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GST Return

Filing GST return under the GST regime is crucial as non-compliance and delay will result in
penalties and affect your compliance rating and timely refunds.

What is GST Return?


A return is a document containing details of income which a taxpayer is required to file
with the tax administrative authorities. This is used by tax authorities to calculate tax
liability.
Under GST, a registered dealer has to file GST returns that include:

Purchases
Sales
Output GST (On sales)
Input tax credit (GST paid on purchases)

To file GST returns, GST compliant sales and purchase invoices are required.

Who has to file GST Returns?


In the GST regime, any regular business has to file three monthly returns and one annual
return. This amounts to 37 returns in a year.
The beauty of the system is that one has to manually enter details of one monthly return
GSTR-1. The other two returns GSTR 2 & 3 will get auto-populated by deriving information
from GSTR-1 filed by you and your vendors.
There are separate returns required to be filed by special cases such as composition
dealers .
GST Return
What are the types of GST Returns?
Here is a list of all the returns to be filed under the GST Law.

Return Particulars Interval Due Date


Form

GSTR-1 Details of outward supplies of Monthly 10th of the next


taxable goods and/or services month
effected

GSTR-2 Details of inward supplies of Monthly 15th of the next


taxable goods and/or services month
effected claiming input tax
credit.

GSTR-3 Monthly return on the basis of Monthly 20th of the next


finalization of details of month
outward supplies and inward
supplies along with the
payment of amount of tax.

GSTR-9 Annual Return Annually 31st December of


next financial
year

GSTR-3B Provisional return for the Monthly 20th of the next


months of July and August month

GSTR 3B is a simple return that businesses need to file in the first two months of GST
(July and August, 2017). The government has postponed the filing of GSTR 1, 2 & 3 for
July and August, 2017 in order to give businesses some time to adjust to GST.
GST Return

Forms For July 2017 For August 2017

GSTR-3B 20th August 20th September

GSTR-1 1 -5th September


st
16 -20th September
th

GSTR-2 6 -10th September


th
21 25th September
st

GSTR-3 11 15 September
th th
26 30 September
th th

There is no buyer-seller reconciliation for July & August. There is no late fee or penalty
levied for the months of July and August in the case of delayed return filing.

A dealer opting for composition scheme:


A composition dealer will enjoy the benefits of lesser returns & compliance along with
payment of taxes at nominal rates. A composition dealer will file only 2 returns:

Return Particulars Interval Due Date


Form

GSTR-4 Return for compounding Quarterly 18th of the month


taxable person
succeeding quarter

GSTR- Annual Return Monthly 31st December of


9A
next financial year
GST Return
Returns to be filed by specific registered dealers:

Return Particulars Interval Due Date


Form

GSTR-5 Return for Non-Resident foreign Monthly 20th of the next month
taxable person

GSTR-6 Return for Input Service Monthly 13th of the next month
Distributor

GSTR-7 Return for authorities deducting Monthly 10th of the next month
tax at source.

GSTR-8 Details of supplies effected Monthly 10th of the next month


through e-commerce operator and
the amount of tax collected

GSTR-10 Final Return Once. When Within three monthsof the


registration cancellation or date of can
is cancelled order, whichever is later.
or
surrendered

GSTR-11 Details of inward supplies to be Monthly 28th of the month followin


furnished by a person having UIN month for which statement
and claiming refund

There are prescribed formats for each of the above of the returns. The forms may seem
complex and difficult to understand.
Do not worry, you can file your returns very easily using GSTBlue GST Software.
Sign-up now and try it yourself.

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