Kaizen : GST Forms Series : Part 4 : GST Returns

Kaizen : GST Forms Series : Part 4 : GST Returns

The basic features of the returns mechanism in GST include electronic filing of returns, uploading of invoice level information and auto-population of information relating to Input Tax Credit (ITC) from returns of supplier to that of recipient, invoice-level information matching and autoreversal of Input Tax Credit in case of mismatch. The returns mechanism is designed to assist the taxpayer to file returns and avail ITC.

Under GST, a regular taxpayer needs to furnish monthly returns and one annual return. There are separate returns for a taxpayer registered under the composition scheme, nonresident taxpayer, taxpayer registered as an Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS) and a person granted Unique Identification Number. It is important to note that a taxpayer is NOT required to file all types of returns. In fact, taxpayers are required to file returns depending on the activities they undertake.

All the returns are to be filed online. Returns can be filed using any of the following methods:

1. GSTN portal (www.gst.gov.in )

2. Offline utilities provided by GSTN

3. GST Suvidha Providers (GSPs) 

Source : CBEC Docs

#GSTForms #GST

KAIZEN :  GST Forms : Series 4  : Returns
Form No.	Purpose	To File On/Due Date	Related Rule	Source (if auto-populated)	Remarks
GSTR-1	Details of outward supplies of goods or services	10th of Next Month	59(1)		Invoice wise detail for B2B (B2C if > Rs. 2.5 Lakh) and Consolidated for B2C (upto Rs. 2.5 Lakh). And Debit/Credit Notes Detail.
GSTR-1A	Details of auto drafted supplies		59(4)	GSTR-2 or GSTR-4 or GSTR-6	The details of inward supplies added, corrected or deleted by the recipient in his FORM GSTR-2/GSTR-4/GSTR-6 shall be made available to the supplier electronically in FORM GSTR-1A and such supplier may either accept or reject the modifications made by the recipient and FORM GSTR-1 furnished earlier by the supplier shall stand amended to the extent of modifications accepted by him.
GSTR-2	Details of inward supplies of goods or services	15th of Next Month	60(1)		Furnish the detail of inward supplies on the basis of Form GSTR-2A
GSTR-2A	Details of auto drafted supplies		60(1)	GSTR-1 or GSTR-5 or GSTR-6 or GSTR-7 or GSTR-8	The details of outward supplies furnished by the supplier shall be made available electronically to the concerned registered persons (recipients)
GSTR-3	Monthly return	20th of Next Month	61(1)		Part A of return based on GSTR-1 & GSTR-2, Payment detail in Part B.
GSTR-3A	Notice to return defaulter u/s 46 for not filing return		68
GSTR-3B	Monthly return	20th of Next Month	61(5)		Temp, only for July'17 & August'17
GSTR-4	Quarterly return for registered person opting for composition levy	18th of the month succeeding the quarter	62		On the Basis of GSTR-4A with modification if Required.
GSTR-4A	Auto-drafted details for registered person opting for composition levy		59(3) & 66(2)	GSTR-1 or GSTR-5 or GSTR-7	The details of outward supplies furnished by the supplier shall be made available electronically to the concerned registered persons (recipients)
GSTR-5	Return for Non-resident taxable person	20th of the month succeeding the tax period & within 7 days after expiry of registration.	63
GSTR-5A	Details of supplies of online information and database access or retrieval services by a person located outside India made to non-taxable persons in India		64
GSTR-6	Return for input service distributor	13th of Next Month	65		On the Basis of GSTR-6A with modification if Required.
GSTR-6A	Details of supplies auto-drafted form		59(3) & 65	GSTR-1	The details of outward supplies furnished by the supplier shall be made available electronically to the concerned registered persons (recipients)
GSTR-7	Return for Tax Deducted at Source	10th of Next Month	66(1)
GSTR-7A	Tax Deduction at Source Certificate		66(3)		Shall be made available electronically to the deductee on the common portal
GSTR-8	Statement for tax collection at source		67(1)		To be filed by Electronic Commerce Operator
GSTR-9	Annual Return*	31st December of next Financial Year	80		To be filed by Registered Person other than an ISD, TDS/TCS Taxpayer, Casual Taxable Person and Non-resident Taxpayer
*GSTR-9A for Composition Dealer, GSTR-9B for E-Commerce Operator, for Tax Payer Turnover >Rs. 2 Crore with Audited Annual Acounts & Reconciliation Statement in GSTR-9C
GSTR-10	Final Return	Within three months of the date of cancellation or date of order of cancellation, whichever is later.	81		To be filed by Taxable Person whose registration has been surrendered or cancelled
GSTR-11	Statement of inward supplies by persons having Unique Identification Number (UIN)		82
There are forms GST MIS-1 & GST MIS-2 (for E-Com Cos GST MIS-3 & GST MIS-4) to inform and Rectification of ITC Claims.
NB: I am not discussing GST Practitioners Forms here, those I'll dicuss in separate post.
					Compiled by Sukhvinder for Kaizen ( @gstsukh )