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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:

  • Purchase
  • Sales
  • Output GST (On sales)
  • Input tax credit (GST paid on purchases)
  • GST Filing usually takes between 1-3 working days. Team Clear can help you obtain GST filing faster in 3 easy steps.

    Who should file GST Returns?

    Under the GST system, ordinary companies (and taxpayers who do not choose the QRMP scheme) with annual total sales of more than 500 million rupees are required to file two months and one annual tax return. This is equivalent to 25 returns per year.

    Taxpayers with sales of up to Rs 500 million can file tax returns under the QRMP scheme. QRMP submitters submit nine GSTRs annually, each consisting of four GSTR-1 and GSTR-3B declarations and one annual declaration. Please note that QRMP applicants are required to pay monthly taxes, even if they file their tax returns quarterly. There are also individual declarations / declarations that need to be submitted in special cases such as: B. Constituent dealers with 5 GSTR declarations per year (4 declarations by Sharan and 1 annual GSTR-4 declaration at CMP-08).

    How many returns are there under GST?

    GST has 13 returns. They are 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, not all tax returns apply to all taxpayers. Taxpayers file their tax returns based on the type of taxpayer / type of registration received.

    Appropriate taxpayer, ie H. If sales exceed 500 million rupees, a self-certified settlement statement in the form of GSTR-9C must also be submitted. In addition to the GST tax returns submitted, taxpayers have access to GSTR-2A (dynamic) and GSTR-2B (static) input tax credit statements. There is also an invoice delivery feature (IFF) that small taxpayers registered under the QRMP scheme can use to provide business-to-business (B2B) sales for the first two months of the quarter. These small taxpayers must continue to pay their taxes monthly using Form PMT-06.

    Return Form Description Frequency Due Date
    GSTR-1 Details of outward supplies of taxable goods and/or services affected. Monthly 11th of the next month.
    Quarterly (If opted under the QRMP scheme) 13th of the month succeeding the quarter.
    IFF (Optional by taxpayers under the QRMP scheme) Details of B2B supplies of taxable goods and/or services affected. Monthly (for the first two months of the quarter) 13th of the next month.
    GSTR-3B Summary return of outward supplies and input tax credit claimed, along with payment of tax by the taxpayer. Monthly 20th of the next month.
    Quarterly (For taxpayers under the QRMP scheme) 22nd or 24th of the month succeeding the quarter***
    CMP-08 Statement-cum-challan to make a tax payment by a taxpayer registered under the composition scheme under Section 10 of the CGST Act. Quarterly 18th of the month succeeding the quarter.
    GSTR-4 Return for a taxpayer registered under the composition scheme under Section 10 of the CGST Act. Annually 30th of the month succeeding a financial year.
    GSTR-5 Return to be filed by a non-resident taxable person. Monthly 20th of the next month.
    (Amended to 13th by Budget 2022; yet to be notified by CBIC.)
    GSTR-5A Return to be filed by non-resident OIDAR service providers. Monthly 20th of the next month.
    GSTR-6 Return for an input service distributor to distribute the eligible input tax credit to its branches. Monthly 13th of the next month.
    GSTR-7 Return to be filed by registered persons deducting tax at source (TDS). Monthly 10th of the next month.
    GSTR-8 Return to be filed by e-commerce operators containing details of supplies effected and the amount of tax collected at source by them. Monthly 10th of the next month.
    GSTR-9 Annual return by a regular taxpayer. Annually 31st December of the next financial year.
    GSTR-9C Self-certified reconciliation statement. Annually 31st December of the next financial year.
    GSTR-10 Final return to be filed by a taxpayer whose GST registration is cancelled. Once, when the GST registration is cancelled or surrendered. Within three months of the date of cancellation or date of cancellation order, whichever is later.
    GSTR-11 Details of inward supplies to be furnished by a person having UIN and claiming a refund Monthly 28th of the month following the month for which statement is filed.
    ITC-04 Statement to be filed by a principal/job-worker about details of goods sent to/received from a job-worker Annually
    (for AATO up to Rs.5 crore)


    Half-yearly
    (for AATO > Rs.5 crore)
    25th April where AATO is up to Rs.5 crore.



    25th October and 25th April where AATO exceeds Rs.5 crore.

    (AATO = Annual aggregate turnover)

    Penalty for not filing GST return

    If the taxpayer fails to file the GST return on time, then a late fee of upto Rs. 100 is applicable under the CGST Act and upto Rs. 100 under SGST Act. Thus, per day a late fee of INR 200 is applicable

    The GST penalty for not filing GST returns is upto Rs. 100 per day of delay until the failure continues, but not exceeding Rs. 5000.