GST Returns : Types, Due Date, Forms and Salient Features [With Infographics]

GST Returns Filing Requirements For Regular Taxpayers [Infographics]

Info graphics showing GST Return Filing Requirements

 

GST Return: Type of Return, Due Date, and Forms

ReturnDue DateForm
Outward Supplies

 

10th of next month

 

GSTR -1

 

Inward Supplies

 

15th of next month

 

GSTR-2

 

Summary return for all taxable persons except specified herein under

 

20th of next month

 

GSTR-3

 

Composition Person18th of next month following end of quarter

 

GSTR-4
Periodic return by non-resident foreign taxpayerLast day of registrationGSTR-5
Input Service Distributor13th of next monthGSTR-6
Tax Deductor10th of next monthGSTR-7
Annual Return31st December following F.Y.GSTR-8
Final return3 months from date of cancellation or order of cancellation whichever is later (to include all transactions from last return to date of  cancellation)

Salient features related to returns

1) Compulsory electronic filing of returns.

2) The Board/Commissioner may, for valid and sufficient reasons, by notification, extend the time limit for furnishing such details.

3) Rectification of error/omission in respect of returns filed can be done before filing of return for the month of September following the year of which the details pertain or before furnishing of Annual return, whichever is earlier. Hence the existing time limit of revision of 30 days from the date of filing original return is extended to such extended period.

4) There will be separate tables for submitting details relating to import of Goods/Capital Goods from outside India and for the services received from outside India unlike the current system where only the value of imports are provided.

5) Upon preparation of GSTR-2, details of supplies shown by the relevant suppliers will be auto populated in assessee’s return. The assessee is required to verify, validate, modify or even delete – the details furnished by the suppliers.

6) Separate field to capture ITC on Capital goods to be availed on installment basis.

7) Auto-Population in this return from GSTR-1 will be done on or after 11th of the succeeding month. Addition or Deletion of the invoice by the taxpayer will be permitted between 12th and 15th of the succeeding month. Adjustments would be permitted on 16th and 17th of the succeeding month.

8) Late filing would be permitted on payment of late fees only. Hence late filing of return will not be possible without payment of fees.

9) A return furnished without payment of full tax due as per such return shall not be treated as a valid return for allowing input tax credit in respect of supplies made by such person.

10) Input tax credit is eligible only after filing a valid GST return.

11) Refund of interest on mismatch is receivable as interest by the recipient of goods if the supplier later on revises his return and reconciles the sales. However refund of interest cannot exceed the interest paid by the supplier of goods.

12) Annual return to be furnished by 31st December following the respective year.

13) Input Service distributor, deductor of tax, casual taxable person and Non-Resident taxable person are not required to furnish annual return.

14) Final return to be furnished by supplier within 3 months of cancellation of registration or receipt of cancellation order, whichever is later.

15) Late filing fees shall be Rs. 100 per day of delay (maximum INR 5000/-). For annual return, late filing fees shall be Rs. 100 per day of delay (maximum 0.25% of aggregate turnover)

16) The taxpayer can authorize any GST practitioner to file return on his behalf

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[…] For more details on GST Returns, please read: Filing of GST Returns – Detailed Guide with Infographics […]

T.Sekhar
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T.Sekhar

Thank you for enlitement

sunil yadav
Guest
sunil yadav

How to input tax credit in gst

sunil yadav
Guest
sunil yadav

Gstr 4

KANCHAN KUAMRI
Guest
KANCHAN KUAMRI

Annual Return is GSTR-9 or GSTR-8? Please clarify.

ASHISH KUMAR JHA
Guest
ASHISH KUMAR JHA

SIR
PLEASE EXPLAIN ABOUT INPUT SERVICES DISTRIBUTOR

Devendra Kumar
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Devendra Kumar

My qualification are B.Com, M.Com & LL.B. I want to do GST practice & I wand to know about registration for practice.

Ashutosh Kuma Sinha
Guest
Ashutosh Kuma Sinha

WE HAVE PAID EXCESS ON THE ACCPOUNT OF GTA UNDER REVERSED CHARGED CAN WE ADJUST AGAINST GTA-CGST

T.N.Sankar
Guest
T.N.Sankar

Sir Explain the filing GSTR-2 for the Builders and Works Contractors

Ronak Soni
Guest

If a company is doing the business both in DTA and EOU with same PAN number and also located in same state then in GST do we need to get separate registration number for both EOU and DTA????????. Earlier the company has taken two separate service tax number for EOU and for DTA with same PAN number.

Amaresh Gupta
Guest
Amaresh Gupta

dear Sir,
we repair dies and mould. i want to know that what will GST SAC no. And GST SLAB RATE???

kingston travels
Guest
kingston travels

we are a service industry i.e. travel agent, we get commission and processing fees
how to fill returns

kingston travels
Guest
kingston travels

We are a travel agent, we get commission and processing fees, how to file the gst retrun

Radhakrishnan
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Radhakrishnan

Sir
I am selling live plants through an online platform to different buyers outside Kerala. Online service provider is collecting from me Service Tax for every sale. My annual sale is less than one lakh. I have got GST registration recently. Am I required to file Returns for sale as plants are exempted from the Tax purview. If required to file Returns, when should I file it and in which form.