GST Newsletter
Returns under GST and the due dates for filling those returns
A return is a document that a taxpayer is required to file as per the law with the tax administrative authorities. Under the GST law, a normal taxpayer will be required to furnish three returns monthly and one annual return. Similarly, there are separate returns for a taxpayer registered under the composition scheme, taxpayer registered as an Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS)
The below table gives the information about the various returns under GST and the due dates for filling the returns.
| Return | What to file ? | By Whom ? | Due date |
|---|---|---|---|
| GSTR - 1 | Details of outward supplies of taxable goods and/or services effected | Registered taxable Supplier | 10th of next month |
| GSTR – 1A | Details of outward supplies as added, corrected or deleted by the recipient | Registered taxable Supplier | 20th of next month |
| GSTR – 2 | Details of inward supplies of taxable goods and/or services effected claiming input tax credit. | Registered taxable recipient | 15th of next month |
| GSTR – 2A | Details of inward supplies made available to the recipient on the basis of FORM GSTR-1 furnished by the supplier | Registered taxable recipient | 11th of 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. | Registered taxable person (Both supplier and recipient) | 20th of next month |
| GSTR – 3A | Notice to a registered taxable person who fails to furnish return under section 27 and section 31 | ||
| GSTR - 4 | Quarterly return for compounding taxable person. | Composition supplier | 18th of the month succeeding quarter |
| GSTR – 4A | Details of inward supplies made available to the recipient registered under composition scheme on the basis of FORM GSTR-1 furnished by the supplier | Recipient | |
| GSTR - 5 | Return for Non-Resident foreign taxable person | Non- Resident taxable person | 20th of next month |
| GSTR - 6 | Return for Input Service Distributor | Input service distributor | 13th of Next month |
| GSTR – 6A | Details of inward supplies made available to the ISD recipient on the basis of FORM GSTR-1 furnished by the supplier | Input service recipient | 11th of next month |
| GSTR - 7 | Return for authorities deducting tax at source. | Tax deductor | 10th of next month |
| GSTR – 7A | TDS Certificate | ||
| GSTR - 8 | Details of supplies effected through e-commerce operator and the amount of tax collected | E- Commerce operator/ Tax collector | 10th of next month |
| GSTR – 9 | Annual return | Registered Taxable person | 31st December of next financial year |
| GSTR – 9A | Simplified Annual return by Compounding taxable persons registered under section 8 | ||
| GSTR – 9B | Reconciliation Statement | ||
| GSTN - 10 | Final Return | Taxable person whose registration has been surrendered or cancelled. | Within three months of the date of cancellation or date of cancellation order, whichever is later. |
| GSTN - 11 | Details of inward supplies to be furnished by a person having UIN (Unique identification Number) | Person having UIN and claiming refund | 28th of the month following the month for which statement is filed |
Note: All these returns are required to be filed digitally online through a common portal to be provided by GSTN.
Disclaimer:"The information contained herein is only for informational purpose and should not be considered for any particular instance or individual or entity. We have obtained information from publicly available sources, there can be no guarantee that such information is accurate as of the date it is received or it will continue to be accurate in future. No one should act on such information without obtaining professional advice after thorough examination of particular situation."
Prepared By
GST team
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Contact :
Ankit C Shetty
ankit@bchsettyco.com