All the returns are to be filed online. Returns can be filed using any of the following methods:
1. GSTN portal (www.gst.gov.in
)
2. Offline utilities provided
by GSTN
Various Types of
Retuns under GST:|
Returns
Description Responsible Due Date
Person
|
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|
GSTR-1
GSTR-2
GSTR-3
GSTR-4
GSTR-5
GSTR-6
GSTR-7
GSTR-8
|
Monthly Statement of Registered 10th of the next
Outward supplies of Person month
Goods or Services
|
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Monthly Statement of Registered 15th of the next
Inward supplies of
Goods Person month or Services
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Monthly Return for a Registered 20th of the next
normal taxpayer Person month
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Quarterly Return Taxable Person 18th of the month
opting for succeeding
the
Composition
Levy quarter
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|
Monthly Return For a non- 20th of the month
resident
taxpayer succeeding the tax
period & within 7
days after expiry
of registration
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Monthly Return for an
Input Service 13th of
the next
Input Service Distributor
Distributor (ISD)
month
(ISD)
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|
Monthly Return for
Authorities deducting
tax at source
|
Tax Deductor
10th of the next
month
|
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Monthly Statement for E-Commerce 10th of the next
depicting
supplies Operator month
effecting through
it
|
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GSTR-9 Annual Return Registered
Person
other than
an ISD, TDS/TCS Taxpayer, Casual
Taxable Person
and Non-resident Taxpayer
GSTR-10
Final Return Taxable Person
whose registration has
been surrendered
or cancelled
31st December
of next
Financial Year
Process
of filling:
A normal taxpayer has to file the following
returns:
Ø GSTR-1 Statement
of Outward Supplies:
This return shows the total
tax liability
of
the seller for the sales during the previous
month. It needs to be filed by the 10th of every month in relation to sales during the
previous month. For example, a statement of all the outward supplies made during the
month of July
2017 needs to be filed
by
10th
August, 2017. But July Returns Specifically Extended upto Sept 5th.
Ø GSTR-2 Statement
of Inward Supplies:
This return shows accrual
of
ITC (Input Tax
Credit) from the inputs received during the previous month. It is auto-calculated from the GSTR-1s filed by the corresponding suppliers of
the Taxpayers, but it
exccludes
imports, and purchases from
unregistered suppliers. It needs to be filed by the 15th of every month in relation to supplies
received during the previous month. For example, a statement of all the inward supplies received during the month of July 2017 needs to be filed
by 15th August,
2017.
But July Returns Specifically Extended
upto
Sept
10th.
Ø GSTR-3: Consolidated return :
It consolidates the following details Outward Supplies , Inward Supplies , ITC availed , Tax
Payable and Tax Paid (Using both Cash and
ITC). It needs to be filed
by the 20th of every month. For example,
a Consolidated return during
the month
of July 2017 needs to be filed
by 20th August, 2017.
Revision of Returns:
The rectification of
errors/ omissions is allowed
in the subsequent returns. However, no
rectification is allowed
after furnishing
the
return for the month of
September following the end
of the financial year or annual return,
whichever
is
earlier
Penalty for late Filling:
Any registered
person who fails to furnish form
GSTR-1, GSTR-2, GSTR-3 or Final Return within
the
due dates, shall be liable to
pay
a late fee of Rs. 100 per
day, subject to a maximum of
Rs. 5000/-
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