GST Return - What is GST Return? Who Should File, Due Dates and Types of GST Returns
All GST-registered businesses file monthly or quarterly GST returns and an annual return online via the GST portal.
What is a GST Return?
A GST return is a document detailing income, expenses, purchases, and sales filed by every GSTIN holder online. Tax authorities use it to determine net tax liability. Registered dealers file GST returns covering purchases, sales, output GST (on sales), and input tax credit (GST paid on purchases). For simplified GST filings, explore Clear GST software, supporting data import from ERP systems like Tally, Busy, and custom Excel. Tally users can also directly upload data using the desktop app.
Streamline your GST filings effortlessly with Clear GST software. Easily import data from ERP systems like Tally, Busy, or custom Excel. Tally users can even utilize the desktop app for seamless data upload and filing.
Under GST, a registered dealer has to file GST returns that broadly include:
- Purchases
- Sales
- Output GST (On Sales)
- Input GST (GST paid on purchases)
To file GST returns or for GST forms, check out the Clear GST software that allows the import of data from colorful ERP systems similar as Tally, Busy, custom-made Excel, to name a many. There's also the option to use the desktop app for Tally druggies to directly upload data and train.
How many returns are there under GST?
There are 13 GST returns: 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. Not all apply to every taxpayer; filing depends on registration type. Those with turnover exceeding Rs. 5 crore must submit self-certified reconciliation in GSTR-9C.
Additionally, taxpayers have input tax credit statements: dynamic GSTR-2A and static GSTR-2B. Small taxpayers under the QRMP scheme can use Invoice Furnishing Facility (IFF) for Business to Business (B2B) sales in the first two months, still paying taxes monthly via Form PMT-06. Explore the various GST returns, their applicability, and due dates below.
Most commonly GST return filed by taxpayer in normal business.these are as follows:
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-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. |
Get a tax expert to do your GST File equipped with end-to-end online fulfill your requirements. No hassle. It's a fully online process.
Let Taxring simplify your GST filing. Our online process makes uploading sales and purchases seamless. Our experts ensure error-free GST returns. Choose from our tailored packages to suit your needs.
Taxring offers you various packages according to your requirements and choose a package which is suitable for you.
How are GST returns filed or submitted?
Each GST return has a specific format and must be filed on the GST portal. However, these forms may appear complex to many taxpayers. Don't fret! ClearTax GST software simplifies the process. Sign up now and try it yourself.
100% Digital Process to file GST Return:-
- Fill business details & Validate GSTIN
- Upload your Purchase/Sales Invoice
- Pay subscription charges GST return.
- Documents review by the expert
- Get GST computation for Review.
- Help to pay GST Tax
- GST Return Filed