GST RETURN FILING

 What is GST Return?

Returns are a set of forms in pre-approved format of reporting. This makes provision of required details easier for the taxpayers for a complete disclosure. Each form has been designed to ensure a complete disclosure of every transaction made between buyers and sellers.

Who has to file GST Returns?

Every taxpayer in the purview of Goods & Service Tax has to file returns as mandated by the Department.

Types of GST Returns:

S.No

Return

Particulars

1.

  GSTR-1

Details of outward supplies of taxable goods or services or both effected

2.

   GSTR-2

Details of inward supplies of taxable goods or services or both claiming input tax credit

3

   GSTR-3

Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of tax

4

GSTR-4

Quarterly Return for compounding taxable persons

5

GSTR-5

Return for Non-Resident foreign taxable persons

6

GSTR-6

Input Service Distributor return

7

GSTR-7

Return for authorities deducting tax at source

8

GSTR-8

Details of supplies effected through e-commerce operator and the amount of tax collected as required under sub-section (52)

9

GSTR-9

Annual Return

10

GSTR-9A

Simplified Annual return by Compounding taxable persons registered under section 10

Latest Update:

23rd GST Council Meet on 10th November 2017

  • GSTR-3B has been extended to March 2018
  • All businesses to file GSTR-3B by 20th of next month till March 2018.
  • All businesses to file GSTR-1 and GSTR-3B till March 2018.
  • GSTR-2 and GSTR-3filing dates for July 2017 to March 2018 will be worked out later by a Committee of Officers
  • Turnover under Rs 1.5 Cr to file quarterly GSTR-1
  • Turnover above Rs 1.5 Cr to file monthly GSTR-1

Due dates for All GST Returns

These returns are as per the GST Act-

Return Form

Particulars

Frequency

Due Date

GSTR-1

Details of outward supplies of taxable goods and/or services effected

Monthly

10th of the next month

GSTR-2

Details of inward supplies of taxable goods and/or services effected claiming input tax credit.

Monthly

15th of the next month

GSTR-3

Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of tax.

Monthly

20th of the next month

GSTR-3B

Simple return for Jul 2017- Mar 2018

Monthly

20th of the next month

GSTR-4

Return for compounding taxable person

Quarterly

18th of the month succeeding quarter

GSTR-5

Return for Non-Resident foreign taxable person

Monthly

20th of the next month

GSTR-6

Return for Input Service Distributor

Monthly

13th of the next month

GSTR-7

Return for authorities deducting tax at source.

Monthly

10th of the next month

GSTR-8

Details of supplies effected through e-commerce operator and the amount of tax collected

Monthly

10th of the next month

GSTR-9

Annual Return

Annually

31st December of next financial year

GSTR-9A

Annual Return

Monthly

31st December of next financial year

GSTR-10

Final Return

Once. When registration is cancelled or surrendered

Within three months of the date of cancellation or date of cancellation order, whichever is later.

GSTR-11

Details of inward supplies to be furnished by a person having UIN and claiming refund

Monthly

28th of the month following the month for which statement is filed

GSTR-1 due dates

For turnover upto Rs 1.5 cr

Period (Quarterly)

Due dates

July- Sept

31st Dec 2017

Oct- Dec

15th Feb 2018

Jan- Mar

30th April 2018


For turnover of more than Rs 1.5 cr

Period

Dates

July to Oct

31st Dec 2017

Nov

10th Jan 2018

Dec

10th Feb 2018

Jan

10th Mar 2018

Feb

10th Apr 2018

March

10th May 2018

Timelines for filing of GSTR-2 and GSTR-3 for July to March 2018 to be worked out by Committee of Officers. However, subsequent month filing of GSTR-1 will not be impacted.

GST RETURN COST

GST RETURN
STARTING 499/-

FILE YOUR GST RETURN NOW!

Fields marked with * are required