GST Return Filing

for Self-Employed Individuals

GST compliance is a mandatory requirement for self-employed professionals, freelancers, and small business owners. Filing GSTR-1 and GSTR-3B on time ensures smooth business operations, claim of input tax credit (ITC), and avoidance of penalties.

At Tax360, we simplify GST return filing, ensuring accuracy, compliance, and tax-saving opportunities for self-employed individuals.

What Expenses Can Self-Employed Individuals Claim for ITC?

Return Type	Who Should File?	Filing Frequency	Latest Budget 2025-26 Updates
GSTR-1	Self-employed individuals with GST registration	Monthly (if turnover > ₹5 Cr) / Quarterly (if turnover < ₹5 Cr)	No major changes in filing frequency
GSTR-3B	All GST-registered individuals	Monthly / Quarterly (QRMP scheme)	Late fee relaxation for small taxpayers
CMP-08	Individuals under Composition Scheme	Quarterly	Increased turnover limit for Composition Scheme to ₹1.75 Cr

Key Takeaway

Freelancers, consultants, and small business owners must file GSTR-1 & GSTR-3B.
Quarterly filing available for those with turnover up to ₹5 Cr under QRMP.
Composition scheme turnover limit increased to ₹1.75 Cr for small taxpayers.

How GST Affects Self-Employed Individuals?

Aspect	Impact on Self-Employed Professionals	Conditions for Claiming ITC
Tax Liability	Must pay GST on services if turnover exceeds ₹20 lakh (₹10 lakh for special category states)	GST Act, Section 22
Input Tax Credit (ITC)	Claim GST paid on business expenses like software, rent, and equipment	GST Act, Section 16
Interstate Services	GST is applicable if services are provided to clients outside your state	GST Act, Section 24
Export of Services	Zero-rated under GST but requires LUT filing	GST Act, Section 13(6)

What This Means for You:

Freelancers and consultants earning above ₹20 lakh must register for GST.
Claim ITC on business-related expenses to reduce tax liability.
Interstate service providers & exporters must comply with specific GST rules.

GST & Income Tax – Key Compliance Points

Tax Type	Relevant Sections	Impact on Self-Employed Individuals
GST on Freelance Income	GST Act, Section 9	GST @ 18% applies if turnover exceeds ₹20 lakh
Income Tax (Presumptive Taxation)	Section 44ADA	Self-employed individuals can pay tax on 50% of their income without maintaining detailed books
TDS Deduction on Professional Fees	Section 194J	Clients deduct 10% TDS on payments exceeding ₹30,000 per annum
GST on Foreign Payments	Section 13(8) of IGST Act	Exports are zero-rated, but require proper documentation

How This Helps You:

Reduce tax burden by opting for presumptive taxation under Section 44ADA.
Ensure compliance with GST & TDS regulations to avoid penalties.
Optimize tax planning by claiming ITC on business expenses.

Timely & Hassle-Free Filing – Ensure error-free GST returns every month/quarter.
Expert Advisory – Get personalized tax-saving strategies tailored for self-employed individuals.
Maximize ITC Benefits – Reduce tax liability by claiming eligible Input Tax Credits.
Stay Updated on Tax Laws – Get insights on Union Budget 2025-26 changes & compliance updates.

Self-Employed? Filing GST Returns Has Never Been Easier!

Accurate Filing | ITC Optimization | Timely Compliance

File Now