GST Return Filing-How To File GST Return Online
GST Return
Filing GST return under the GST regime is crucial as non-compliance and delay will result in penalties and affect your compliance rating and timely refunds.
What is a Return?
A return is a document containing details of income which a taxpayer is required. To file with the tax administrative authorities. This is used by tax authorities to calculate tax liability.
What is a GST Return?
In a GST return the tax payer will give details of-
- Purchases
- Sales
- Output GST (on sales)
- Input tax credit (GST paid on purchases)
Under the GST, a normal taxpayer will be required to furnish three returns monthly and one annual return. This amounts to 37 returns in a year!
But the beauty of the entire system is that one has to manually enter details of 1 return every month- GSTR-1. The other returns will automatically derive information from the GSTR-1.
Similarly, there are separate returns for a taxpayer registered under the composition scheme. Taxpayer registered as an Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS).
GST Returns
A normal business will have to file only the following-
- GSTR-1
- GSTR-2
- GSTR-3
- GSTR-3B (For Jul & Aug 2017 only)
A composition dealer will enjoy the benefits of lesser returns & compliances along with payment of taxes at nominal rates. A composition dealer will file only 2 returns-
- GSTR-4
- GSTR-9A
GSTR 3B is a simple return that businesses need to file in the first two months of GST instead of the normal returns. The government has postponed the filing of GSTR 1,2 & 3 for July and August, 2017 in order to give businesses some time to adjust to GST.
- There is no buyer-seller reconciliation for July & August.
- Also, there is no late fee or penalty levied for the months of July and August in the case of delayed return filing.
| Forms | For July 2017 | For August 2017 |
| GSTR-3B | 20th August | 20th September |
| GSTR-1 | 1st-5th September | 16th-20th September |
| GSTR-2 | 6th-10th September | 21st– 25th September |
| GSTR-3 | 11th– 15th September | 26th– 30th September |
All Returns under GST
This is a list of all the returns which are required to be filed under the GST Law.
Note: All the returns do not apply to every tax payer. Please click the relevant return to know more about it.
| Return Form | Details | By Whom? | By When? |
| GSTR-1 | Details of sales of taxable goods and/or services | Registered Taxable Supplier/Seller | 10th of the next month |
| GSTR-2 | Details of purchases of taxable goods and/or services claiming input tax credit. | Registered Taxable Recipient/Buyer | 15th of the next month |
| GSTR-3 | Monthly summary return based on GSTR-1 & GSTR-2 with a summary of monthly sales and purchases along with the payment of amount of tax. | Registered Taxable Person | 20th of the next month |
| GSTR-4 | Quarterly return for compounding taxable person. | Composition Supplier | 18th of the month succeeding quarter |
| GSTR-5 | Return for Non-Resident foreign taxable person | Non-Resident Taxable Person | 20th of the next month |
| GSTR-6 | Return for Input Service Distributor | Input Service Distributor | 13th of the next month |
| GSTR-7 | Return for authorities deducting tax at source. | Tax Deductor | 10th of the next month |
| GSTR-8 | Details of supplies effected through e-commerce operator and the amount of tax collected | E-commerce Operator/Tax Collector | 10th of the next month |
| GSTR-9 | Annual Return | Registered Taxable Person | 31st December of next financial year |
| GSTR-10 | Final Return | Taxable person whose registration has been surrendered or cancelled. | Within three months of the date of cancellation or date of cancellation order, whichever is later. |
| GSTR-11 | Details of inward supplies to be furnished by a person having UIN | Person having UIN and claiming refund | 28th of the month following the month for which statement is filed |