returns under gst

Returns Under Goods And Services Tax (GST) India

Last Update Date : September 11, 2018

returns under gst

Different tax return forms have been prescribed under GST law for different kinds of taxpayers. In this guide you will find key information regarding the process related to filing of returns under GST.

Important Update!

As per the recent notification issued by the government on 10th September 2018, the revised due dates to file GSTR-1 are as follows:

  1. For taxpayers having a turnover up to Rs 1.5 crore:
S.No. Quarters Last date for Filing Form GSTR-1
1 July,2017 – September, 2017 31st October, 2018
2 October,2017 – December, 2017 31st October, 2018
3 January,2018 – March, 2018 31st October, 2018
4 April, 2018 – June, 2018 31st October, 2018
5 July,2018 – September, 2018 31st October, 2018
6 October,2018 – December, 2018 31st January, 2019
7 January, 2019 – March, 2019 30th April, 2019
  1. For taxpayers having a turnover of more than Rs 1.5 crore:
S.No. Months Last date for Filing Form GSTR-1
1 July,2017 – September, 2018 31st October, 2018
2 October,2018 – March, 2019 11th of succeeding month

The due date of filing GSTR 3B for the period July 2017 to November 2018 has been extended to 31st December for taxpayers who have received only provisional ids and have been migrated vide Notification no 31/2018 dated 6th August 2018.

Who Needs to File Return under GST?

  • All the registered dealers irrespective of whether they do any business activity or not. A nil return will be required in case of no business activity.
  • Those persons who deal with nil-rated or non-GST or exempted goods.
  • UN agencies, etc. will file return but only for the month in which they make purchases.

Note: Parties mentioned in bullet points 2 & 4 may be assigned departmental IDs by the government. Suppliers may have to quote such IDs in their supply invoices for all inter-state purchases.

Key Features of GST Returns

  • GST returns can only be filed online.
  • You will be able to generate & prepare forms offline but they need to be filed online.
  • A common return will be required for CGST, IGST, SGST & additional tax.
  • At GST common portal, you will be able to file return yourself or authorise someone to do it on your behalf.
  • Revision of returns once filed will not be allowed. You will be required to accommodate changes in next return.

Types of Returns under GST

In the table given below, we have mentioned all the different return forms from (GSTR-1 to GSTR-11) prescribed under model GST law. The table will give an idea about the purpose of filing them as well as the time of filing each return.

Form name Purpose of filing Due Date
GSTR-1 To provide details of supplies made outward (composition and ISD taxpayers are exceptions) 10th day of the subsequent month
GSTR-1A To provide details of additions, corrections or deletions made by the recipient in the outward supplies 15th day of the subsequent month
GSTR-2 To provide details of supplies made inward (composition and ISD taxpayers are exceptions) 15th day of the subsequent month
GSTR-2A To furnish details of inward supplies received by the recipient which are based on Form GSTR-1 filed by the supplier 15th day of the subsequent month
GSTR-3 It is a return to be filed on monthly basis (composition and ISD taxpayers are exceptions) 20th day of the subsequent month
GSTR-3A It is a notice sent to a registered taxable person who fails to file return under section 27 and section 31
GSTR-4 It is a return to be filed by Composition Taxpayer 18th day of the month next to quarter
GSTR-4A To furnish details of inward supplies received by the recipient registered under composition scheme which are based on Form GSTR-1 filed by the supplier Every quarter
GSTR-5 This is a periodic return to be filed by Non-Resident Foreign Taxpayer Due on last day of registration
GSTR-6 It is a return to be filed by Input Service Distributor (ISD) 15th day of the subsequent month
GSTR-6A To furnish details of inward supplies received by the ISD recipient which are based on Form GSTR-1 filed by the supplier
GSTR-7 It is a return to be filed for Tax Deducted at Source 10th day of the subsequent month
GSTR-7A It is a TDS Certificate
GSTR-8 It is statement to be filed by E-Commerce Operators
GSTR-9 It is the annual return of GST Due by 31st December of subsequent F.Y.
GSTR-9A It is a simplified version of annual return of GST for composition taxable persons Due by 31st December of subsequent F.Y.
GSTR-10 It is the final return of GST to be filed after surrender or cancellation of registration Within 3 months of date of surrender or cancellation
GSTR-11 To provide details of inward supplies if person having UIN wants to claim refund Due by 28th day of the subsequent month

Returns to be Filed by Regular Taxpayers

Normal taxpayers (including casual taxpayers) would have to file the following returns out of the returns mentioned above:

  • GSTR-1 (monthly)
  • GSTR-2 (suspended)
  • GSTR-3 and 3B(suspended)
  • GSTR-9 (annual return)

Normal or regular taxpayers who have more than one registration for business in a state would have to file the following returns:

  • GSTR-1 (monthly)
  • GSTR-2 (monthly)
  • GSTR-3 and 3B (monthly)
  • GSTR-8 (annual return)

Note: First three forms, i.e. GSTR-1, GSTR-2 & GSTR-3 need to be filed separately for each registration while GSTR-8 is a common return. Those taxpayers who must get their account audited u/s 44AB of I-T Act should also file a reconciliation statement certified by a CA.

Returns to be Filed by Composition Taxpayers

Composition taxpayers, i.e. those who are registered under composition scheme are required to file the following return:

  • GSTR-4 (quarterly)
  • Simple annual return (form to be prescribed)

Note: Composition taxpayers can opt out of composition scheme to take benefit of ITC.

Returns to be Filed by Casual and Non-Resident Taxpayers

Casual and Non-Resident taxpayers other than foreigners are required to file the following returns for the period they are registered:

  • GSTR-1
  • GSTR-2
  • GSTR-3

Non-Resident taxpayers who are foreigners need to file the following returns for the period they are registered:

  • GSTR-5

Note: Monthly returns must be filed if registration period exceeds one month.

Late Filing of GST Return

  • Returns must be filed as per the GST Act which is mandatory, irrespective of whether or not they have any transactions in a month. It’s recommended to file NIL return in cases where there no transactions.
  • The Interest rate is 18% per annum, which is calculated on the outstanding tax to be paid by the tax payer.
  • The late fee applicable for NIL returns is reduced to Rs. 20 per day for GSTR 1, GSTR 3B, GSTR 4 and GSTR 5.
  • Late Fee for filing GSTR 1, GSTR 3B, GSTR 4, GSTR 5 and GSTR 6 is reduced to Rs. 50 per day for returns filed after the due date.

For all your GST registration, compliance and reconciliation needs, enlist the aid of the experts at earlyGST by H&R Block India.  

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