


GST return is a documentation of all Sales details, Output tax liability and Input tax credit available. Filing these GST Returns requires tax liability payments to the government by the taxpayers.
GST return is a documentation of all Sales details, Output tax liability and Input tax credit available. Filing these GST Returns requires tax liability payments to the government by the taxpayers.
Type | Particulars | Frequency | Due Date |
---|---|---|---|
GSTR – 1 | Regular Taxpayer's statement of outward supplies made during the month | Quarterly (optional for taxpayers having turnover less than 1.5 crore) Monthly |
July 2019-September 2019 GSTR - 1 is due by 31st October 2019 11th of the next month |
GSTR – 2A | Regular Taxpayer's statement of Input Tax Credit available. Input Tax Credit is auto populated in GSTR - 2A based on GSTR – 1 filed by the suppliers | Not Applicable | Not Applicable |
GSTR – 3B | Monthly | 20th of next month | July 2019-September 2019 GSTR - 1 is due by 31st October 2019 11th of the next month |
GSTR - 4 | Until FY 18-19, GSTR - 4 is filed quarterly by composition taxpayers declaring tax liability. Now, composition taxpayers are required to file GST CMP - 08 quarterly and revised GSTR - 4 annually | Annually from FY 2018-19 | Not yet notified |
GST CMP - 08 | Composition Taxpayer's summary statement of Outward supply and Output tax liability | Quarterly-1 Quarterly-2 |
31st August 2019 for the quarter April 2019 to June 2019 18th October 2019 for the quarter July 2019 to September 2019 |
GSTR-5 | Non resident taxpayers | Monthly | 20th of next month |
GSTR - 5A | Non resident taxpayers who provide OIDAR services | Monthly | 20th of next month |
GSTR - 6 | Input Service Distributors | Monthly | 13th of next month |
GSTR - 7 | Authorities deducting Tax at source | Monthly | 10th of next month |
GSTR - 8 | E commerce operators collecting Tax at source | Monthly | 10th of next month |
GSTR - 9 | Annual return for regular taxpayers | Annually | 31st August 2019 for FY 17-18 |
GSTR - 9A | Annual return for Composition taxpayers till FY 17-18 | Annually | 31st August 2019 for FY 17-18 |
GSTR - 9C | GST Audit report for taxpayer with turnover more than 2 crores | Annually | 31st August 2019 for FY 17-18 |
GSTR - 10 | Final return filed by a taxpayer when GST registration is cancelled or surrendered | Once | Within 3 months of date of cancellation or date of cancellation order whichever is earlier |
GSTR - 11 | Statement of inward supplies of UIN holders claiming refund | Annually | 28th of the month following the month for which statement if filed |
For taxpayers who fail to pay taxes on time, interest will be levied at the rate of 18% per annum for the days after the due date.
Governing Act |
Late fee per day GSTR 3B / GST CMP - 08 |
Nil GSTR 3B / GST CMP - 08 |
Annual return |
---|---|---|---|
CGST Act | 25 | 10 | 100 |
SGST Act | 25 | 10 | 100 |
Total | 50 | 20 | 100 |
If the goods are meant to be supplied in the course of construction an invoice is necessary. If the goods are tools which are to be used for construction then delivery challan should be issued.
Area based exemptions will not be continued under GST. It will be operated through the route of reimbursement as prescribed.
Advance refunded can be adjusted in return.
There is no requirement to take Aadhaar / PAN details of the customer under the GST Act.
Balance VAT credit in the return will be transferred to new provisional ID as SGST Credit.
Generally not. But required in case of inter-State supplies having invoice value of more than Rs 2.50 Lakhs.
Transition credit can be availed by filing the respective forms under Transition rules upto 30.09.2017.
Returns provide for furnishing rate wise details.
The supplier may issue credit note to the customers and adjust his liability.
For RCM liabilities tax invoice has to be issued on self.