Returns Under GST, How to File GST Return, GST Return – All Formats
How to File GST Return, Every registered taxable person has to furnish outward supply details in Form GSTR-1 by the 10th of the subsequent month. Check Detailed Information for Returns Under GST, Returns Under Goods and Service Tax, GST Return. Download GST Return Formats, Draft Report on Returns under GST, GST is a self-assessed destination based taxation system. The submission and processing of return is an important link between the taxpayer and tax administration. This document lists out the salient aspects of the process related to filing of Returns under GST. Recently we provide complete details for Filing of GST Returns, Revision of return, Short Filing of Return Now you can scroll down below n check more details for Draft Report on Returns under GST, Oct 2015
Returns Under GST, Returns Under Goods and Service Tax
Who needs to file Return in GST regime ?
- Every registered dealer is required to file return for the prescribed tax period. A Return needs to be filed even if there is no business activity (i.e. Nil Return) during the said tax period of return;
- Government entities / PSUs , etc. not dealing in GST supplies or persons exclusively dealing in exempted / Nil rated / non –GST goods or services would neither be required to obtain registration nor required to file returns under the GST law.
- However, State tax authorities may assign Departmental ID to such government departments / PSUs / other persons and will ask the suppliers to quote this ID in the supply invoices for all inter-State purchases being made to them.
Salient Features of GST Returns
- Filing of returns would only be through online mode. Facility of offline generation and preparation of returns will also be available. The returns prepared in the offline mode will have to be uploaded.
- There will be a common e-return for CGST, SGST, IGST and Additional Tax.
- A registered Tax Payer shall file GST Return at GST Common Portal either by himself or through his authorised representative;
- There would be no revision of Returns. Changes to be done in subsequent Returns
Types of GST Returns
Eight different types of Returns are prescribed viz. GSTR 1 to GSTR 11; Types of taxpayers for every return and the periodicity of return for different categories of taxpayers is as follows..
| Return | For | Due Date |
| GSTR 1 | Outward supplies made by taxpayer (other than compounding taxpayer and ISD) | 10th of the next month |
| GSTR-1A | Details of outward supplies as added, corrected or deleted by the recipient | |
| GSTR 2 | Inward supplies received by a taxpayer (other than a compounding taxpayer and ISD) | 15th of the next month |
| GSTR-2A | Details of inward supplies made available to the recipient on the basis of FORM GSTR-1 furnished by the supplier | |
| GSTR 3 | Monthly return (other than compounding taxpayer and ISD) | 20th of the 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 Taxpayer | 18th of the month next to 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 | |
| GSTR 5 | Periodic return by Non-Resident Foreign Taxpayer | Last day of registration |
| GSTR 6 | Return for Input Service Distributor (ISD) | 15th of the 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 | |
| GSTR 7 | Return for Tax Deducted at Source | 10th of the next month |
| GSTR-7A | TDS Certificate | |
| GSTR 8 | Statement for E-Commerce Operators | —- |
| GSTR 9 | GST Annual Return | By 31st December of next FY |
| GSTR 9A | Simplified Annual return by Compounding taxable persons registered under section 8 | |
| GSTR 10 | GST Final Return | |
| GSTR 11 | GST Inward Supplies Statement for UIN | |
| TRP-1 | Application for enrolment as Tax return preparer | |
| TRP-2 | Enrolment certificate as Tax return preparer | |
| TRP-3 | Show cause to as Tax return preparer | |
| TRP-4 | Order of cancelling enrolment as Tax return preparer | |
| TRP-5 | List of Tax return preparers | |
| TRP-6 | Consent of taxable person to Tax return preparer | |
| ITC-1A | GST ITC Mismatch Report |
GST Return Process, E-Filing of GST Returns
- How to File GSTR 1, GST Return Filing Process at GST Portal
- How to File GSTR 2, GST Return Filing Process at GST Portal
- How to File GSTR 3, GST Monthly Return Filing Process at GST Portal
Normal/ Regular Tax Payers
- Normal / Regular taxpayers (including casual taxpayers) would have to file
- GSTR-1 (details of outward supplies)
- GSTR-2 (details of inward supplies) and
- GSTR-3 (monthly Return) for each registration.
- GSTR-9 (Annual return)
- Normal / Regular taxpayers with multiple registrations (for business verticals) within a State would have to file GSTR-1, GSTR-2, GSTR-3 and GSTR-9 (Annual return) for each of the registrations separately.
- A separate reconciliation statement, duly certified by a Chartered Accountant, will have to be filed by those taxpayers who are required to get their accounts audited under section 44AB of Income Tax Act 1961
Compounding Tax Payers
Compounding taxpayers would have to file a quarterly return called GSTR-4. Taxpayers otherwise eligible for the compounding scheme can opt against the compounding and file monthly returns and thereby make their supplies eligible for ITC in hands of the purchasers. Compounding taxpayer will also file a simple Annual return (GSTR-9)
Casual/ Non – Resident Taxpayers
- Casual/ Non – Resident Taxpayers (other than foreigners) would have to file GSTR-1, GSTR-2 and GSTR-3 returns for the period for which they have obtained registration. The registration of Casual/Non –Resident taxpayers will be done in the same manner as that of Normal / Regular taxpayers.
- Non- Resident Taxpayers (foreigners) would be required to file GSTR-5 return for the period for which they have obtained registration within a period of seven days after the date of expiry of registration. In case registration period is for more than one month, monthly return(s) would be filed and thereafter return for remaining period would be filed within a period of seven days as stated earlier. For these taxpayers the registration format to be used will be the same as that for UN Bodies/Embassies
Anomalies/ difficulties/suggestions in regard to the draft report
- Here in the proposed system monthly return GSTR-1, GSTR-2 and GSTR-3are proposed which will be time and manpower consuming. Also proposed are three different datelines? One return by 10th, next by 15th, and final return by 20th. This will be extremely time consuming and will discourage people to get into Business.
- In the proposed GSTR-1 & GSTR-2 supplier need to mention the Invoice No, date and HSN/SAC. However, one invoice may have multiple goods of same or different HSN and invoice may have run into several pages. Further, one invoice may have goods as well as freight which is a service. In the circumstances how assessee will fill the multiple HSN/SAC code in a single line and if the system allows several lines for one invoice, return may run into several pages. In view of above, it appears that the system is extremely time consuming and will result in only mismatches and will make return filing as most difficult and there will be very difficult of doing Business.
- In the proposed GSTR -1 supplier need to mention the Transaction id (A number assigned by the system when tax was paid advance received) for adjustment of tax paid on advance received. However, adjustment of advance tax may have different invoices raised, as whole advance may not be applicable for one invoice. And filling same transaction id for different invoices in the same return or in subsequent return will result in mismatches and will make return filing as most difficult and there will be very difficult of doing Business.
- Thus it seems that the compliance burden may increase substantially on account of filing of monthly returns and submission of invoice level details for B2B and inter-state B2C supplies
- At present non payment of tax liability of seller imposes no liability on purchaser. In this proposal, purchaser is fully liable for the tax payment of seller. It appears that revenue wants to put entire burden of tax collection on purchasers. Tax collection from any supplier should be the responsibility of tax authorities. The present proposal is extremely faulty. Collection of Tax from any assesses is the responsibility of Tax Authorities.
- While it is proposed that the input tax credit balance will be auto- populated at the end of the tax period in the ITC ledger, the issue relating to treatment of credit balance during the transition will need to be addressed
- In proposed GST, Sales Tax Practioners (STP) who are present doing most of the compliance under the STATE VAT acts are not recognized to issue Annual Return GSTR-8 in respect of assesses covered by Tax Audit U/s 44AB of Income-Tax Act, even though the returns are proposed to be filed by STP/TRP.