GST Return Filing

Who is required to file GST Returns?

A normal taxpayer will be required to furnish required returns monthly / Quarterly and annual return based on the Turnover generated during the last Financial Year. There are separate returns for a taxpayer registered under the composition scheme, Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS).
For the filing of GST Return, transactions need to be classified depending on the type of customer to whom the sale is done. They are: 

  • Normal/ Regular Taxpayer

  • Casual Taxpayer

  • Composition Taxpayer

  • Non-Resident Taxable Person

  • Input Service Distributor (ISD)

  • E-commerce Operator or aggregator

  • Online Service Provider (Resident / Non- Resident)

  • Special Economic Zone (SEZ) Unit/ Developer

  • GST TDS Deductor/ TCS Collector

  • UN Embassy/ Body and other notified Organizations

  • E-commerce Companies

  • Government Entities

 

Tax Payer/ Taxable person details shown in the Registration menu. Click here

Types and Due Dates of GST Returns

This information shows the details of all GST return forms & details of returns which are required to be filed under the GST Law, All GSTR should be filed electronically only.

Types of GST Returns

  • Statement of self-assessed tax by composition dealers – same as the erstwhile form GSTR-4, which is now made an annual return with effect from FY 2019-2020 onwards.

  • The 37th GST Council meeting took the decision to make GSTR-9 filing optional for businesses with turnover up to Rs.2 crore in FY 17-18 and FY 18-19.

  • GSTR-9A filing for Composition taxpayers has been waived off for FY 2017-18 and FY 2018-19 as per the decision taken in the 27th GST Council meeting.

  • GSTR-9C is to be filed for every GSTIN, hence one PAN have multiple GSTIN, can have multiple GSTR-9C forms being filed.

 

Due Dates for Filing of Return in GST

  • Subject to changes by Notifications/ Orders..

  • GSTR-4 is now made an annual return with effect from FY 2019-2020 onwards.

  • GSTR-3B filing date is now as segregate manner for the month of Jan, Feb and March 2020, declared in notification no. 07/2020-Central Tax ,dt. 03-02-2020:

    • INR 5 Crore or More Annual T.O. in the Previous Year - 20th of next month- for All States/Uts.

    • Less Than INR 5 Crore Annual T.O. in the Previous Year- 

      • 22nd of next month – Chhattisgarh, Madhya Pradesh, Maharashtra, Gujarat, Daman and Diu, Dadra & Nagar Haveli, Karnataka, Goa, Lakshadweep, Kerala, Tamil Nadu, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh​

      • 24th of next month – Jammu and Kashmir, Laddakh, Arunachal Pradesh, Punjab, Himachal Pradesh, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha.

Different Forms Under GST

Apart from the above GST Return the various forms introduced in GST Act/ Law. The form naming system under GST is impressive and in such a simple manner that understanding the nature of form becomes easy. Such as for Registration form GST REG-01; for return GSTR-01; for composition levy GST CMP-01 etc. All the GST forms should be filed electronically only. Here we listed the different forms to be used under GST:

  • Forms for Registration under GST - Click Here

  • Forms for different returns under GST - Click Here

  • Forms applicable to composition taxpayer under GST

     

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Forms applicable to Tax Payment under GST

  • Forms applicable to Input Tax Credit (ITC) under GST

  • Forms applicable to Tax Refund under GST

Late Filing of GST Returns

Return filing is mandatory under GST. Even if there is no transaction, you must file a Nil return.

  • You cannot file a return if you do not file previous month/quarter’s return.

  • Hence, late filing of GST returns will have a cascading effect leading to heavy fines and penalty.

  • The late filing fee of the GSTR-1 is populated in the liability ledger of GSTR-3B filed immediately after such delay.

Interest/Late fee to be Paid

  • Interest  is applicable on Late Payment of GST Due. Interest has to be paid by every taxpayer who:

    • Makes a delayed GST payment i.e. pays GST after the due date.​

    • Claims excess Input Tax Credit.

    • Reduces excess Output Tax Liability

  • Rate of interest are as follows:

    • For Tax paid after the due date, Interest applicable by @ 18% per annum.​

    • For excess ITC claimed or excess reduction in Output Tax, Interest rate @24% per annum should be levied.

  • Interest has to be calculated by the taxpayer on the amount of outstanding tax to be paid. It shall be calculated on the Net tax liability identified in the ledger at the time of payment. The time period will be from the next day of filing due date till the actual date of payment.

  • Late Fee applicable for GST return late filing, Late fee applicable as per GST Act is mentioned herewith:

    • All returns except Annual Returns:

      • As per GST Act, for intra-state supplies, Late fee* is Rs. 200/-** per day per return. It is Rs. 100/- under CGST & Rs. 100/- under SGST.​

      • As per the IGST Act, for inter-state supplies, the late fee* is approximately equal to the sum of fees prescribed under both CGST and SGST Act. Hence late fee is Rs. 200/-** per day.

      • The law has fixed a maximum late fee of Rs 10,000 (Rs. 5,000/- for SGST & Rs. 5,000/- for CGST). This means that in any case, the maximum late fees that can be charged by the Government is Rs 10,000 each return being filed under the Act.
        Note:

        • Late fee subject to change via CBEC notifications (for some form reduced or waived).

        • CBIC has notified a reduced amount of late fees for a delay in filing some GST returns (Form GSTR 3B) for a temporary period as a relief measure for businesses having difficulties using the GST portal. It is as follows:

      • Late fee to be paid by Rs. 50/- per day per return. It is Rs. 25/- under CGST & Rs. 25/- under SGST. There is no amount charged under IGST.

      • For NIL Return (where there are no outward supplies in any month/ quarter), Late fee to be paid by Rs. 20/- per day per return. It is Rs. 10/- under CGST & Rs. 10/- under SGST. There is no amount charged under IGST. A return in which there is no sale but purchase is also covered under NIL Return.

      • Maximum late fee amount remains the same.

    • Annual returns:

      • As per GST Act Late fee is Rs. 200/- per day per Act. So it is 100 under CGST & 100 under SGST. The maximum late fee can be charged by the govt. of 0.50% of Turnover (0.25% for SGST & 0.25% for CGST). There is no late fee on IGST.

 

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