GST Nil Return

GST Nil Return

Yes, all taxpayers having GST registration should file GST returns on the 10th, 15th and 20th of each month. Even if there was no business activity or transaction during a month, the taxpayer must still log in to the GST portal and file NIL GST return to avoid penalty.

If NIL return is not filed, a penalty of Rs. 200 per day is applicable until the filing is complete. Hence, all taxpayer having GST registration must submit NIL GST return before the deadline.