Know everything about GSTR-5 for Non-Resident Taxable Person. Visit earlyGST guide section to know the heading that appears under GSTR-5 and their significance.

All you need to know about Form GSTR-5

Last Update Date : January 08, 2018

What is Form GSTR-5?

GSTR-5 is a periodic return to be filed by Non-Resident Taxable Person. This form has been designed to take care of transactions undertaken by the non-resident taxable person.

Who can File Form GSTR-5?

GSTR-5 is a return that is filed electronically through the common portal by non-resident taxpayers (foreigners). Either it can be done directly or from facilitation centre. Here, Non-Resident foreign taxpayers are the suppliers that don’t have a business institution in India and have arrive for a short period to make supplies in India.

Who is Non-Resident Taxable Person?

Any person who occasionally undertakes transactions involving the supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India.

When to File Form GSTR-5?

The non-resident taxable person shall furnish a return including therein the details of outward supplies and inward supplies and shall pay the tax, interest, penalty, fees or any other amount payable under the Act or these rules. This should be done within twenty days after the end of a calendar month or within seven days after the last day of the validity period of registration, whichever is earlier.

Proforma of Form GSTR-5

Here you can see the complete format of the Form GSTR-5.

Headings that appear under GSTR-5 and their significance

# Headings Details to be furnished
1 GSTIN (Goods and Services Taxpayer Identification Number ) 15 digit state-wise PAN number which will be auto-populated at the time of filing a return.
2 Legal Name of the registered person Will be auto-populated when a taxpayer will login to the common GST portal
3 Validity Period of Registration This shall be auto-populated
4 Tax Period/period of return Period/month or year of tax to which the Return pertains (respectively for which GSTR-5 is being filed); to be selected from drop-down menu
5 Imported goods (physical goods supplied into an Indian taxable territory from overseas) Under GST, any such goods/services supplied, need to be furnished under this head; it includes Bill of entry number and other basic description of goods imported
6 Modifications to Details of Imported goods; of Earlier Tax Periods Any amendment in tax calculated on imported goods is presented under this heading along with details of the entire changes in the bill of Entry / Import Report and eventual changes in IGST rates. Details pertaining to original Bill of entry is also furnished here.
7 Imported services Details of services received from a supplier located outside India are furnished under this head. In this scenario, one foreign taxable person has received services from another foreign taxable person in Indian Territory
8 Modifications to details of imported services Any amendment in tax calculated on imported services is presented under this heading along with details of the entire changes in the bill of Entry / Import Report. Any reduction in value of supply will result in a refund of IGST paid earlier.
9 Outward Supplies Made Outward supplies of a foreign taxpayer are captured under this head once the details of inputs have been filled in. It being a GSTIN based entry, GSTIN of the buyer must also be reported. The supply details should be furnished with the complete break-up of IGST, CGST and SGST charged.
It includes the
1. Taxable Outward Supplies made to registered persons
2. Taxable Outward Interstate Supplies made to unregistered persons where invoice value is more than Rs.2.5 Lakh
3. Taxable Supplies net of Debit-Credit Notes to unregistered persons other than above.
10 Modifications to outward supplies related to intra-state supplies; received in Earlier Tax Periods Any amendment in outward supply from earlier tax period is presented under this head. If required, new invoices need to be issued for revisions. Such modifications will also have an impact on the tax liability of a non-resident taxpayer.
11 Debit notes and credit notes details All debit and credit notes that are raised must be reported by a foreign taxable payer.
12 Amendment to debit or credit notes of earlier tax periods Any amendment in debit /credit note pertaining to previous months shall be reported under this heading.
13 Tax, Interest, Late Fee and Penalty Paid Under this head, input from all the headings determine the final GST liability along with separate presentation of tax liability against IGST, CGST, and SGST. Here, the taxpayer has an option to debit cash ledger/ credit ledger against the outstanding liability.
14 Refunds Claimed (from Cash Ledger) The taxpayer can claim a refund of Input Credit amount in excess of tax liability in this header.

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