GST has been implemented in India from 1st July, 2017. Under the new GST regime, nearly 1 crore businesses in India have obtained GST registration. All entities having GST registration are required to file GST returns, as per the GST return due date schedule mentioned below. GST return filing is mandatory for all entities having GST registration, irrespective of business activity or sales or profitability during the return filing period. Hence, even a dormant business that obtained GST registration must file GST return.
The Government of India has come up with various GST Return forms for taxpayers according to the categories for making an easy transaction. These forms are available on the official website of the Central Board of Direct Taxes (CBDT).
Further Normal Taxable Person can be classified in two categories i.e. Normal Taxable Person having Turnover more than 1.5 Crores and Normal Taxable Person having Turnover less than 1.5 Crores.