GST Returns

SHARE

Pramit Pratim Ghosh, Nov-21-2019

Introduction

One of the key aspects of the GST era is that most of the indirect taxes - for which returns had to be filed separately for various businesses - have been subsumed. Today, irrespective of whether one is a trader, manufacturer, reseller or service provider, one needs to file GST returns online, in the prescribed formats.

Under GST, there are 19 GST return forms, which tax payers can use to file GST returns online. All these forms are required to be e-filed as per the GST return filing process laid down in the GST return rules section of the GST Act. The details of each of these GST return formats, along with details of applicability and periodicity, are as follows -

GST Returns Forms - At a Glance

Category

GST Return Types

Frequency

Due Date

Details to be Furnished

         

Regular Dealer

Form GSTR-1

Monthly

10th of succeeding month

Furnish details of outward supplies of taxable goods and/or services affected

Form GSTR-2A

Monthly

On 11th of succeeding Month

Auto-populated details of inward supplies made available to the recipient on the basis of Form GSTR-1 furnished by the supplier

Form GSTR-2

Monthly

15th of succeeding month

Details of inward supplies of taxable goods and/or services for claiming input tax credit. Addition (Claims) or modification in Form GSTR-2A should be submitted in Form GSTR-2.

Form GSTR-1A

Monthly

17th of succeeding month

Details of outward supplies as added, corrected or deleted by the recipient in Form GSTR-2 will be made available to supplier

Form GSTR-3

Monthly

20th of succeeding month

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

Form GST MIS-1

Monthly

Communication of acceptance, discrepancy or duplication of input tax credit claim

Form GSTR-3A

15 Days from Default

Notice to a registered taxable person who fails to furnish returns

Form GSTR-9

Annually

31st Dec of next fiscal

Annual Return – furnish the details of ITC availed and GST paid which includes local, interstate and import/exports

     

 

Composite Tax Payer

Form GSTR-4A

Quarterly

Details of inward supplies made available to the recipient registered under composition scheme on the basis of Form GSTR-1 furnished by the supplier

Form GSTR-4

Quarterly

18th of succeeding month

Furnish all outward supply of goods and services. This includes auto-populated details from Form GSTR-4A, tax payable and payment of tax.

Form GSTR-9A

Annual

31st Dec of next fiscal

Furnish the consolidated details of quarterly returns filed along with tax payment details.

         

Foreign Non-Resident Taxpayer

Form GSTR-5

Monthly

20th of succeeding month or within 7 days after the expiry of registration

Furnish details of imports, outward supplies, ITC availed, tax paid, and closing stock

         

Persons providing online information and database access or retrieval services

Form GSTR-5

Monthly

20th of succeeding month

Details of outward supplies of online information and database access or retrieval services by a person located outside India made to non-taxable persons in India

         

Input Service Distributor

Form GSTR-6A

Monthly

0n 11th of succeeding month

Details of inward supplies made available to the ISD recipient on the basis of Form GSTR-1 furnished by the supplier

Form GSTR-6

Monthly

13th of succeeding month

Furnish the details of input credit distributed

         

Tax Deductor

Form GSTR-7

Monthly

10th of succeeding month

Furnish the details of TDS deducted

Form GSTR-7A

Monthly

TDS certificate to be made available for download

TDS Certificate – capture details of value on which TDS is deducted and deposit on TDS deducted into appropriate Govt.

         

E-commerce

Form GSTR-8

Monthly

10th of succeeding month

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

Form GSTR-9B

Annually

31th Dec of next fiscal

Annual statemen containing the details of outward supplies of goods or services or both effected through an e-commerce operator, including the supplies of goods or services or both returned and the amount collected under

         

Aggregate Turnover Exceeds INR 2 Crores

Form GSTR-9C

Annually

Annual, 31st Dec of next fiscal

Reconciliation Statement – audited annual accounts and a reconciliation statement, duly certified.

         

Final Return
(for taxable persons whose registration has been surrendered or cancelled)

Form GSTR-10

Monthly

Within 3 months from the date of cancellation of registration or date of cancellation Order, whichever is later

Furnish details of inputs and capital goods held, tax paid and payable.

         

Specialised agency of the United Nations Organisation or any multilateral Financial Institution and notified United Nations Bodies, Consulate or Embassy of foreign countries

Form GSTR-11

Monthly

28th of succeeding month

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

Inspired by the way you work, Tally is designed to delight you. Try out the all new
Tally.ERP 9 Release 6.6