GST Returns: Due Dates & Types of Returns
GST Returns:
A document containing information about taxpayers total annual income , which is then submitted to Indian Tax Authorities to calculate tax liablity. If a taxpayer is registered under GST, then GST Return filed should contain:
- Purchases
- Sales
- Output GST
- Input Tax Credit
To file GST returns to Tax Authorities, GST compliant sales and purchase invoices are required. You can generate it using GenAcc GST Accounting Software
Who should file GST Returns?
Any business under GST has to file 2 monthly returns and one annual return. Total making to file :26 returns in one year. One has to manually enter details of one monthly return – GSTR-1. The other return GSTR 3B will get auto-populated by deriving information from GSTR-1 filed by you and your vendors.There are separate returns required to be filed by special cases such as Composition Dealers.
Different types of GST Returns?
| Return Form | Particulars | Frequency |
|---|---|---|
| GSTR-1 | Outward supplies of Taxable Goods | Monthly |
| GSTR-2 (Suspended) | Inward supplies of Taxable Goods/ Services affected after claiming the input tax credit | Monthly |
| GSTR-3 (Suspended) | Monthly return on basis of finalization of details of outward and inward supplies along with tax | Monthly |
| GSTR-3B | Outward supplies with Input Tax Credit is declared and payment of tax by taxpayer | Monthly |
| GSTR-4 | Return of Tax under Composition Scheme | Quarterly |
| GSTR-5 | Return for a Non-Resident foreign taxable person | Monthly |
| GSTR-6 | Return for a Input Service Distributor | Monthly |
| GSTR-7 | Return for authorities deducting tax at source. | Monthly |
| GSTR-8 | Details of supplies effected through E-Commerce operator and the amount of tax collected | Monthly |
| GSTR-9 | Annual Return for a Normal Taxpayer | Annually |
| GSTR-9A | Annual Return a taxpayer registered under the composition levy anytime during the year | Annually |
| GSTR-10 | Final Return | Once, when GST Registration is cancelled or surrendered |
| GSTR-11 | Details of inward supplies to be furnished by a person having UIN and claiming a refund | Monthly |
Important Due Date for February 2020
| GST Returns | Filing Period | Due Dates in February 2020 |
|---|---|---|
| GSTR-7 | Monthly | 10th February 2020 |
| GSTR-8 | Monthly | 10th February 2020 |
| GSTR-1 (T.O > 1.5 Crore) | Monthly | 11th February 2020 |
| GSTR-6 | Monthly | 13th February 2020 |
| GSTR-3B | Monthly | Annual T.O in previous year > 5 Crores – 20th Feruary 2020 for All States/ Union Territories. Annual T.O in previous year < 5 Crores:22nd February 2020 : Chattisgarh, 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 February 2020 – 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 |
| GSTR-5 | Monthly | 20th February 2020 |
| GSTR-5A | Monthly | 20th February 2020 |
| GSTR-9 ( T.O > 2 Crores) | Annually (FY 2017-18) | Due to inconvenience being faced by Taxpayer filing of GSTR- 9 have been extended as under :
Group A 5th February 2020 :Â Chandigarh, Delhi, Gujarat, Haryana, Jammu and Kashmir, Ladakh, Punjab, Rajasthan, Tamil Nadu, Uttarakhand. Group A 7th February 2020 : Andaman and Nicobar Islands, Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu, Goa, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Lakshadweep, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Puducherry, Sikkim, Telangana, Tripura, Uttar Pradesh (Corrigendum), West Bengal, Other Territory |
| GSTR-9C (T.O > 2 Crores) | Annually (FY 2017-18) | Due to inconvenience being faced by Taxpayer filing of GSTR- 9C have been extended as under :
Group A 5th February 2020 :Â Chandigarh, Delhi, Gujarat, Haryana, Jammu and Kashmir, Ladakh, Punjab, Rajasthan, Tamil Nadu, Uttarakhand. Group A 7th February 2020 : Andaman and Nicobar Islands, Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu, Goa, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Lakshadweep, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Puducherry, Sikkim, Telangana, Tripura, Uttar Pradesh (Corrigendum), West Bengal, Other Territory |
