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Depending on the type of business, all GST-registered businesses are required to file monthly, quarterly, and yearly GST returns. On the GST portal, these GSTR filings are made online.

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    Goods & Services Tax Return – Meaning, Eligibility, Due Dates & Types of GST Returns

    Depending on the type of business, all GST-registered businesses are required to file monthly, quarterly, and yearly GST returns. On the GST portal, these GSTR filings are made online.

    Define the GST Return

    1. Purchases
    2. Sales
    3. Output GST (On sales)
    4. Input tax credit (GST paid on purchases)

    Check out the Clear GST software, which enables the import of data from several ERP systems like Tally, Busy, and custom Excel, to name a few, to file GST returns or for GST filings. Users of Tally have the choice to directly submit data and files via the desktop client as well.

    A GST-registered taxpayer (each GSTIN) is required to submit a document to the tax administration authorities called a GST return. That contains information about all of their income, sales, and/or costs, as well as their purchases. Tax authorities use this to determine net tax liability.
    A registered merchant is required to submit GST returns under the GST that generally include:

    Eligibility to file GST Returns:

    Regular businesses with annual aggregate revenue of more than Rs. 5 crores (as well as taxpayers who did not choose the QRMP plan) are required to file two monthly returns and one yearly return under the GST system. Each year, this results in 25 returns.

    The QRMP plan allows taxpayers with revenue of up to Rs. 5 crores to file returns. Each year, QRMP filers must submit nine GSTR files, which include four GSTR-1 and three GSTR-3B forms as well as an annual return. It should be noted that even if QRMP filers submit their returns every quarter, they must pay tax every month.

    Additionally, different statements and returns must be filed in some circumstances, such as in the case of composition dealers, who must submit five GSTR files annually (4 statement-cum-challans in CMP-08 and 1 annual return GSTR-4).

    Documents Required for GST Return Filing

    The Following Documents Are Necessary To File A GSTR Return:

    • List of Invoices (B2B Services, B2C Services)
    • Customer GSTIN
    • Type of Invoice
    • Invoice Number
    • Place of Supply
    • GST Rate
    • Taxable Value
    • Amount of CGST, SGST, IGST and GST Cess applicable.
    • Consolidated intra-state and inter-state sales.
    • HSN-wise summary details.
    • Summary of requisite documents, i.e. Debit and Credit note

    Simple GST return online filing process

    Your GST Returns can be downloaded through the official GST Portal. You can download your GST Returns by following the instructions below:

    1. Step 1: Visit https://www.gst.gov.in/ and log in with your credentials using the online GST interface.
    2. Step 2: From the top menu, select the “Services” tab.
    3. Step 3: Select the “Returns” option and then click “Returns Dashboard.”
    4. Step 4: On the following page, choose the financial year and the time for submitting returns from the corresponding drop-down menus.
    5. Step 5: Select the GSTR you want to download by clicking the ‘Search’ button.
    6. Step 6: Click “Prepare online” after selecting the type of return you want to complete, such as GST1, GST2, GST3, GST9A, etc. Click “Save” after entering the necessary information, including the invoice amount and, if applicable, the late payment penalties.
    7. Step 7: An on-screen success notification shows as you “save” the necessary data. In order to submit the GST return, tap “Submit.”
    8. Step 8: The status of your GST return shifts to “Submitted” upon successful data submission.
    9. Step 9: Make payment and wait for GST Return successfully process.

    Different types of GST returns

    Here is a table to understand who should file GST Return and by when needs it be filed:

    Return form Who should file the return and what should be filed? Frequency Due date for filing
    GSTR-1
    Registered taxable supplier should file details of outward supplies of taxable goods and services as affected.
    Monthly
    11th of the subsequent month.
    GSTR-2
    Registered taxable recipient should file details of inward supplies of taxable goods and services claiming input tax credit.
    Monthly
    15th of the subsequent month.
    GSTR-3
    Registered taxable person should file monthly return on the basis of finalization of details of outward supplies and inward supplies plus the payment of amount of tax.
    Monthly
    20th of the subsequent month.
    GSTR-4
    Composition supplier should file quarterly return.
    Quarterly
    18th of the month succeeding quarter.
    GSTR-5
    Return for non-resident taxable person.
    Monthly
    20th of the subsequent month.
    GSTR-6
    Return for input service distributor.
    Monthly
    13th of the subsequent month.
    GSTR-7
    Return for authorities carrying out tax deduction at source.
    Monthly
    10th of the subsequent month.
    GSTR-8
    E-commerce operator or tax collector should file details of supplies effected and the amount of tax collected.
    Monthly
    10th of the subsequent month.
    GSTR-9
    Registered taxable person should file annual return.
    Annual
    31 December of the next fiscal year.
    GSTR-10
    Taxable person whose registration has been cancelled or surrendered should file final return.
    Once, after the registration of GST is cancelled
    Within 3 months of date of cancellation or date of cancellation order, whichever is later.
    GSTR-11
    Person having UIN claiming refund should file details of inward supplies.
    Monthly
    28th of the month, following the month for which the statement was filed.

    GST Return Filing Due Dates Calendar for September 2022

    The government regularly publishes the deadlines for completing GST returns to keep taxation following the appropriate clearing. Additionally, the principal goal of warning taxpayers about the deadlines for filing their GST returns is to get them to disregard any penalties or interest. To help all registered taxpayers under the indirect tax system understand when to file their GST returns on time, we have provided a calendar of the GST due dates for September 2022.

    The demand for receiving regular updates and notifications based on the GST due dates calendar is increased given that GSTR 1 and GSTR 3B must be reported each month in order to avoid interest and penalties. There is also a GST CMP 08 for composition scheme sellers, however it must be filed every three months rather than every six, which reduces the requirement for frequent revisions to the GST due date filing calendar.

    GST Return Form Name Filing Period Due Date in September 2022
    GSTR 07
    Monthly (August 2022)
    10th September
    GSTR 08
    Monthly (August 2022)
    10th September
    GSTR 01 (T.O. more than 1.5 Crore)
    Monthly (August 2022)
    11th September
    GSTR 06
    Monthly (August 2022)
    13th September
    GSTR 3B
    Annual Turnover of more than INR 5cr in Previous FY – August 2022
    20th September
    GSTR 3B
    Annual Turnover of upto INR 5cr in Previous FY Monthly Filing – August 2022
    20th September
    GSTR 5
    Monthly (August 2022)
    20th September
    GSTR 5A
    Monthly (August 2022)
    20th September
    GSTR 9 & 9C
    FY 2021-22
    31st December 2022

    What is the penalty cost of filing GST returns after the deadline?

    There are interest and late fees that must be paid if the GST returns have not been paid. On the amount of unpaid taxes, interest will be imposed at a rate of 18% annually. Additionally, there is a daily late fee of Rs. 100 under the CGST and SGST, making a total of Rs. 200 each day. Our Kaushalya Consultancy experts will be available to you for advice on GST Return Filing and its compliance to ensure the efficient operation of your business in India. Professionals from Kaushalya Consultancy will help you plan everything efficiently and affordably, ensuring that the procedure is completed successfully

    Frequently Asked Questions

    A GST return is a summary of the financial transactions made by a taxable person within a certain time. A taxable person can use this to determine how much tax they owe for a particular time.

    GST return online filing process uses the GST portal that is www.gst.gov.in. If you find process difficult take assistance of experts CA or CS.

    Yes, the GSTR-8 return must be filed by all e-commerce companies that permit other suppliers to sell products or services through their portals. People who offer their products or services through their portal are exempt from filing this form.

    No of the company activity, sales, or profitability during the return filing period, all organizations with a turnover of more than two crores are required to file an annual GST return. Therefore, even an inactive entity that registers for GST is required to file GST returns.

    Yes, even if there was no business activity during the period, GSTR-1 must still be reported. The fact that there were no returns in the GST returns but must therefore is highlighted.

    Unless you have chosen the QRMP scheme, the GSTR-1 must be submitted on a monthly basis. Every single normally registered taxable person is required to file the GSTR-1. The input service distributor, composition taxpayer, and persons eligible to withhold tax are not required to file GSTR-1.

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