Red Professional Gradient Sales Report Sales Presentation (1)

About Us

All registered businesses must file monthly or quarterly, and a yearly GST return based on the kinds of business. All these GSTR filings are filed online on the GST portal. According to the GST regime, any regular business having more than Rs.5 crore as yearly aggregate turnover has to file two monthly returns and one annual return.The number of GSTR filings changes for quarterly GSTR-1 filers under QRMP scheme. The number of GSTR filings online for them is 9 in a year, including the GSTR-3B and annual return.There are separate returns required to be filed by special cases such as composition dealers whose number of GSTR filings is 5 in a year.

Benefits Of GST Return

·         GST eliminates the cascading effect of tax.

·         Higher threshold for registration.

·         Composition scheme for small businesses.

·         Simple and very easy online procedure.

·    The unorganized sector is initiated under GST.

·         The number of compliances is lower.

·         Described treatment for E-commerce operators.

·         Maintain or improved efficiency of logistics.