GST

Types of GST Returns and Their Due Dates

23 Oct, 2020

GST return is a document containing all details of your sales, purchases, tax collected and paid. GST Return can be filed on monthly or quarterly or annually depending on different factors. In this article we will look at the types of GST returns and their due dates.

Types of Taxpayers

In order to determine which GST return is to be filed by a taxpayer first; we have to figure out the types of taxpayers^[1]. The nature of the taxpayer will determine what returns are to be filed by them.

A taxpayer can be:

Normal Taxpayer
Taxpayer registered under Composition Scheme
A non-resident foreign taxable person
Input Service Distributor
Tax deducting authorities
E-commerce Operator
Unique Identity Number Holder

Types of GST Returns and Their Due Dates

GST returns have been made easy for taxpayers. GST compliance is important for every business. On-time filing of GST return will determine compliance rating and will help in getting timely refunds.

Every taxpayer whether you are registered as a regular taxpayer or registered under composition scheme or registered as input service distributor or registered as a causal taxpayer or registered as a non-resident or registered as E-commerce aggregator will have to file GST returns on time. Under GST law, the Normal taxpayer has to file three returns in a month. GSTR-1 for Sale, GSTR-2 for Purchase and GSTR-3 as combined details of Sale, purchase and debit credit notes. There is separate GST Return form for each type of taxpayer.

In the table below, we have discussed all types of GST returns, the applicability of GST Returns and the deadline for submission of GST return.

READ Migration Provisions under GST for Central Excise and Service Tax Assesses

Return form	Particulars	Applicable on	Deadline
GSTR-1	Statement of outward supplies of taxable goods and/or services effected	Registered Taxable Supplier	11^th of the Following month with effect from Oct 2018 till September 2020.
GSTR-2*	Statement of inward supplies of taxable goods and/or services affected claiming input tax credit of previous month.	Registered Taxable Recipient	15^th of Following month
GSTR-3*	Monthly Combined return on the basis of finalization of a statement of outward supplies and inward supplies along with the payment of an amount of tax.	Registered Taxable Person	20^th of Following month
GSTR-4	Return for a taxpayer under Composition scheme.	Composition Supplier	30th of the month succeeding financial year
GSTR-5	Return for Non-Resident foreign taxable person	Non-Resident Taxable Person	20th of following month
GSTR-6	Return for Input Service Distributor	Input Service Distributor	13th of the following month
GSTR-7	Return for authorities deducting tax at source.	Tax Deductor	10th of the following month
GSTR-8	Statement of supplies effected through e-commerce Marketplace supply and the amount of tax collected	E-commerce Aggregator or E-commerce marketplace taxpayer	10th of the following month
GSTR-9	Annual Return for a normal taxpayer	Registered Taxable Person	31st December of next financial year
GSTR-10	Final Return	A Taxable person whose registration has been surrendered or cancelled.	Within 90 days of the date of cancellation or date of cancellation order, whichever is later.
GSTR-11	Statement of inward supplies to be furnished by a person having UIN	Person having UIN and claiming refund	28th of the following the month for which statement is filed
GSTR-3B	GST liabilities for applicable tax period	Normal Taxpayers	20^th of the succeeding month for taxpayers with 5 crore or more aggregate turnover
GSTR-9A	Details of outward supplies, inward supply, tax paid, refund claimed etc.	Taxpayers registered under composition scheme	31^st December of next financial year
GSTR-9C	Certified Reconciliation statement	All Taxpayers having 2 crore or more turnover	31^st December of next financial year

*GSTR-2 and GSTR-3 have been suspended from Sep 2017 onwards.

READ Important Changes in GST as per the Union Budget 2023

Late filing of various types of GST Returns

Return filing is very essential. Late filing of return will have a cascading effect thereby leading to heavy fines and penalties. According to the GST Act, late fee amounts to 100 rupees per day and per Act. The maximum is 5000 rupees.

Conclusion

All the business entities are required to do GST Registration and file their applicable types of GST returns online or offline. In case of any query related to the same, contact Enterslice.

Read our article: CBDT Clarifies Issues Related to Challenges Regarding Implementation of Provisions of GST Laws Faced by Registered Persons

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