GST Retun Filing Process – Quick Guide

By | June 26, 2017
(Last Updated On: June 26, 2017)

GST Retun Filing Process

gst return easy GST Retun Filing Process

Under the GST law, a normal taxpayer will be required to furnish three returns monthly and one
annual return as mentioned in the table below:

 

Type of Return Form No. Due DateAct GST Return Rules
Outward Supplies made by
the taxpayer during the
month
GSTR 110th of the next
month
Section 37Rule 1
Inward Supplies/purchases
received during the month
GSTR 2 15th of the next
month
Section 38Rule 2
Monthly ReturnGSTR 320th of the next
month
Section 39 (1)Rule 3
Annual ReturnGSTR 9 By 31st
December of next
FY
Section 44Rule 21

Apart from the above, other type of taxpayers like – Input Service Distributors, non-resident
taxable person, composition suppliers, person required to deduct tax at source, electronic
commerce operator, and person having unique identification number are required to file the
returns under the following specified forms:

Type of Return Form No. Due DateAct Return
Rule
Quarterly Return for
Compounding dealers
GSTR 418th of the month
next to quarter
Section 39
(2)
Rule 4
Return for Non-Resident
Taxable Person
GSTR 5Within 20 days
from the end of
tax period or
within 7 days
after the last day
of the validity
period of
registration
whichever is
earlier
Section 39
(5)
Rule 5
Return by persons providing online
information and database
access or retrieval services
GSTR 5A On or before the 20th day of the
month succeeding
the calendar
month or part
thereof
Section 39
(5)
Rule 5A
Return for Input Service
Distributor
GSTR 6 15th of the next
month
Section 39
(4)
Rule 6
Return for persons required
to deduct tax at source
GSTR 7 10th of the next
month
Section 39
(3)
Rule 7
Return for E-Commerce
operators
GSTR 8 10th of the next
month
Section 52
(4)
Rule 8
GST Inward Supplies
Statement for unique
identification number
GSTR 11Section 55Rule 23

 

Online GST Return Filing Process:

The return filing process for a normal taxpayer is explained below:

1. The registered taxpayer (outward supplier) needs to have an active GSTIN and login
credentials.

2. He should log in to the GST portal, select the financial year and the relevant tax period
and select on GSTR 1.

3. The taxpayer is required to furnish the details of outward supplies of goods or services or
both in FORM GSTR 1  electronically through the common portal.

4. The taxpayer need to fill in the following details in GSTR 1 within the due date as
mentioned above:

a. Invoice wise details of all:

i. Inter-state and intra state supplies made to registered persons (B2B)

ii. Inter-state supplies with invoice value of more than Rs. 2.5 lacs made to unregistered persons

b. Consolidated details of all:

i. Intra-state supplies made to unregistered persons for each rate of tax

ii. State wise inter-state supplies with invoice value less than Rs.2.5 lacs made to unregistered persons for each rate of tax

c. Debit and Credit notes, is any, issued during the month for invoices issued previously

5. Consolidated detail of nil rated, exempt outward supply details should also be furnished
by the taxpayer.

6. Once all the particulars are furnished correctly as above, the taxpayer is required to sign
digitally either through a digital signature certificate (DSC) or Aadhar based e-signature
verification to authenticate the return.

7. The details as submitted above gets auto populated in Form GSTR 2A and will be
available electronically to the concerned registered persons (recipient tax payer) for all
the inward supplies.

8. The recipient taxpayer may either accept the information as furnished by the outward
supplier or may add, delete, or correct the information which has been received by him in
GSTR 2A .

9. The modifications, if any made in GSTR 2A will be communicated back to the outward
supplier electronically through the GSTN portal in Form GSTR 1A.

10. The outward supplier has to either accept or reject the corrections as done by the recipient
by 17th of the Month.

11. If the outward supplier accepts the corrections, then the GSTR 1 as furnished by the
taxpayer (outward supplier) shall stand modified, as applicable.

12. If the outward supplier does not accept the corrections as made by the recipient, then the
claim of input tax credit would be treated as mismatched.

13. The total tax liability for the taxpayer would be calculated and auto populated in GSTR 3
based on the details of outward and inward supplies as made above.

14. The taxpayer has to submit the Monthly Return – GSTR 3 and make the tax payment by
20th of the Month.

15. Apart from the Monthly Returns, the taxpayer is also required to file Annual Return –
Form GSTR 9 for every financial year by 31st December following the end of the financial year through the GSTN Portal. Along with the return, the taxpayer whose aggregate turnover during a financial year exceeds two crore rupees is also required to submit the audited annual accounts and a reconciliation statement in Form GSTR 9C.

GST Return – Analysis

How to File GST Return – Explained with screenshots / Examples

Fees for Late Filing of GST Returns in India

GST Return Formats

Related Topic on GST

TopicLink
GST Acts Central GST Act and States GST Acts
  
RulesGST Rules
 
RatesGST Rates
  
NotificationsGST Act Notifications
 
Press ReleaseGST Press Release
 
CommentaryTopic wise Commentary on GST Act of India
 
GST Online CourseJoin GST online Course
Direct Taxes Ready ReckonerService Tax Ready ReckonerCompany Law Ready Reckonertax deduction at source
New Books Released on Tax , GST and law

Leave a Reply

Your email address will not be published. Required fields are marked *