Returns in GST
(Goods & Services Tax)
The basic features of the return mechanism in GST includes Following table lists the various types of returns under GST Law.
electronic filing of returns, uploading of invoice level information, Return Description Who Files? Standard Date
auto-population of information relating to input tax credit from for filing
returns of supplier to that of recipient, invoice level information
matching and auto-reversal of input tax credit in case of mismatch. GSTR-1* Statement of Outward Normal Registered 10th of the next
The returns mechanism is designed to assist the taxpayer to file supplies of Goods or Person month
Services
returns and avail ITC.
GSTR-2* Statement of Inward Normal Registered 15th of the next
supplies of Goods or person month
Under GST, a regular taxpayer needs to furnish monthly returns services
and one annual return. There are separate returns for a taxpayer
GSTR-3* Return for a normal Normal Registered 20th of the next
registered under the composition scheme, non-resident taxpayer, taxpayer Person month
taxpayer registered as an Input Service Distributor, a person liable
GSTR-3B Simple Monthly Return Normal Registered 20th of the next
to deduct or collect the tax (TDS/TCS), a person granted Unique for the period Jul 2017 to Person month
Identification Number. It is important to note that a taxpayer is March 2018
NOT required to file all the types of returns. In fact, taxpayers GSTR-4 Quarterly Return Taxable Person 18th of the month
are required to file returns depending on the activities they opting for succeeding the
undertake. The GST Council has however recommended to ease Composition Levy quarter
the compliance requirements for small tax payers by allowing GSTR-5 Monthly return for a non- Non-resident 20th of the month
taxpayers with annual aggregate turnover up to Rs. 1.5 Crore to resident taxpayer taxpayer succeeding tax
period & within 7
file details of outward supplies in FORM GSTR-1 on a quarterly days after expiry of
basis and on monthly basis by taxpayers with annual aggregate registration
turnover greater than Rs. 1.5 Crore. Further, GST Council has GSTR-5A Monthly return for a Supplier of OIDAR 20th of the next
recommended to postpone the date of filing of Forms GSTR-2 person supplying OIDAR Services month
and GSTR-3 for all normal tax payers, irrespective of turnover, till services from a place
further announcements are made in this regard. outside India to a non-
taxable online recipient
GSTR-6 Monthly return for an Input Service 13th of the next
All the returns are to be filed online. Returns can be filed using any
Input Service Distributor Distributor month
of the following methods: (ISD)
1. GSTN portal (www.gst.gov.in )
GSTR-7 Monthly return for Tax Deductor 10th of the next
2. Offline utilities provided by GSTN authorities deducting tax month
3. GST Suvidha Providers (GSPs). If a tax payer is already using at source
the services of an ERP providers such as Tally, SAP, Oracle GSTR-8 Monthly statement for E-Commerce 10th of the next
etc, there is a high likelihood that these ERP providers would E-Commerce Operator Operator month
provide inbuilt solutions in the existing ERP systems. depicting supplies
effecting through it.
GSTR-9 Annual Return Registered Person 31st December of
other than an ISD, next Financial Year
TDS/TCS Taxpayer,
casual taxable person
and Non-resident
GST taxpayer.
ns
Retur GSTR- Simplified Annual Return Taxable Person 31st December of
9A under Composition opting for next Financial Year
Scheme Composition Levy
GSTR-10 Final Return Taxable person Within three
whose registration months of the date
has been of cancellation
surrendered or or date of order
cancelled. of cancellation,
whichever is later.
Directorate General of Taxpayer Services
CENTRAL BOARD OF EXCISE & CUSTOMS
www.cbec.gov.in
Returns in GST
(Goods & Services Tax)
Return Description Who Files? Standard Date
Note: Due dates have not been notified for GSTR-2 and GSTR-3 for any of the
for filing months. That is, a taxpayer need not file GSTR-2 and GSTR-3 for any of the
months from July 2017 until a notification is issued in this regard mentioning
the due dates. Till such time, Form GSTR-3B is required to be filed by tax payers
GSTR-11 Details of inward supplies Taxable Person 31st December of
to be furnished by a opting for next Financial Year
instead of Form GSTR-3.
person having UIN Composition Levy
Revision of Returns:
* Registered persons having aggregate turnover of up to 1.5 Crore The mechanism of filing of revised returns for any correction of errors/
rupees in the preceding financial year or the current financial year omissions has been done away with. The rectification of errors/omissions is
shall furnish GSTR-1on a quarterly basis. Other Registered persons allowed in the return for subsequent month(s). However, no rectification is
having aggregate turnover of more than 1.5 Crore rupees shall furnish allowed after furnishing of the return for the month of September following
these returns on a monthly basis. Filing of GSTR-2 and GSTR-3 has the end of the financial year to which such details pertain, or furnishing of the
been postponed till a further announcement in this regard is made. relevant annual return, whichever is earlier.
Interest on Late GST Payment
Calendar for Return filing
The due dates for filing various GST returns may vary from the Standard dates
An interest of 18 percent is levied on the late payment of taxes under the GST
mentioned in the table above. Various notifications are issued from time to
regime. The interest would be levied for the days for which tax was not paid
time in this regard and as per the notifications issued till 29/12/2017.
after the due date.
Return Category of Taxpayer Time Period Due Date
Penalty for non-filing of GST Returns
GSTR-3B All taxpayers to file along Every month till 20th of the In case a taxpayer does not file his/her return within the due dates, he/she shall
with payment of tax March 2018 succeeding have to pay a late fee of Rs. 200/- i.e. Rs.100/- for CGST and Rs.100/- for SGST
month per day (up to a maximum of Rs. 5,000/-) from the due date to the date when
Taxpayers with annual July-Sep 2017 10th Jan 2018 the returns are actually filed.
aggregate turnover up
Oct-Dec 2017 15th Feb 2018
to Rs 1.5 Crore to file on Note: In case of GSTR-3B,
Quarterly basis Jan-Mar 2018 30th April 2018 • For the months July to September, 2017, the late fee payable for failure to
furnish the return has been waived completely.
Taxpayers with annual July-Oct 2017 10th Jan 2018
aggregate turnover of
GSTR-1 Nov 2017 10th Jan 2018 • From the month of October 2017 onwards, the GST Council has
more than Rs 1.5 Crore to
Dec 2017 10th Feb 2018 recommended that the amount of late fee payable by a taxpayer whose tax
file on Monthly basis
liability for that month is ‘NIL’ is Rs. 20/- per day (Rs. 10/- per day each under
Jan 2018 10th Mar 2018 CGST & SGST Acts). However, if the tax liability for that month is not ‘NIL’,
Feb 2018 10th April 2018 the amount of late fee is Rs 50/- per day (Rs. 25/- per day each under CGST &
SGST Acts)
Mar 2018 10th May 2018
GSTR-4 Taxpayers who have Jul-Sep 2017 24th Dec 2017
opted for Composition Supplier-1 Supplier-2 Supplier-3 Supplier-4
GSTR1 GSTR1 GSTR1 GSTR1
scheme to file every
quarter
GSTR-5 Non Resident Taxable Jul-Dec 2017 31st Jan 2018
Person to file every Taxpayer Taxpayer
month
GSTR-5A Taxpayers supplying Jul-Dec 2017 31st Jan 2018
OIDAR services from a
place outside India to
a non-taxable online Taxpayer
recipient GSTR3
GSTR-6 Input Service Distributor Jul 2017 31st Dec 2017 Cash to be paid
=
Tax Liability - ITC Available
Prepared by: National Academy of Customs, Indirect Taxes & Narcotics
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Returns in GST
(Goods & Services Tax)
An overview of GSTR-1, GSTR-2 and GSTR-3
4. In case the details match, then the ITC claimed by the recipient in his
The population of these returns is explained by the following graphic: valid returns shall be considered as finally accepted and such acceptance
shall be communicated to the recipient. Failure to file valid return by the
NOTE: supplier may lead to denial of ITC in the hands of the recipient.
1. Taxpayer’s GSTR2 is auto-populated from the Suppliers’ GSTR-1s
5. In case the ITC claimed by the recipient is in excess of the tax declared by
2. Taxpayer’s GSTR3 is significantly auto-populated from his/her’s GSTR1 and the supplier or where the details of outward supply are not declared by
GSTR2 the supplier in his valid returns, the discrepancy shall be communicated to
both the supplier and the recipient. Similarly, in case, there is duplication
of claim of ITC, the same shall be communicated to the recipient.
Return Filing Milestones
6. The recipient will be asked to rectify the discrepancy of excess claim of ITC
1. Taxpayer’s GSTR2 is auto-populated from the Suppliers’ GSTR-1s
and in case the Supplier has not rectified the discrepancy communicated
in his valid returns for the month in which discrepancy is communicated
2. Taxpayer’s GSTR3 is significantly auto-populated from his/her’s GSTR1 and
then such excess ITC as claimed by the recipient shall be added to the
GSTR2
output tax liability of the recipient in the succeeding month.
• File via GSTN/ Easy upload tools provided by GSTN/ GSPs 7. Similarly, duplication of ITC claimed by the recipient shall be added to the
• Periodical Uploading Allowed. output tax liability of the recipient in the month in which such duplication
GSTR1 • Filed By 10th is communicated.
• Frozen after 10th
8. The recipient shall be liable to pay interest on the excess or duplicate ITC
added back to the output tax liability of the recipient from the date of
availing of ITC till the corresponding additions are made in their returns.
• Auto-populated from GSTR1s filed by a Tax Payer’s Suppliers.
GSTR2 • Changes allowed between 10th and 15th. 9. Re-claim of ITC refers to taking back the ITC reversed in the Electronic
• Filed By 15th. Credit Ledger of the recipient by way of reducing the output tax liability.
Such re-claim can be made by the recipient only in case the supplier
declares the details of invoice and/or Debit Notes in his valid return within
• Occurs Between 15th and 17th. Tax Payer can add additional the prescribed timeframe. In such case, the interest paid by the recipient
Re
invoices. shall be refunded to him by way of crediting the amount to his Electronic
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Cash Ledger.
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• Supplier has the option to accept/reject additional invoices.
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Supplier’s GSTR1 gets amended to that effect.
tio
Note: It may be noted that the return process is being examined by a
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Committee of officers and has not been finalised so far.
• Auto-populated from GSTR1 and GSTR2
GSTR3 • Filed by 20th.
• Payment can be made anytime before or on 20th.
ITC Matching and Auto-Reversal:
1. It is a mechanism to prevent revenue leakage and to facilitate availment of
eligible and rightful ITC by taxpayers .
2. The process of ITC Matching begins after the due date for filing of the return
(20th). This is carried out by GSTN.
3. The details of every inward supply furnished by the taxable person (i.e. the
“recipient” of goods and/or services) in form GSTR-2 shall be matched with
the corresponding details of outward supply furnished by the corresponding
taxable person (i.e. the “supplier” of goods and / or services) in his valid return.
A return may be considered to be a valid return only when the appropriate GST
has been paid in full by the taxable person as shown in such return for a given
tax period.
Prepared by: National Academy of Customs, Indirect Taxes & Narcotics
Follow us on:
@CBEC_India
cbecindia
@askGST_GoI
