearly) to all the registered taxpayers by filling all details for Supplies done, Purchases done, taxes collected from sales that is output tax and taxes paid on purchases that is input tax. We all fill GST returns for the resulting tax to be paid and it is a liability of all to pay. In other words, we say that this is the money that we all owe to the Government. It is filed by filling online using software provided by the GST (Good and Service Tax Network).