GST Nil Return is required when a registered taxpayer has no sales, purchases, or tax liability during a particular tax period. Even if there is no business activity, filing GST returns is mandatory to avoid penalties and late fees.
Filing Nil Returns ensures compliance with GST laws and keeps your GST registration active and penalty-free.
Even with zero transactions, GST returns must be filed to avoid penalties.
Nil return means no tax payment is required for that particular period.
Timely filing prevents late fees of ₹50 per day (₹20 per day for Nil return).