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Business Compliances

What is a GST Return?

A GST return is a document containing details of all income/sales and/or expenses/purchases that a GST-registered taxpayer (every GSTIN) is required to file with the tax administrative authorities. This is used by tax authorities to calculate net tax liability. Under GST, a registered dealer has to file GST returns that broadly include:

  • Purchases
  • Sales
  • Output GST (On sales)
  • Input tax credit (GST paid on purchases)

Who Should File the GST Return?

As per the Goods and Service Tax Act and Rules thereon, all the registered entities are mandated to file the GST Return. However, the registered business entities with an Annual Aggregate Turnover of Rs 5 Crores are compulsory to file 2 monthly returns. Registered business entities with Turnover up to Rs 5 Crores have an option to file the return under the Quarterly Return Filing and Monthly Payment of Taxes Scheme(QRMP) under the GST Act.

How many returns are there under GST?

There are 13 returns under GST. They are the GSTR-1, GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8, GSTR-9, GSTR-10, GSTR-11, CMP-08, and ITC-04. However, all returns do not apply to all taxpayers. Taxpayers file returns based on the type of taxpayer/type of registration obtained. 

Due Dates and Types of GST Returns

Name Of the Form/
Return
Details of the ReturnDue Date
GSTR 1Return for all outward supply of goods or services11th of succeeding month for entities not under/ not opted for QRMP scheme.
13th of succeeding month for entities who have opted QRMP Scheme
Invoice Furnishing Facility (IFF)An optional return which can be filed by business entities opted for the QRMP Scheme. This return contains the details of B2B invoices of Goods or services13th of succeeding month
GSTR 3BSummary return of outward supplies of goods or services and input tax credit claimed. The return also contains the details of the Net Tax liability under GST.20th of the succeeding month.
22nd of the succeeding month for QRMP scheme and entities registered in Union Territories.
24th of the Succeeding Month for business users registered in state of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union Territories of Jammu and Kashmir, Ladakh, Chandigarh and New Delhi.
GSTR 4Registered entities under the composition scheme under section 10 of the CGST Act30th of the month succeeding a financial year. (filed Annually)
GSTR 5AReturn to be filed by non-resident Online Information Database Access and Retrieval service( OIDAR) providers.20th of the Succeeding Month
GSTR 6An Input Service Distributor files every calendar month. It has all the information of the invoices on which credit has been received and are issued by an ISD.an Input Service Distributor files every calendar month. It has all the information of the invoices on which credit has been received and are issued by an ISD.13th of the succeeding month
GSTR 7A monthly return that has to be filed by the deductors who are required to deduct TDS under GST.10th of the succeeding month
GSTR 8Returns for the electronic commerce operator who is required to deduct Tax Collected at Source under GST.10th of the succeeding month.
GSTR 9Annual return by a regular taxpayer.31st December of the succeeding the financial year. (filed Annually)
GSTR 9CSelf Declaration of Reconciliation Statement31st December of the month succeeding the financial year. (filed Annually)
GSTR 10Final return to be filed by a taxpayer whose GST registration is canceled.Within three months of the date of cancellation or date of cancellation order, whichever is later.
GSTR 11Inward Supplies to be furnished by a person that has a Unique Identification Number (UIN) and claiming a refund28th of the month following the month for which statement is filed.
CMP 08A special statement cum Challan to pay taxes by a registered entities under QRMP Scheme18th of the month succeeding the quarter.
ITC 04To be furnished by registered manufacturers, showing the details of inputs or capital goods dispatched or received from a job worker in a particular quarter.Aggregate Annual Turnover More than Rs 5 Crores
25th October and 25th April.(Filed Half Yearly)
Aggregate Annual Turnover upto Rs 5 Crores 25th April (Filed Annually)

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