GST filing is necessary because it is a legal requirement under the Goods and Services Tax (GST) Act. If you are a registered GST taxpayer, you are required to file regular GST returns to the tax authorities. Failure to file your GST returns on time or incorrectly can result in penalties and legal consequences.
Additionally, GST filing helps you to maintain accurate financial records, ensure compliance with GST regulations, and claim input tax credits, which can reduce your overall tax liability. Overall, timely and accurate GST filing is important to avoid legal issues and to effectively manage your business finances.