Writing

GST Return Filing

Easily file your GST return monthly, quarterly and yearly with

SS Auditors & Tax Consultants.

  • Submit the query form for GST return filing

  • Get a call from our experts

  • Provide relevant Information & necessary documents

  • Provide relevant Information & necessary documents

  • Congratulations you're done now.

What is GST Return filing?

It is mandatory for every registered entity to file GST return under the GST act. Return filing period depends on the type of GST Registration as well as transactions performed by the taxpayer. Regular taxpayers, tax deductors, input service distributors, foreign non-residents needs to file monthly tax returns whereas taxpayers availing composition scheme needs to file quarterly returns to the GST department. You can easily file your return on GST online portal. Don’t miss the GST return date otherwise you have to pay fines & penalties. Tax department allows you to make online GST payment by offering different payment modes by which you can easily pay GST to the tax department. GST filing is a new concept and must be handled with utmost care.

Who Should File GST Returns?

GST return filing must be done twice in a month and once annually. Every tax payer registered under GST act needs to file GST return to the tax department. There are various GST return forms which are used at the time of filing GST return. There are total 26 returns which you need to file in a year. GST filing dates are provided by the tax department which may get modified or extended sometimes. You can easily pay GST online with the payment modes available on the GST portal.

Types of GST Returns

There are many types of GST returns filed by the taxpayers in a year. Each GST return form has a particular due date before which we have to file GST return to the tax department. It is necessary for a taxpayer to go for GST return filing before the due date. List of all returns to be filed as specified by the GST law along with the due dates are mentioned below –

There are many types of GST returns filed by the taxpayers in a year. Each GST return form has a particular due date before which we have to file GST return to the tax department. It is necessary for a taxpayer to go for GST return filing before the due date. List of all returns to be filed as specified by the GST law along with the due dates are mentioned below –

There are many types of GST returns filed by the taxpayers in a year. Each GST return form has a particular due date before which we have to file GST return to the tax department. It is necessary for a taxpayer to go for GST return filing before the due date. List of all returns to be filed as specified by the GST law along with the due dates are mentioned below –

GST Return Forms for Regular Business

GSTR-1

GSTR-1 is a monthly or quarterly return filed by every registered dealer in order to show the details of their outward supplies i.e. sales. There are total 13 sections in GSTR-1

GSTR-2

GSTR-2 is a monthly or quarterly return filed by every registered dealer in order to show the details of their inward supplies. There are total 13 sections in GSTR-2

GSTR-3

GSTR-3 is a return filed by taxpayer’s monthly containing the summarized details of all sales & purchases along with the amount of GST liability. It is a detailed summary of all sales (GSTR-1) & purchases (GSTR-2).

GSTR-9

GSTR-9 is a return form filed annually by the taxpayers registered under GST. GSTR-9 is basically a consolidated report of monthly/quarterly returns (GSTR-1, GSTR-2, GSTR-3B) filed by the taxpayer at the end of the year. It is also applicable on those taxpayers who are registered under the composition scheme. It shows the details of outward/inward supplies made in the previous year under CGST, SGST, IGST & HSN codes

GSTR-9 is a return form filed annually by the taxpayers registered under GST. GSTR-9 is basically a consolidated report of monthly/quarterly returns (GSTR-1, GSTR-2, GSTR-3B) filed by the taxpayer at the end of the year. It is also applicable on those taxpayers who are registered under the composition scheme. It shows the details of outward/inward supplies made in the previous year under CGST, SGST, IGST & HSN codes

GSTR-3B

It is a self-declaration filed by the registered dealer from July 2019 till March 2020. The following important points are as follows –

 

1. Taxpayer’s must file separate GSTR-3B for each GSTIN.

2. Tax liability amount of GSTR-3B must be paid by the taxpayer before the last          date of filing GSTR-3B.

3. It cannot be revised.

A dealer using a composition scheme enjoy many benefits such as less returns, few compliances, payment of tax at nominal rates etc. A dealer using composition scheme has to file only 2 GST returns –

GST Return Filing Using Composition Scheme

GSTR-4

GSTR-4 is a quarterly return form filed by those tax payers who has decided to go for GST composition scheme in the new indirect tax regime. As per this scheme, a taxpayer needed to file only one return every quarter whereas a general taxpayer will be needed to file 3 returns in a month.

GSTR-9A

GSTR-9A Is a return filed annually by those taxpayers who opted for composition scheme under GST. It includes all quarterly returns filed by the composition taxpayers during the financial year.

GST Return Filed By Certain Specific Registered Dealers

GSTR-5

GSTR-5 is a return form filed by non-resident foreign taxpayers for the business transactions carried out by them in India for a particular period. Non-residents foreign taxpayers are the taxpayers who do not have any business establishment in India but they travelled to make supplies in India. GSTR-5 return can be filed via online or from a tax facilitation Centre.