With the aim of “One Nation One Tax”, Goods and Services Tax (GST) was introduced in India on 1st July 2017 to unify different indirect taxes. The commencement of GST regime in India brought with itself the concept of GST return- a document in which the taxpayer under the Goods and Services Tax (GST) need to file the details of his/her income to the tax authorities. All the business entities need to get themselves separately registered under GST Regime and file their GST return in an online or offline mode.
GST Return
GST Return
Due Date to File GST Return
| Return Type | Description | Due Date |
|---|---|---|
| GSTR-1 (Monthly) | Details of outward supplies for monthly filers. | 11th of the following month |
| GSTR-1 (Quarterly) | Details of outward supplies for quarterly filers. | 13th of the month following the quarter |
| GSTR-3B (Monthly) | Summary return of inward and outward supplies for monthly filers. | 20th of the following month |
| GSTR-3B (Quarterly under QRMP) | Summary return for quarterly filers under QRMP scheme. | 22nd or 24th of the month following the quarter (based on the state) |
| CMP-08 | Statement for payment of tax by composition taxpayers. | 18th of the month following the quarter |
| GSTR-9 | Annual return for regular taxpayers. | 31st December of the following financial year |
| GSTR-9C | Reconciliation statement certified by CA for turnover above 5 crores. | 31st December of the following financial year |
Types of GST Returns
GSTR – 1: Return for Outward Supplies
GSTR-1 is a monthly return that reflects outward supplies carried out by a normal taxpayer registered under GST. In simple words, GSTR-1 is a monthly return that contains the sales transactions executed by a business in a specific month.
GSTR – 3B: Summary of Inward and Outward Supplies
GSTR 3B is a monthly summary return having details about inward and outward supplies. GSTR-3B acts as a self-declaration of the taxpayer’s GST liabilities for the tax period and helps the taxpayer execute his/her tax liabilities in stipulated time-frame.
GSTR-3B is an irreversible form and does not need any compliance to compare the invoices between supplier and purchaser. So, the suppliers and the recipients need to separately file the GSTR-3B form
GSTR – 4: Annual Return for Composition Dealers
GSTR-4 is an Annual return that every taxpayer who is registered under the Composition Scheme has to file.
GSTR – 5: Return for Non-Resident Taxable Persons
GSTR-5 is the only monthly return to be filed by every non-resident taxable person. This return reflects details about inward supplies, outward supplies, interest, penalty, fees, tax payable or paid and any other amount payable under the GST act.
GSTR – 6: Return for Input Service Distributors
GSTR 6 is a monthly return that is to be filed by an Input Service Distributor to furnish the information about all the invoices on which credit has been procured and issued. In simpler terms, GSTR-6 reflects the total availability of ITC for distribution during a month. So, the details about the invoices furnished by an ISD in GSTR 6 are made visible to every credit recipient in part B of form GSTR 2A. It also showcases the details about the debit and credit notes received in the ongoing taxation period.
GSTR – 7: Return for Taxpayers Deducting TDS
GSTR 7 is a monthly return to be filed by the individuals who need to deduct TDS under GST. GSTR-7 encompasses details about TDS, TDS Refund (claimed if any), liability towards TDS, Interest paid or payable, late fees paid or payable, etc.
GSTR – 8: Return for E-Commerce Operators Collecting TCS
GSTR 8 is a monthly return to be filed by every commerce operator who needs to deduct TCS (Tax Collected at Source) under GST. This return contains detailed information about the supplies made via e-commerce portal and the amount of TCS collected from the provider of goods and services.
GGSTR – 9: Annual Return for Normal Registered Taxpayer Under GST
As per the Section 44(1), every registered person shall e- furnish an annual return in form of GSTR-9 for every F.Y. in the specified form, except the individuals who is an
- Input Service Distributor
- Casual taxable individual
- Non-resident taxable individual
- Person paying tax u/s 51 or section 52
GSTR – 9C: Return for Registered Individuals Getting Accounts Audited from CA
Every registered individual with an aggregate turnover of above 2 crores in an F.Y. has to get his accounts audited by a Chartered Accountant or Cost Accountant. The annual return alongside a copy of the audited accounts and a reconciliation statement in Form GSTR 9C needs to be submitted by such registered persons.
GSTR – 10: Return for Registered Individual Whose GST Registration Gets Revoked
GSTR-10 is a final return that needs to be furnished by a registered individual whose GST Registration gets revoked
Who cannot file GSTR10
- Input Service Distributor
- Non-resident taxable individual
- Individual paying tax under composition scheme
- Individual collecting TDS or TCS.
