A return is a document that a taxpayer ishowever requiredin order to file as per the law with the tax administrative authorities. Under the GST law, a normal taxpayer will however be required in order to furnish three returns monthly andalso one annual return. Similarly, there arethus separate returns for a taxpayer who is registered under the composition scheme, a taxpayer who however is registered as an Input Service Distributor, a person who is thus liable in order to deduct or collect the tax (TDS/TCS).
The purpose of this article is to make the reader aware of the different types of return forms which are required to be filled under GST Law .
The article below provides the details of all the returns which are however required to be filed under the GST Law that is the GST Returns .
1. GSTR-1
What to file
etails of the outward supplies of the taxable goods and/or services effected
By whom :TheRegistered Taxable Supplier
By when :10th of the next month
The purpose of this article is to make the reader aware of the different types of return forms which are required to be filled under GST Law .
The article below provides the details of all the returns which are however required to be filed under the GST Law that is the GST Returns .
1. GSTR-1
What to file
etails of the outward supplies of the taxable goods and/or services effectedBy whom :TheRegistered Taxable Supplier
By when :10th of the next month
2. GSTR-2
What to file : Details of the inward supplies of the taxable goods and/or services effected for the purpose of claiming the input tax credit.
By whom :Registered Taxable Recipient
By when :15th of the next month
What to file : Details of the inward supplies of the taxable goods and/or services effected for the purpose of claiming the input tax credit.
By whom :Registered Taxable Recipient
By when :15th of the next month
3. GSTR 3
What to file :Monthly return which is thus on the basis of the finalization of the details of the outward supplies and inward supplies along with the payment of the amount of tax.
By whom :Registered Taxable Person
By when: 20th of the next month
What to file :Monthly return which is thus on the basis of the finalization of the details of the outward supplies and inward supplies along with the payment of the amount of tax.
By whom :Registered Taxable Person
By when: 20th of the next month
4. GSTR 4
What to file :Quarterly return for the compounding taxable person.
By whom :Composition Supplier
By when18th of the month succeeding quarter
What to file :Quarterly return for the compounding taxable person.
By whom :Composition Supplier
By when18th of the month succeeding quarter
5. GSTR 5
What to file :Return for the Non-Resident foreign taxable person
By whom :Non-Resident Taxable Person
By when :20th of the next month
What to file :Return for the Non-Resident foreign taxable person
By whom :Non-Resident Taxable Person
By when :20th of the next month
6. GSTR 6
What to file :Return for the Input Service Distributor
By whom :I nput Service Distributor
By when : 13th of the next month
What to file :Return for the Input Service Distributor
By whom :I nput Service Distributor
By when : 13th of the next month
7. GSTR 7
What to file :Return for the authorities who are however deducting tax at source.
By whom :Tax Deductor
By when :10th of the next month
What to file :Return for the authorities who are however deducting tax at source.
By whom :Tax Deductor
By when :10th of the next month
8. GSTR 8
What to file : Details of the supplies which are thus effected through e-commerce operator and the amount of tax collected
By whom : E-commerce Operator/Tax Collector
By when : 10th of the next month
9. GSTR 9
What to file : An Annual Return
By whom :Registered Taxable Person
By when :31st December of next financial year
What to file : Details of the supplies which are thus effected through e-commerce operator and the amount of tax collected
By whom : E-commerce Operator/Tax Collector
By when : 10th of the next month
9. GSTR 9
What to file : An Annual Return
By whom :Registered Taxable Person
By when :31st December of next financial year
10. GSTR 10
What to file : The Final Return
By whom :Taxable person whose registration however has been surrendered or is cancelled.
By when :Within three months of the date of the cancellation or the date of cancellation order, whichever is thus later.
What to file : The Final Return
By whom :Taxable person whose registration however has been surrendered or is cancelled.
By when :Within three months of the date of the cancellation or the date of cancellation order, whichever is thus later.
11. GSTR 11
What to file : Details of the inward supplies which is to be furnished by a person having UIN
By whom : Person who is thus having UIN and also claiming refund
By when : 28th of the month following the month for which the statement is filed
What to file : Details of the inward supplies which is to be furnished by a person having UIN
By whom : Person who is thus having UIN and also claiming refund
By when : 28th of the month following the month for which the statement is filed
Filing of GST return is a mandatory requirement and if it is not filed within the due date then the tax payer ishowever penalized with the late fee of Rs 100 per day upto a maximum of Rs. 5000/-
However for the purpose of filing his GST return , one can contact LegalRaasta . Filing GST Return with us would provide you with certain advantages such as
1. Easy, fast and intuitive
2. 100 % accuracy
3. Guided filing
4. Status tracking
5. Auto verification and validation
6. Refund tracking
1. Easy, fast and intuitive
2. 100 % accuracy
3. Guided filing
4. Status tracking
5. Auto verification and validation
6. Refund tracking
This article has been contributed by Simmi Setia, Content Writer at LegalRaasta, an online portal for GST software, GST Return Filing, GST registration, Section 8 company Registration, Nidhi company Registration.
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