GST Return Filing In Manipur
Individuals who have obtained GST registration in Manipur are required to file GSTR 3B every month. The details of the sales and purchases made in the particular month are to be provided to the government. GST return filing in Manipur is due on the 20th of every month.
The taxpayer declares the tax liabilities of the specific tax period in GSTR 3B Form. A normal taxpayer has to file GST returns filing in Manipur through Form GSTR 3B, even in case of no business activity the taxpayer has to file GSTR 3B.
In addition to GSTR, 3B businesses that have GST registration need to file a GSTR 1 return. GSTR 1 must be filed every month by the business that has an annual turnover of Rs.1.5 crore. In case if the business has a yearly revenue of less than Rs.1.5 crore then the GST return filing in Manipur should be done every quarter.
How IndiaFilings help you in GST return filing in Manipur?
IndiaFilings is the leading business service platform that offers end-to-end GST services from registration to GST return filing in Manipur. An expert advisor is allocated who will contact you each month and collect the necessary information.
Further, we prepare the returns and help you in filing the same. It takes about 1-3 days subject to the government portal availability and submission from the client to file GST registration in Manipur.
What is a Composition scheme under GST?
Composition Scheme is introduced for the small taxpayers, it has considerably reduced the tedious GST formalities and the taxpayers can file GST returns in Manipur at a fixed rate of turnover. This scheme can be opted by any taxpayer with a turnover less of less than Rs.1.5 crore.
Taxpayers registered under the Composition scheme are required to file GST returns in Manipur using the CMP 08 quarterly and GSTR4 has to be filed annually. GST return filing in Manipur is due on the 18th of the month succeeding a quarter.
The GST return filing in Manipur by a taxpayer who has opted for a composition scheme has to include the details of:
- Invoice-wise interstate and Intrastate inward supplies that are received from the registered and the unregistered persons.
- Consolidated details of the outward supplies that are made.
GST return filing in Manipur is mandatory for all the entities that have a GST registration, irrespective of the business activity, sales, the profitability during the specified return filing period. Even a dormant business that has a GST registration needs to file the GST returns in Manipur.
Talk to our GST experts at IndiaFilings and file your GST returns today.