What is GST Return

Every person registered under the GST Act has to periodically furnish the details of sales and purchases along with tax collected and paid thereon, respectively, by filing online returns. Before filing the return, payment of tax due is compulsory otherwise such return will be invalid.


  • Steps for filing GST return:

  • GST return can be filed in different forms depending upon the nature of transaction and registration.Return Forms that are applicable for Normal Tax payers and their due dates are:

  • 1. Monthly Details of outward supplies in FORM GSTR-1 by the 10th of next month.

  • 2. Monthly Details of inward supplies in FORM GSTR-2 by the 15th of next month.

  • 3. Monthly Filing of Return along with payment of tax due in FORM GSTR-3 by the 20th of next month.

  • 4. Annual Filing of Return in FORM GSTR-9 by 31st December of next financial year.

Types of GST Returns?

Types of GST Returns to be filed by normal taxpayers



These returns are as per the GST Act-


Return Form

Particulars

Frequency

Due Date

 GSTR-1

Details of outward supplies of taxable goods and/or services effected

Monthly

10th of the next month

GSTR-2

Details of inward supplies of taxable goods and/or services effected claiming input tax credit.

Monthly

15th of the next month

 GSTR-3

Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of tax.

Monthly

20th of the next month

 GSTR-3B

Simple return for Jul 2017- Mar 2018

Monthly

20th of the next month

 GSTR-4

Return for compounding taxable person

Quarterly

18th of the month succeeding quarter

 GSTR-5

Return for Non-Resident foreign taxable person

Monthly

20th of the next month

 GSTR-6

Return for Input Service Distributor

Monthly

13th of the next month

 GSTR-7

Return for authorities deducting tax at source.

Monthly

10th of the next month

 GSTR-8

Details of supplies effected through e-commerce operator and the amount of tax collected

Monthly

10th of the next month

GSTR-9

Annual Return

Annually

31st December of next financial year

GSTR-9A

Annual Return

Monthly

31st December of next financial year

 GSTR-10

Final Return

Once. When registration is cancelled or surrendered

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 and claiming refund

Monthly

28th of the month following the month for which statement is filed


Due Dates for GST Returns:

  • 1. GSTR-1

  • Quarterly Returns (Taxpayers with Annual Turnover upto Rs. 1.5 Crore who opt for Quarterly return filing)

Period (Quarterly)
Due Dates
July - Sept 10th January 2018
Oct - Dec 15th Feb 2018
Jan - Mar 30th April 2018

For Taxpayers with Annual turnover of more than Rs 1.5 cr
and for Taxpayers with the Annual turnover of upto Rs 1.5 cr (who opt for monthly return filing instead of Quarterly return filing) 

Period
Dates
July - Nov 10th Jan 2018
Dec. 10th Feb 2018
Jan. 10th March 2018
Feb. 10th April 2018
March 10th May 2018
  • 2. GSTR-2 and GSTR-3:

  • GSTR-2 and GSTR-3 filing dates for July 2017 to March 2018 will be worked out later by a GST Committee.

  • 3. GSTR-3B

  • 1. GSTR-3B has been extended to March 2018

  • 2. All businesses to file GSTR-3B by 20th of next month till March 2018.

  • As per Latest update on 20th January 2018: Due date for filing GSTR-3B for December 2017 is extended to 22nd January 2018

  • 4. GSTR-4

  • Due date  for the quarter July-September, 2017 is 24th Dec 2017

  • 5. GSTR-5

  • Due date for the period July-December 2017 is 31st January 2018.

  • 6. GSTR-6

  • Due date for July 2017 is 31st December 2017.

  • Other Due Dates

  • A. TRAN-01 – 27th December 2017

  • B. ITC-01 – 31st January 2017




What is GSTIN?

  • The first 2 digits of the 15 digit GSTIN will represent the state code. For example: 01 for Jammu and Kashmir, 02 for Himachal Pradesh, 03 for Punjab, etc.
  • The next 10 digits will be the PAN of person or entity engaged in Business.

Frequently Asked Questions

GST Registration is not mandatory for persons who :

  • Supply agricultural produce from cultivation.
  • Make only exempt supplies (Nil Rated or Non-Taxable supplies) of goods or services.
  • Make supplies which are entirely covered under reverse charge.

Yes, a person can get registered voluntarily under GST in terms of sub-section (3) of section 25. All the provisions will apply to him as they apply to a registered person.

Registration can be cancelled in 2 scenarios: When the taxable person wishes to voluntarily cancel his GST registration. When the proper officer, on default by the taxable person, moves to cancel the GST registration on his own motion. This may be when the person is not doing business from his declared registered place of business or if he issues tax invoice without making the supply of goods or services.

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