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The businesses registered under GST have to file returns monthly, quarterly and annualy based on the category of business through the Government of India's GST portal. They have to provide the details of the sales and purchases of goods and services along with the tax collected and paid.
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 GST returns such as the return for supplies, return for purchases, monthly returns, and annual return. Small taxpayers who have opted for a composition scheme will have to file quarterly returns. All filing of returns will be done online.
A penalty will be levied on the taxpayer in case he/she fails to file the returns on time. This penalty is called the late fee. As per the GST Law, the late fee is Rs.100 for each day for each Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST). Thus, the total fine amount will be Rs.200 per day. However, this rate is subject to changes which will be announced through notifications. The maximum amount of fine that can be levied is Rs.5,000. Integrated GST or IGST does not attract any late fee in case the return filing is delayed. The taxpayer will also be required to pay an interest at the rate of 18% p.a. in addition to the late fee. This interest has to be calculated by the taxpayer on the amount of tax that is to be paid. The time period will be calculated from the day following the filing deadline till the date when the actual payment is made.
| Return form | Who should file the return and what should be filed? | Frequency | Due date for filing |
|---|---|---|---|
| GSTR-1 | Registered taxable supplier should file details of outward supplies of taxable goods and services as effected. | Monthly | 11th of the subsequent month. |
| GSTR-2 | Registered taxable recipient should file details of inward supplies of taxable goods and services claiming input tax credit. | Monthly | 15th of the subsequent month. |
| GSTR-3 | Registered taxable person should file monthly return on the basis of finalization of details of outward supplies and inward supplies plus the payment of amount of tax. | Monthly | 20th of the subsequent month. |
| GSTR-4 | Composition supplier should file quarterly return. | Quarterly | 18th of the month succeeding quarter. |
| GSTR-5 | Return for non-resident taxable person. | Monthly | 20th of the subsequent month. |
| GSTR-6 | Return for input service distributor. | Monthly | 13th of the subsequent month. |
| GSTR-7 | Return for authorities carrying out tax deduction at source. | Monthly | 10th of the subsequent month. |
| GSTR-8 | E-commerce operator or tax collector should file details of supplies effected and the amount of tax collected. | Monthly | 10th of the subsequent month. |
| GSTR-9 | Registered taxable person should file annual return. | Annual | 31 December of the next fiscal year. |
| GSTR-10 | Taxable person whose registration has been cancelled or surrendered should file final return. | Once, after the registration of GST is cancelled | Within 3 months of date of cancellation or date of cancellation order, whichever is later. |
| GSTR-11 | Person having UIN claiming refund should file details of inward supplies. | Monthly | 28th of the month, following the month for which the statement was filed. |
GST return is an official document that furnishes all the purchases, sales, tax paid on purchases, and tax collected on sales-related details. The GST returns is required to be filed, following which the taxpayer has to pay off the tax liability.
GST returns has to be filed by all the business entities who are registered under the GST system. The filing process has to be identified on the basis of the nature of the business. The registered dealer who part of the following activities needs to file a GST return:
From manufacturers and suppliers to dealers and consumers, all taxpayers have to file their tax returns with the GST department every year. Under the new GST regime, filing tax returns has become automated. GST returns can be filed online using the software or apps provided by Goods and Service Tax Network (GSTN) which will auto-populate the details on each GSTR forms. Listed below are the steps for filing GST return online:
The list of all types of GST returns in India along with frequency and the due date for filing returns.
GST returns can be filed using different forms depending on the type of transaction and registration of the taxpayer. Return forms for normal taxpayers are:
GSTR-1 form has to be filed by a registered taxable supplier with details of the outward supplies of goods and services. This form is filled by the supplier. The buyer has to confirm the auto-populated buy information on the form and make modifications if required. The form will contain the following details:
GSTR-2 form has to be filed by a registered taxable recipient with details of the inward supplies of goods and services. The form will contain the following details:
GSTR-3 form has to be filed by a registered taxpayer with details that are automatically populated by from GSTR-1 and GSTR-2 returns forms. The taxpayer has to verify and make modifications, if any. GSTR-3 return form will contain the following details:
GSTR-4 form has to be filed by taxpayers who have opted for the Composition Scheme. Taxpayers with small business or a turnover of up to Rs.75 lakh can opt for the Composition Scheme wherein he or she have to pay tax at a fixed rate based on the type of business. Taxpayers under this scheme will not have input tax credit facility. GSTR-4 quarterly return form will contain the following details:
GSTR-5 form has to be filed by all registered non-resident taxpayers. This form will contain the following:
GSTR-6 form has to be filed by all taxpayers who are registered as an Input Service Distributor. This form will contain the following:
GSTR-7 form has to be filed by all registered taxpayers who are required to deduct tax at source under the GST rule. This form will contain the following:
GSTR-8 form has to be filed by all e-Commerce operators who are required to collect tax at source under the GST rule. This form will contain details of supplies effected and the amount of tax collected under Sub-section (1) of Section 43C of Model GST Law. Other details include:
GSTR-9 form is filed by normal taxpayers with details of all income and expenditure for the year. This detail will be regrouped in accordance with the monthly returns. The taxpayer will have the opportunity to make modifications in the information provided if required. GSTR-9 has to be filed by 31st December of the following financial year along with the audited copies of the annual accounts.
GSTR-10 form has to be filed by any taxpayer who opts for cancellation of GST registration. This form will contain the following:
GSTR-11 form has to be filed by everyone who has been issued a Unique Identity Number (UIN) and claims a refund of the taxes paid on inward supplies. This form will contain the following details:
The Goods and Service Tax Network will store information of all GST registered sellers and buyers, combine the submitted details, and maintain registers for future reference. Companies have to file 3 monthly returns every 3 months and one annual return in a financial year (37 returns in total). GSTN has launched a simple excel based template to make the filing of returns easier for businesses. This excel workbook can be downloaded from the GST common portal free of charge. Taxpayers can use this template to collate invoice data regularly. The details of inward and outward supplies can be uploaded on the GST portal on or before the due date. The data preparation can be done offline. Only while uploading the prepared file on the GST portal will the taxpayer need the Internet.
The official GST Login Portal allows you to check the status of your GST Returns. There are 3 different methods for the same. The methods are as follows:
You can download your GST Returns from the official GST Portal. You can follow the steps mentioned below to download your GST Returns:
GST Returns FAQs
For taxpayers who have an aggregate turnover of up to Rs.5 crore in the previous year, the regular returns that are to be used are either Sugam, Sahaj, or normal (quarterly) returns.
Form RET-1 can be filed through SMS in the case of Nil returns, where supplies have not been made or received.
Suppliers can only make amendments in the documents if the document has been rejected by the recipient, and not if they have been left pending.
Yes, the period of filing can be changed by the taxpayer once. This can only be done at the time that the first return of the financial year is filed.
The facility to shift such documents to the correct table is available but is provided only once the documents are rejected by the recipient.
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