What is the meaning of nil return in GST?
The Goods and Services Tax (GST) system in India mandates businesses to file regular GST returns, even if there is no business activity during a particular tax period. A Nil Return in GST refers to a return that is filed when a taxpayer has no sales, purchases, or tax liabilities for a given period. This ensures compliance and avoids penalties for non-filing. For businesses in Tamil Nadu,...
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