GST or Goods and Services Tax replaced the numerous different taxes which were levied by Central and State governments on different products or services. GST return is a document that will contain all the details of your sales, purchases, tax collected on sales (output tax), and tax paid on purchases (input tax). Once you file GST returns, you will need to pay the resulting tax liability (money that you owe the government). Every individual who is covered under the GST Act must produce their income to the Tax Department of India. Under this system of taxation, concerned individuals must file their GST return 26 times in a year. While business owners have to go for goods and services tax filing two times every month, they must also file two additional times half-yearly.