A return is a statement of financial activity by a taxable person for a prescribed period. This allows a taxable person to self-assess the tax they owe for that period.
The registered person has to be provide some of the details in GSTR Return during the year like:
– Details of sales, purchases.
– Details of inward/outward services.
– Detail of each invoice issued or received.
– Details of Debit/credit notes etc.