The introduction of goods and services tax is one of the greatest tax reforms that combines indirect taxes such as VAT, CST, central excise duty, etc. The registered businesses can file returns monthly, quarterly or annual basis depending upon the category of business on the online GST portal.
The GST return filing process has a facility for manual filing of GST returns it allows the individuals to prepare the return offline and then they upload it on the online GST portal through the GSTIN facilitation center.
The GST return is a document that contains all details about the income, sales, purchase, and expenses. This document also records the input and outward tax paid and collected from their customers registered. It will be used by the authorities to calculate all the taxes and liabilities to be paid to the government.
Every entity registered with GST has to file the returns on the 10th,15th, and 20th of every month without fail even if they haven’t recorded any business under that particular period.
The GSTR return file mainly includes
The taxpayers have to file various forms depending upon their registration and type of transaction. Some common forms for taxpayers include:
This file has to be filled by the registered supplier about the details of outward supplies of goods and services. This form contains details about the business name, the period for which return is filed, GSTIN, previously issued invoice and the tax collected against it, the advance amount received about future orders, and any modifications from previous sales bills.
This form contains details about all the purchase transactions of a registered dealer for a particular month. The GSTR-2 filed by the dealer would be utilized by the government to check with sellers GSTR-1 for reconciliation.
This form contains all the details automatically obtained from GSTR 1 and GSTR 2 forms. It has details about the tax paid under CGST, SGST, and IGST, input tax credit claims, and also you can claim a refund or carry forward of excess tax being paid.
This form has to be filed by taxpayers who have opted for GST composite schemes. It contains a summary of inward and outward supplies, services imported, and supplies attracting reverse charges.
This form is filled by all non-resident taxpayers and has all details about name and details of the business, outward and inward supplies, imported goods details, closing stock details, debit and credit notes, etc
This form is filed by non-resident online information and database access or retrieval (OIDAR) services supplied from a place outside India to an individual in India.
This form is filed by the input service distributor which contains all basic details along with automatically obtained details of GSTR1 and GSTR5 forms.
This form is filed by people whose tax is deducted at the source. It includes all information about TDS details, late fee or interest in TDS, invoice details, and TDS amount.
This form is filed by all the e-commerce businesses who are required to collect tax at source and it involves information about supplies made and received, TDS amount, and fines
This form is filed by normal taxpayers which contains the details about all supplies made and received during the entire year along with turnover and audit details for the same. However, GST Audit has been abolished from the Financial year 20-21
This will be filed by taxpayers if they need to cancel their registration .this form will contain information like application reference number (ARN), date of cancellation of GST, closing stock details, and unique ID of cancellation order.
This form is filed by everyone requiring to claim a refund of the tax on inward supplies by using their GSTIN.it will have all details of inward purchases from su8ppliers, period of return, and UIN.
|Return form||frequency||Due Date|
|GSTR 1||Monthly or quarterly||11th of the following month
13th of next month of the quarter
|GSTR-3B||Monthly or quarterly||20th of the following month (Turnover> 5 Crores)
22th or 24th of next month of the quarter
|GSTR 4||Annually||30th of April following the financial year|
|GSTR 5||Monthly||20th of the following month|
|GSTR 6||Monthly||13th of the following month|
|GSTR 7||Monthly||10th of the following month|
|GSTR 8||Monthly||10th of the following month|
|GSTR 9||Annually||31st Dec of next financial year|
|GSTR 10||Once, when GST registration is canceled||Within 3 months of cancelation order|
|GSTR 11||Monthly||28th of the next month for which statement was filed|
If any taxpayer fails to file the returns within the time limit, they are liable to pay fines and penalties. Even if there are no transactions you are required to file nil returns.