GST Returns require your business details of
The filing of GST Returns has manifold importance,such as
For Return Filer
The basic steps involved in filing of GST returns include:
GST Returns can be filed online using any of the below mentioned methods:
The Return can be filed online either throughGovernment Portal or
The GST Return can also be prepared offline throughUtilities available on Government Portal and
Yes, non filing or delayed filing of GST Returns can attract you
Furnishing of GST return with incomplete or wrong information can attract a penalty upto Rs 25,000. CBIS has issued circular no 89/80/2019-GST dt 18/02/2019 in this regards.
The various GST returns prescribed under the GST include:
|Form||Who is Required to file?||Particulars||Due Date|
|GSTR-1||Registered Person||Monthly statement of Outward Supplies of goods or services or both||11th of the following month of the tax period|
|GSTR-2 (Suspended)||Suspended||Monthly return form used to give the details of inward supply or purchases||15th of next month of the tax period|
|GSTR-3B||Registered Person||Monthly summary return to declare the GST liability for the tax period and to pay off such liability||20th of the following month for which the return is to be submitted|
|GSTR-4||Taxpayer who opted for Composition Scheme||A yearly return is for the taxpayers who opted for paying tax under the composition scheme||30th April of the next financial year|
|GSTR-5||Non Resident Taxable Person (NRTP)||Return for Non- Resident Taxpayer who are not availing Input Tax Credit (ITC) on local purchases||
Registration period < 1 month, the due date is within 7 days of the expiry of registration, or
Registration Period> 1 month, the due date is 20th of the following month and for remaining period is 7 days of the expiry of registration
|GSTR-5A||Taxpayer providing OIDAR services||Monthly return for Online Information and Database Access or Retrieval (OIDAR) services provider, providing services from place outside India to un-registered person or customers in India||20th of the following month|
|GSTR-6||Input Service Distributor (ISD)||Monthly return for the Input Service Distributor for distribution of its credit among the different unit||13th of the following month of the tax period|
|GSTR-7||TDS Deductor||Monthly return for the person who deducts tax at the time of making payment to suppliers (TDS) u/s 51 of CGST Act 2017||10th of the next month|
|GSTR-8||E Commerce Operator||Monthly return containing the details of taxable supplies and the amount collected by the E-Commerce Operator related to the supplies and amount of TCS collected||10th of the following month of the tax period|
|GSTR-9||Registered Taxpayer||Annual return containing information such as purchases, sales, input tax credit or refund claimed, etc. by the regular taxpayer||31st December of the subsequent financial year|
|GSTR-9A||Taxpayer who opted for Composition Scheme||Annual return for taxpayer opted for composition scheme||31st December of next financial year|
|GSTR-9C||Regular Taxpayer||An additional annual return submitted along with GSTR-9 by assessee having turnover more than Rs. 2 crores during the financial year||31st December of the year subsequent|
|GSTR-10||Taxpayer whose registration got canceled or surrendered||The taxpayer whose registration got canceled or surrendered, Final Return||
Date of order of cancellation, or
Within 3 months from the date of cancellation,
Whichever is later.
|GSTR-11||UIN Holder Taxpayer||Return having details of inward supply of goods or services or both, for an assessee who has been assigned with the Unique Identification Number (UIN) and claiming a refund||28th of the following month in which the UIN holders receive the inward supply|
GSTR 1 contains the details of outward supplies made during the period of tax. This form is required to be submitted electronically on GST Portal with the following set of information:
GSTR 1 return is mandatory to be filed even if there is no business activity in the tax period.
GSTR 1 return is required to be furnished by:
GSTR 1 could be filed monthly or quarterly depending upon the taxpayer’s turnover.
|Turnover Limit (in a FY)||GSTR 1 Periodicity|
|Up to Rs. 1.5 crores||Quarterly|
|Exceeding Rs 1.5 crores||Monthly|
Assessee could opt for quarterly filing of this return if the turnover in the preceding financial year were and expect that turnover in the current financial year would also be up to Rs. 1.5 crores.
The due dates for filing GSTR-1 as notified by CBIC for the tax period is 11th of the following month, e.g.
|April 2019||11th May 2019|
|May 2019||11th June 2019|
|June 2019||11th July 2019|
|April – June 2019 (quarterly)||31st July 2019|
GSTR-1A is used to update the details of outward supplies or sale which was files using the GSTR-1 earlier. In this return form, the taxpayer has to accept or reject the information updated by the buyer in GSTR-2 form.This form has been temporarily suspended.
It is an auto populated GSTR and hence no filing can be done.
This return is to be filed, or the changes in GSTR-1A can be accepted or rejected between 15th and 17th of next month.
GSTR-2 is used to make the reconciliation of buyer and seller as what seller has reported in GSTR-1 is supposed to be matched with GSTR-2. But GSTR-2 has been temporarily suspended by the GST Authorities.
It contains details of all purchases made by the registered dealer in the tax period.
GSTR-2 is a mandatory return form used to give the details of inward supply or purchases. But,this GSTR form has been temporarily suspended.
Registered dealer under GST is required to furnish GSTR 2.
Due date of filing GSTR-2 is 15th of next month of the tax period.
It is a read-only auto-generated statement of inward supplies formed using the details of GSTR-1/5, Form GSTR-6 (ISD), Form GSTR-7 (TDS), Form GSTR-8 (TCS).
This return is not required to be filed with CBIC; it is only to enable the recording of invoices received from the different supplier.
GSTR 2A is an auto populated return and no filing is required.
Form GSTR-3B is a monthly summary return to declare the GST liability for the tax period and to pay off such liability. Regular taxpayers need to file these return for every tax period.
GSTR 3B contains the details relating to
Yes, filing of GSTR 3B is mandatory even in case whenever there are no transactions nil return is required to be furnished.
Registered regular taxpayer is required to file GSTR 3B periodically.
Due Date of filing Form GSTR-3B is 20th of the following month for which the return is to be submitted.
It can be filed as nil return even when there is no transactions and tax liability for that particular tax period. GSTR-3B is to be filed electronically using the GST portal.
This return is for those taxpayers who opted for paying tax under the composition scheme.
This form consists of a summary of
Filing of GSTR 4 is mandatory.
Taxable persons who have opted for Composition scheme under GST and are liable to pay taxes are required to furnish GSTR 4 annually.
GSTR-4 is required to be filled every quarter, and the due date for this is 18th of the month succeeding the tax period. This return is to be filed electronically and cannot be revised just like any other return but can be adjusted in the return of the following tax period.
From the year 2019-20 this return will be filed annually and there is a statement named CMP 08, file quarterly in which all the details for composition dealer will be filled
Yes, it is possible to file a valid NIL GSTR 4 return.
It is an auto-generated and read-only form created based on the provided in saved/submitted/filed GSTR-1/5 and filed GSTR-7, where the buyer is the composition dealer.
The details in GSTR 4A are auto generated and nothing is required to be filled in this form . Various sections in Form GSTR-4A include:
Since GSTR 4A is an auto populated form hence the question of mandatory filing does not arise.
GSTR 4A is auto populated after successful submission of the requisite returns.
A registered NRTP is not required to file separately the statement of the outward supplies, statement of inward supplies and return like a normal taxpayer. In place of the same , a simplified monthly tax return GSTR 5 has been prescribed .
The details required to be furnished in GSTR 5 include
Yes, filing of GSTR 5 is mandatory.
GSTR 5 is required to be furnished by every registered non-resident taxable person.
The due date to file GSTR-5 for NR for the period for which they get registration is within 7 days of the expiry of such period. And if the period of registration is more than one month, the monthly return would be filed by the 20th of the following month of the tax period.
In simple words it should be furnished within 20 days after the end of the calendar month or within 7 days after the last day of validity period of the registration, whichever is earlier.
Yes, filing a NIL GSTR 5 is possible.
It is a return required to be furnished by Online Information and Database Access or Retrieval (OIDAR) services provider, for the services provided from a place outside India to unregistered persons in india.
The information like details of taxable outward supplies or sale is made to non-taxable persons or consumers in India, changes in the details furnished in preceding tax period and to provide the details of any other amount to be paid by them, or interest to offset the liabilities, etc. is to be considered as part of taxpayers GSTR-5A.
Filing of this return is mandatory and even if there is no business transaction a nil return is to be filed.
The non-resident service provider of OIDAR needs to file the return.
A monthly return is to be filed by 20th of the following month.
NIL GSTR 5A is required to be furnished in case there are no pertaining transactions.
GSTR 6 form is required to be filed by Input Service Distributors (ISD) for claiming the ITC.
Essentials for the filing of Form GSTR-6 are:
It is a mandatory monthly return which is required to be filed even when there is no transaction.
This return is to be submitted by the Input Service Distributor (ISD) for distribution of its credit among the different units.
The due date to file GSTR-6 is the 13th of the following month of the tax period.
Yes, In case there are no transactions a NIL GSTR 6 needs to be filed by the ISD (Input Service Distributor)
It is an auto-generated form based on the invoices uploaded by the counterparty in their GSTR-1.
It is a statement of inward supplies or purchases for an input tax credit Receiver.GSTR-6A provides details such as:
GSTR 6A is an auto populated form hence no filing is needed.
It is a monthly return required to be filed by the person who deducts tax at the time of making payment to suppliers (TDS) under GST.
Tax deductors are required to:
Yes, GSTR 7 is required to be filed by TDS Deductors as specified under section 51 of the CGST Act.
Person deducting TDS under GST is required to furnish return in form GSTR 7. Following are the deductors liable to deduct TDS as per section 51 of the CGST Act
The due date to file this return is 10th of the next month. And no need to file a return for a period in which no TDS is deducted.
It is a system generated TDS certificate which is generated after furnishing the return in GSTR-7, and the deductee requires to accept the details uploaded by the deductors under GSTR-7.
There are no details required to be furnished in GSTR 7A. It is a TDS certificate which can be downloaded for both deductor and deductee.
It is a statement of Tax Collected at Source (TCS) by E-Commerce Operators. It contains the details of taxable supplies and the amount collected by the operator related to the supplies and amount of TCS collected on such supplies.
Below are some of the following details required to be furnished while filing GSTR 8
Yes, GSTR 8 is mandatory to be filed for the prescribed E Commerce Operators.
GSTR 8 is required to be filed by E Commerce Operators.
The due date of filing Form GSTR-8 is 10th of the following month of the tax period. Currently, there is no late fee for filing return with the delay, but interest is levied on delay in discharging the liability of TCS.
GSTR-9 is the annual return which is required to be filed once in a financial year by the regular taxpayers.
GSTR 9 contains information such as purchases, sales, input tax credit or refund claimed, etc. Details required to be disclosed under the Form GSTR-9 in respective serial number are:
Now GSTR 9 is optional for business turnover upto 2 crores for the financial year 2017-18 and 2018-19
This return is to be filed by a person who is registered as a regular taxpayer and taxpayer who has withdrawn from composition scheme to regular taxpayers. For the assessee having turnover more than Rs. 2 crores during the financial year, they are required to get their accounts audited by CA and CWA. And file return in the form GSTR-9C.
The due date for filing this return is 31st December of the subsequent financial year.
Assessee can file a Nil Return only if the following conditions are satisfied:
It is also an annual return form available to the taxpayer opted for composition scheme.
In this form, the assessee is required to file the information related to
There is no need to file GSTR 9A for the financial year 2017-18 and 2018-19.It is completely waived off by the government due to hardships being faced by composition dealers.
GSTR 9A is required to be filed by all taxpayers who opted for composition scheme, for any period during the financial year, and includes:
Form GSTR-9A is to be filed within the due date as specified as 31st December of next financial year.
Assessee can file a nil return under GSTR-9A if they do not have any business transaction in the previous year.
The taxpayer whose registration got canceled or surrendered has to file a return using GSTR-10. It is also called as a final return.
Form GSTR-10 is to be filed by every taxpayer excluding the following:
The time limit for filing this return is:
This form is required to be filed by UIN holders. The purpose is to refund back any amount of tax collected from the person holding UIN.
This form is for specifying details of inward supply of goods or services or both, required to be filed by an assessee who has been assigned with the Unique Identification Number (UIN).
The person holding UIN is required to file GSTR 11.
GSTR-11 is required to be filed monthly based on the inward supply of UIN holder. And the due date for filing this return is 28th of the month following the month in which the UIN holder make the inward supply. This Return does not have any due date to file. Assessee can file it any time after the end of the relevant quarter.
Since GST is altogether a new taxation regime in India it has witnessed frequent due date extension form the very inception. Hence we compiled a list of all important extended due dates which you should take note of in the near future.
|Return Form||Who needs to file||Due Date|
|GSTR 1 (Monthly)||Registered Taxpayer (aggregate turnover exceeding Rs 1.5 cr)||11.10.2019 (for Sep 2019)|
|GSTR 1 (Quarterly)||Registered Taxpayer (aggregate turnover upto Rs 1.5 cr)||31.10.2019 (for July - Sep 2019)|
|GSTR 3B||Registered Taxpayer||20.10.2019 (for Sep 2019)|
|GSTR 9||Registered Taxpayer||30.11.2019|
|GSTR 9A||Taxpayer who opted for Composition Scheme||30.11.2019|
|GSTR 9C||Regular Taxpayer||30.11.2019|
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