GST DUE DATE

ReturnDescriptionWho filesDate of filing
GSTR-1Monthly Statement of outward supplies of Goods & services.
Quarterly below 1.5 cr
Registered Person.10th of Next month.
GSTR-2Monthly Statement of inward supplies of Goods & services.Registered Person.15th of next month.
GSTR-3Monthly Return of a normal taxpayer.Registered Person.20th of every month.
GSTR-4Quarterly return.taxable person opting for composition levy.18th of the month succeeding the quarter.
GSTR-5Monthly return for a non-resident taxpayer.Non -resident tax payer.20th of the month succeeding the tax period within 7 days after expiry of registration,whichever is earlier.
GSTR-6Montly return for an Input service distributor(ISD).Input service distributor.13th of the next month.
GSTR-7Montly return for authorities deducting tax at source.Tax deductor.10th of the next month.
GSTR-8Monthly statement got E-commerce Operator Depicting supplies effecting through it.E-commerce Operator.10th of the next month.
GSTR-9Annual Return.Registered Person other than ISD,TDS/TCS Taxpayer, Casual Taxable.31st December of next Financial Year.

GST RETURNS NIL / Monthly

Rs. 1,000

ONE TIME FEE

Upto 100 Bills / Monthly

Rs. 2,000

ONE TIME FEE

Composite Scheme / Quarterly

Rs. 3,000

ONE TIME FEE

Frequently Ask Questions on GST RETURNS:

a)Mode for transfer of information to tax administration;
b) Compliance verification program of tax administration;
c) Finalization of the tax liabilities of the taxpayer within stipulated period of limitation; to declare tax liability for a given period;
d) Providing necessary inputs for taking policy decision;
e) Management of audit and anti-evasion programs of tax administration

Every registered taxable person – who crosses the threshold limit for payment of taxes. A supplier needs to be registered when the aggregate turnover crosses Rs. nine lacs but he become taxable person ONLY when he crosses Rs. ten lacs. So he will be required to file returns when he crosses the threshold limit of Rs. ten lacs. There are some other class of persons who need to be registered and therefore will have to file returns like interstate suppliers, TDS deductors, e-commerce operators, suppliers supplying goods through e-commerce operators etc.

A normal registered taxpayer has to file the outward supply details in GSTR-1 in relation to various types of supplies made in a month, namely outward supplies to registered persons, outward supplies to unregistered persons (consumers), details of  redit/Debit Notes, zero rated, exempted and non-GST supplies, exports, and advances received in relation to future supply.

No, scanned copy of invoices is to be uploaded. Only certain prescribed fields of information from invoices need to be uploaded.

No. It depends on whether B2B or B2C plus whether Intra-state or Inter-state supplies. For B2B supplies, all invoices, whether Intra-state or Interstate supplies, will have to be uploaded. Why So? Because ITC will be taken by the recipients, invoice matching is required to be done. In B2C supplies, uploading in general may not be requiredas the buyer will not be taking ITC. However still in order to implement the destination based principle, invoices of value more than Rs.2.5 lacs in inter-state B2B supplies will have to be uploaded. For intra-state invoices below Rs. 2.5 lacs and all intra-state invoices, state wise summary will be sufficient.

No. In fact description will not have to be uploaded. Only HSN code in respect of supply of goods and Accounting code in respect of supply of services will have to be fed. The minimum number of digits that the filer will have to upload would depend on his turnover in the last year.

A registered taxable person who files return beyond the prescribed date will have to pay late fees of rupees one hundred for every day of delay subject to a maximum of rupees five thousand.

 It should contain details of turnover in the State or Union territory, inward supplies of goods or services or both, tax payable on reverse charge basis in case of purchases made from unregistered persons and tax payable.