A GST return is a report containing subtleties of income that a citizen is needed to file with the tax administrative authorities. This is used by the tax authorities to compute the tax liability. Goods and Service Tax is an indirect tax applicable from July 1, 2017, across India. GST return has defined the filing of tax through GSTR forms as indicated by the slabs and eligibility criteria. A return is a document containing subtleties of salary that a taxpayer is needed to file with the tax administrative authorities.
The Central Board of Indirect Taxes and Customs (CBIC) extended the due date for filing of annual GST returns for 2019-20 by composition dealers by 2 months to October 31. This is the second extension in the same number of months given by the government. The original deadline for filing the return was July 15, which was earlier extended till August 31.
List of GST Returns
GSTR-1 – The enrolled taxable supplier should file details of outward supplies of taxable goods and services as affected.
GSTR-2 – The enrolled taxable recipient should record subtleties of inward supplies of taxable goods and services claiming the input tax credit (Currently Filing office of GSTR-2 isn’t available on the portal.
GSTR-3B – The enlisted taxable person should file the monthly return on the basis of finalization of Summarized details of outward supplies & inward supplies plus the payment of an amount of tax.
GSTR-4 (CMP 08) – Composition supplier should file the quarterly return for depositing the payment.
GSTR-5 – Return for the non-resident taxable foreign taxpayer.
GSTR-5A – Return for the OIDAR.
GSTR-6 – Return for input service distributor.
GSTR-7 – Return for authorities carrying out tax deduction at source.
GSTR-8 – E-commerce operator or tax collector should file details of supplies affected and the amount of tax collected.
GSTR-9 – The registered regular taxpayer should file an annual return.
GSTR-9A – The composition traders should file an annual return.
GSTR-9C – Turnover Above 2 crores (Regular Taxpayers) in a Particular FY.
GSTR-10 – The taxable person whose registration has been canceled or surrendered should file the final return.
How to file GSTR Return online?
Given below is a systematic procedure oof filing a GST Return online:
- Visit the GST portal (www.gst.gov.in).
- A 15-digit GST ID number will be given based on your state code and PAN number.
- Upload invoices on the GST invoices or the software. An invoice reference number will be given against each invoice.
- After uploading invoices, outward return, inward return, and combined monthly return have to be filed online.
- File the outward supply returns in GSTR-1 form through the information section at the GST Common Portal (GSTN) at the very latest the tenth of the next month.
- If there are any errors, you have the option to address it and refile the returns.