Types Of Returns To Be Filed Under The GST Regime
All individuals registered under the GST Act has to furnish the details of the sales and purchases of goods and services along with the tax collected and paid. This can be done by filing online returns. GST Returns are the Goods and Services Tax Return forms that taxpayers of all types have to file with the income tax authorities of India under the new GST rules.
Implementation of a comprehensive Income Tax system like GST in India will ensure that taxpayer services such as registration, returns, and compliance are transparent and straightforward. Individual taxpayers will be using 4 forms for filing their returns such as the return for supplies, return for purchases, monthly returns, and annual return. Small taxpayers who have opted for composition scheme will have to file quarterly returns. All GST return filing will be done online.
GST RETURN FOR REGULAR DEALERS
| DETAILS TO BE MENTIONED IN THE FORM |
FORM TYPE |
IMPORTANT DATES |
| Outward supplies of Taxable goods and/or services affected. |
GSTR-1 |
10th of the Next Month |
|
Details of inward supplies made available to the recipient on the basis of FORM GSTR-1 furnished by the supplier are auto-populated. |
GSTR-2A |
11th of the Next Month
|
|
Details of inward supplies of taxable goods and/or services for claiming the input tax credit. Addition(Claims)/modification in FORM GSTR-2A should be submitted in FORM GSTR-2. |
GSTR-2 |
15th of the Next Month |
|
Details of outward supplies as added, corrected or deleted by the recipient in FORM GSTR-2 will be made available to the supplier. |
GSTR-1A |
17th of the Next Month |
| Monthly return on the basis of finalization of details of outward supplies and inward supplies along with tax payment. |
GSTR-3 |
20th of the Next Month |
| Communication of acceptance, discrepancy or duplication of ITC. |
GST MIS-1 |
— |
| Notice to a registered taxable person failing to furnish returns. |
GSTR-3A |
15 days from Default |
|
Annual Return – furnish the details of ITC availed & GST paid including local, interstate and import/exports. |
GSTR-9 |
31st Dec of Next Fiscal |
DEALERS UNDER COMPOSITION SCHEME
|
Details of inward supplies made available to the recipient registered under composition scheme on the basis of Form GSTR-1 furnished by the supplier. |
GSTR-4A QUARTERLY |
—
|
|
Furnish all outward supply of goods and services including auto-populated details from Form GSTR-4A, tax payable and payment of tax. |
GSTR-4A QUARTERLY |
18th of Next Month |
|
Furnish the consolidated details of quarterly returns filed along with tax payment. |
GSTR-9A ANNUAL |
31st Dec of next fiscal year |
GST RETURN FOR FOREIGN NON-RESIDENT TAXPAYERS
| DETAILS TO BE MENTIONED IN THE FORM |
FORM TYPE |
IMPORTANT DATES |
|
Furnish details of imports, outward supplies, ITC availed, tax paid & closing stock |
GSTR-5 MONTHLY |
20th of Next Month |
INPUT SERVICE DISTRIBUTOR
|
Details of inward supplies made available to ISD on the basis of Form GSTR-1 furnished by the supplier. |
GSTR-6A MONTHLY |
11th of Next Month |
|
Furnish the details of input tax credit distributed. |
GSTR-6 MONTHLY
|
13th of Next Month |
TAX DEDUCTOR
Department or establishment of Central & State Govt., Local Authority & Govt. agencies
|
Furnish the details of TDS |
GSTR-7A MONTHLY |
10th of Next Month |
|
TDS Certificate – capturing details of value on which TDS is deducted and deposit on TDS deducted into appropriate Govt. |
GSTR-7 MONTHLY |
TDS Certificate will be available for download. |
E-COMMERCE OPERATOR
|
Details of supplies effected through e-commerce operator and the tax amount collected on supplies |
GSTR-8 MONTHLY |
10th of Next Month |
|
An annual statement containing the details of outward supplies of goods or services or both affected through an e-commerce operator, including the supplies of goods or services or both returned and the amount collected. |
GSTR-9B ANNUAL
|
31st Dec of Next Fiscal year |
AGGREGATE OF TURNOVER ABOVE 2CRORES
|
Reconciliation Statement – audited annual accounts and a reconciliation statement, duly certified. |
GSTR-9C ANNUAL |
31st Dec of Next Fiscal year |
FINAL RETURN
For a taxable person whose registration is either canceled or surrendered:
|
Furnish details of inputs & capital goods held, tax paid & payable. |
GSTR-10 MONTHLY |
Within 3 months from the Date of cancellation of registration OR date of cancellation, whichever is Late. |