Each person registered below the GST Act has to periodically furnish the details of sales and purchases together with tax amassed and paid thereon, respectively, with the aid of filing online returns. Before filing the go back, payment of tax due is obligatory otherwise such return will be invalid.
There are multiple returns below the GST regime. The most not unusual used return might be GSTR 1, 2, 3, four & 9. GSTR 1, GSTR 2 & GSTR 3 may be submitted with the aid of all agencies on a month-to-month basis together with GSTR 9 on an annual basis. GSTR 4 is submitted through composition taxpayers on a quarterly basis.
Return / Form | Details | Filer | Frequency | Due Date |
---|---|---|---|---|
GSTR – 1 | Outward sales by Business | Registered Normal Taxpayer | Monthly | 10th of next month |
GSTR – 2 | Purchases made by Business | Registered Normal Taxpayer | Monthly | 15th of next month |
GSTR – 3 | GST Monthly return along with the payment of tax | Registered Normal Taxpayer | Monthly | 20th of next month |
GSTR – 4 | GST Quarterly return for Composition Taxpayers | Composition Taxpayer | Quarterly | 18th of next month |
GSTR – 5 | Periodic GST return for Non-Resident Foreign Taxpayer | Non-Resident | Monthly | 20th of next month |
GSTR – 6 | Return for Input Service Distributor (ISD) | Input Service Distributor | Monthly | 13th of next month |
GSTR – 7 | GST Return for TDS | Tax Deductor | Monthly | 10th of next month |
GSTR – 8 | GST Return for E-commerce Operator | E-commerce Operator (Tax Collector) | Monthly | 10th of next month |
GSTR – 8 | GST Annual Return | Registered Normal Taxpayer | Annually | 31st Dec of next financial year |