GST Compliance Management

GST Monthly Filing: Claim Every Rupee

Getting a GSTIN is only the first step. The real challenge is the relentless cycle of monthly compliance. Missing a deadline doesn't just attract late fees; misreporting your sales or failing to reconcile your purchases can cost you thousands of rupees in lost Input Tax Credit (ITC) and trigger automated departmental notices.

At The Online Tax, we turn monthly GST filing into a seamless, invisible process. Our Chartered Accountants meticulously reconcile your sales invoices for GSTR-1 and cross-verify your vendor purchases against GSTR-2B to maximize your ITC before filing GSTR-3B. You run your business, and we'll ensure your taxes are perfectly aligned, every single month.

Outsource Your GST Returns

Monthly GST Return Filing GSTR-1 and GSTR-3B

THE FILING LIFECYCLE

Understanding Your Core Returns

For a regular taxpayer, GST compliance is a multi-step verification process designed to track the flow of goods and services. Here are the primary returns we handle for you.

GSTR-1: Outward Supplies (Sales)

This return details everything you have sold or supplied during the tax period.

What it is: A line-by-line declaration of your B2B invoices, B2C sales summaries, and export data.
Why it matters: Filing this accurately ensures your B2B buyers can claim their Input Tax Credit. If you delay, your buyers will penalize you.
Due Date: 11th of the subsequent month (or 13th for quarterly QRMP filers).

GSTR-3B: Summary & Tax Payment

This is the final settlement return where you calculate and pay your actual tax liability.

What it is: A consolidated summary of your sales (from GSTR-1) and your eligible purchases (Input Tax Credit).
Why it matters: This is where you set off the tax you collected against the tax you paid on purchases, and pay the balance to the government.
Due Date: 20th of the subsequent month (for monthly filers).

GST Invoices and Reconciliation Documents

DOCUMENTATION

What We Need Every Month

To protect you from penalties and maximize your ITC, we require your trading data shortly after the month ends. You can share these via our secure portal, email, or WhatsApp.

Sales Register / Invoices

A summary or copies of all B2B and B2C sales invoices issued during the month, including HSN codes and tax rates.

Purchase Invoices

Bills for goods, raw materials, or services purchased for your business, essential for claiming Input Tax Credit (ITC).

Debit & Credit Notes

Details of any sales returns, purchase returns, or discount adjustments made during the tax period.

E-Way Bill Data (If Applicable)

Records of E-Way bills generated for the movement of goods exceeding ₹50,000 to cross-verify with GSTR-1.

CLARIFICATIONS

Frequently Asked Questions

Expert answers to common queries regarding monthly GST compliance and ITC.

The QRMP (Quarterly Return Filing and Monthly Payment of Taxes) scheme allows small taxpayers with an annual aggregate turnover of up to ₹5 Crores to file their GSTR-1 and GSTR-3B once every quarter instead of every month. However, you must still pay your estimated tax liability monthly using a simple challan (PMT-06). Our experts will evaluate if this scheme saves you time and advise you accordingly.

No, you have not lost it! You can claim missed ITC in subsequent months' GSTR-3B filings. However, the strict deadline to claim any missed ITC for a particular financial year is the 30th of November of the following financial year, or the date of filing the Annual Return (GSTR-9), whichever is earlier.

GSTR-2B is an auto-generated statement showing the ITC available to you based on what your suppliers have uploaded in their GSTR-1. Under strict new GST laws, you cannot claim ITC unless the invoice appears in your GSTR-2B. Reconciling your purchase register against GSTR-2B helps us identify which vendors haven't filed their returns so you can follow up and protect your money.

For regular returns, the late fee is ₹50 per day of delay (₹25 CGST + ₹25 SGST). If it is a "Nil Return" (zero sales and purchases), the late fee is reduced to ₹20 per day. Additionally, if you delay the payment of your tax liability, you will be charged interest at the rate of 18% per annum on the outstanding tax amount.

Yes. If you fail to file returns for 6 consecutive months (or 2 quarters for QRMP), the department will suspend your GSTIN. We can help you file all the pending returns, calculate the late fees, and submit an application for the revocation of cancellation to reactivate your GST number.