GST NIL Return Filing Service

A GST NIL return is a mandatory filing when your business has zero transactions (no sales, purchases, or tax liability) during a tax period. It's your declaration to the government that while you had no business activity, you're maintaining compliance as required under Section 39 of the CGST Act, 2017.

Absolutely yes. The GST law doesn't differentiate between active and inactive periods. Section 39 of the CGST Act makes it mandatory for every registered person to file returns, regardless of business activity. Non-compliance attracts penalties and can lead to GSTIN cancellation.

NIL Return: No business transactions at all. Zero-rated supplies: Actual supplies made but at a 0% tax rate (like exports). For zero-rated supplies, you file regular returns showing transaction details. NIL returns have no transaction details.

You can file delayed NIL returns, but you'll have to pay late fees. The system automatically calculates late payments from the due date until the filing date. It's better to file late than never, as continued non-filing leads to GSTIN suspension.

If you had no transactions, both returns must be filed as NIL. GSTR-1 (sales) and GSTR-3B (summary) are separate compliance requirements. Missing either attracts separate penalties.

No, GST returns cannot be revised once they are filed. If you find transactions after filing the NIL return, you must report them in the next period's return and pay applicable interest on delayed tax payments.

For NIL returns, you don't need transaction documents. You only need GST portal login credentials, a Digital Signature Certificate (DSC) or Aadhaar for EVC and a Registered mobile number (for OTP)

This usually happens due to the adjustments made during the previous period, the reversal of ITC from prior periods, and system-generated interest/late fees. Review previous returns and ledgers before filing.

Yes, having inventory doesn't prevent NIL return filing. NIL return only means no sales/purchases/tax transactions during the period. Stock positions aren't reported in monthly returns.

Your GSTIN faces suspension risk. Immediately calculate the total late fees payable and file all pending returns with late payments to ensure future compliance. Consider professional help to expedite the process.

Yes, if your GSTIN is suspended or cancelled due to non-filing, your vendors may face ITC reversal for supplies made to you. This can damage business relationships.

The government occasionally announces late fee waivers through notifications. However, don't wait for amnesty schemes. Regular compliance is always cheaper than penalties.

You can authorise us as your GST Practitioner through the GST portal or share your credentials securely. We file returns and share acknowledgements immediately, and your credentials remain confidential and secure.

Yes, we specialise in bulk filing for businesses with multiple registrations. We offer special packages and dedicated account managers for multi-GSTIN clients.

We offer a seamless transition from NIL to regular return filing. Our team can handle all your GST compliance needs, from simple NIL returns to complex regular filings. You can avail yourself of our managed accounting, GST, and TDS compliance services. Read more a https://www.setindiabiz.com/virtual-cfo

Unless you've surrendered your GSTIN, you must continue filing NIL returns even during business suspension, renovation, or temporary closure.

Composition dealers file quarterly GSTR-4. If you have no transactions for the entire quarter, file one NIL return for the quarter, not monthly NIL returns.

If you obtained GST registration mid-month and had no transactions from the registration date to month-end, yes, file the NIL return for that period.