GST Return Filing
Steps for filing GST return:
GST return can be filed in different forms depending upon the nature of transaction and registration.Return Forms that are applicable for Normal Tax payers and their due dates are:
- Monthly Details of outward supplies in FORM GSTR-1 by the 10th of next month.
- Monthly Details of inward supplies in FORM GSTR-2 by the 15th of next month.
- Monthly Filing of Return along with payment of tax due in FORM GSTR-3 by the 20th of next month.
- Annual Filing of Return in FORM GSTR-9 by 31st December of next financial year.
GST return filing process
Step 1- You file GSTR 1 for sales made. (Due date-10th of next month)
Step 2– Your buyer views the sales made by you in GSTR-2A
Step 3– Your buyer approves the sales made by you and files GSTR-2
Step 4– If the buyer modifies the sales marked by you, you can see that in GSTR-1A and approve on disapprove
Step 5– When buyer and seller approve, GSTR-3 is generated with payment of taxes (Due date-20th of next month)
Types of returns under GST
There are multiple returns under the GST regime. The most common used return will be GSTR 1, 2, 3, 4 & 9. GSTR 1, GSTR 2 & GSTR 3 will be submitted by all businesses on a monthly basis along with GSTR 9 on an annual basis. GSTR 4 is submitted by composition taxpayers on a quarterly basis.
| Return/Form | Details | Filer | Frequency | Monthly (Due date) |
| GSTR – 1 | Outward sales by Business | Registered Normal Taxpayer | Monthly | 10th of next month |
| GSTR – 2 | Purchases made by Business | Registered Normal Taxpayer | Monthly | 15th of next month |
| GSTR – 3 | GST Monthly return along with the payment of tax | Registered Normal Taxpayer | Monthly | 20th of next month |
| GSTR – 4 | GST Quarterly return for Composition Taxpayers | Composition Taxpayer | Quarterly | 18th of month next quarter |
| GSTR – 5 | Periodic GST return for Non-Resident Foreign Taxpayer | Non-Resident Foreign Taxpayer | Monthly | 20th of next month |
| GSTR – 6 | Return for Input Service Distributor (ISD) | Input Service Distributor | Monthly | 13th of next month |
| GSTR – 7 | GST Return for TDS | Tax Deductor | Monthly | 10th of next month |
| GSTR – 8 | GST Return for E-commerce Operator | E-commerce Operator (Tax Collector) | Monthly | 10th of next month |
| GSTR – 9 | GST Annual Return | Registered Normal Taxpayer | Annually | 31st Dec of next financial year |