Everything You Need to Know About GST Annual Return Filing
In India’s evolving tax landscape, one key compliance requirement for businesses under the Goods and Services Tax (GST) regime is filing the GST annual return. Introduced to bring greater transparency and accountability, this process involves submitting a summary of all monthly or quarterly GST returns filed during a financial year. It applies to most taxpayers registered under GST and plays a crucial role in ensuring that a business’s tax records are complete, accurate, and in agreement with its financial accounts.