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A Comprehensive Guide to Online GST Return Filing Procedures

This guide provides a thorough overview of the online Goods and Services Tax (GST) return filing process in India. It details the various types of GST return forms required for different taxpayer categories and outlines a step-by-step procedure for submitting returns via the official GST portal. The article emphasizes the importance of timely and accurate filing for compliance and clarifies common questions regarding GST return procedures.

📖 5 min read read🏷️ GST Returns

Meeting Goods and Services Tax (GST) obligations critically involves submitting GST returns accurately and on schedule. Beyond common monthly and yearly forms like GSTR-1, GSTR-3B, and GSTR-9, the GST framework includes numerous other return types for diverse objectives. To ensure effective compliance, taxpayers must grasp which forms to file and how to complete them correctly. This guide outlines various return formats and offers a detailed, step-by-step approach to filing GST returns.

GST Filing Process and Procedure

The GST filing process requires businesses to formally submit structured data concerning their sales, purchases, taxes remitted, and claimed input tax credits. The schedule for submitting these details through specific forms varies, and taxpayers must complete these submissions electronically via the official GST portal. In addition to forms submitted by taxpayers, the GST portal automatically generates certain return documents to assist in reconciling purchase invoice information.

Different Types of GST Return Forms

Category of taxpayersReturns to be filedReturns auto-generated by the systemFrequencyDue date for submission / auto-generationInformation contained
Regular taxpayersGSTR-1Monthly / Quarterly11th day of the succeeding month for monthly filers; 13th of the month succeeding the quarter for taxpayers under the QRMP schemeDetails of outward supply of goods and services
Regular taxpayersGSTR-1AMonthly / QuarterlyAfter filing GSTR-1 and until the filing of GSTR-3B for the return periodAmendment of GSTR-1 data
Regular taxpayersGSTR-2AMonthlyA dynamic statement updated in real time following submission of data by suppliersDetails related to inward purchases and ITC
Regular taxpayersGSTR-2BMonthlyA static statement available on the 14th of the succeeding monthDetails related to inward purchases and ITC for a tax period
Regular taxpayersGSTR-3BMonthly / Quarterly20th day of the succeeding month for monthly filers; 22nd / 24th of the month following the quarter for taxpayers under the QRMP scheme, based on the principal place of businessSelf-declaration on outward supplies, ITC, claimed, tax liability ascertained, and taxes paid
Composition taxable personsGSTR-4Annual30th June of the succeeding yearDetails of ITC availed, tax paid for local, interstate and import/exports
Non-resident foreign taxpayersGSTR-5Monthly13th of the succeeding monthAll outward supplies made, inward supplies received, credit/debit notes, tax liability and taxes paid
OIDAR (Online Information and Database Access or Retrieval) services providerGSTR-5AMonthly20th of the succeeding monthOutward taxable supplies and tax liability
Input Service Distributor (ISD)GSTR-6Monthly13th of the succeeding monthITC received and distributed by the ISD
Persons required to deduct tax at source (TDS)GSTR-7Monthly10th of the succeeding monthTDS deducted, the TDS liability payable, TDS paid and TDS claimed, if any
e-Commerce operators liable for collecting tax at source (TCS)GSTR-8Monthly10th of the succeeding monthSupplies made through an e-commerce platform and TCS collected on the same
Regular taxpayersGSTR-9Annual31st December of the succeeding yearAll outward supplies made and inward supplies received during the relevant financial year, along with details of taxes payable and paid and a summary value of supplies under every HSN code,
All taxpayersGSTR-9CAnnual31st December of the succeeding yearSelf-certified reconciliation statement between the books of accounts and the GSTR-9
Taxable person whose registration has been cancelled or surrenderedGSTR-10Final returnWithin 3 months from the date of cancellation or surrender of GST registration
Unique Identity Number (UIN) holder, like foreign diplomatic missions and embassies, eligible for a refund under GSTGSTR-11Monthly28th of the month succeeding the month in which inward supply is received by the UIN holderInward supplies received and refund claimed

How to File GST Returns Online?

Submitting GST returns online is straightforward, requiring taxpayers to adhere to a specific sequence of steps and provide necessary details in the designated formats. Before beginning, a taxpayer must possess a GST Identification Number (GSTIN) and have a registered account on the official GST portal. Below is a step-by-step guide for filing GST returns online:

Step-by-Step Online GST Return Filing

  1. Log In and Access Dashboard: Log in to the GST portal using your user ID and password. Navigate to the returns dashboard by selecting Services > Returns > Returns Dashboard.
  2. Select Period: On the 'Return Dashboard,' choose the relevant financial year, quarter, and month. Click 'SEARCH' to proceed.
  3. Identify Relevant Forms: A page will display the return forms pertinent to your GSTIN. For example, regular taxpayers will see forms like GSTR-1, GSTR-2A (for viewing only), GSTR-2B, and GSTR-3B.
  4. Prepare and Submit Form: Select the required return form and click 'Prepare Online'. Fill in all necessary information, save the form, and then click 'Submit'. After submission, verify the status by navigating to 'Track Return Status', which should indicate 'Submitted'.
  5. Initiate Tax Payment: Once the return status is 'Submitted,' click 'Payment of Tax'. A 'Check Balance' option will appear, which you must click to view available credit and cash balances.
  6. Offset Liability: Proceed to click the 'Offset liability' option. Make a cash payment for any remaining amount after adjusting for input tax credit.
  7. Finalize Filing: After the payment is complete, finalize the GST return filing. Check the declaration box, select the authorized signatory, and click either 'File Form with DSC' or 'File Form with EVC', as applicable.

This serves as a general overview for filing GST returns. The GST portal offers various return types, some of which may involve more or fewer steps than those outlined here. Detailed instructions for filing individual GST returns are available on the GST portal here.

Frequently Asked Questions

What is GSTIN, and why is it important for businesses in India?
GSTIN (Goods and Services Tax Identification Number) is a unique 15-digit code assigned to every registered taxpayer under GST. It is crucial for businesses as it serves as their identity for all GST-related transactions, enables them to collect and pay GST, and facilitates claiming Input Tax Credit.
What are the key benefits of the GST regime for Indian businesses?
The GST regime in India offers several benefits, including a simplified tax structure with fewer indirect taxes, reduced cascading effect of taxes, improved compliance through a unified online platform, enhanced logistics and supply chain efficiency, and increased transparency in business operations.
Can small businesses opt for the Composition Scheme under GST?
Yes, small businesses with an annual turnover below a certain threshold (currently Rs. 1.5 crore, with some exceptions for specific states/businesses) can opt for the Composition Scheme. This scheme allows them to pay GST at a lower, fixed rate on their turnover instead of a regular GST levy, simplifying compliance.
What is Input Tax Credit (ITC), and how does it work under GST?
Input Tax Credit (ITC) allows taxpayers to reduce their tax liability by claiming credit for the GST paid on purchases of goods or services used for business purposes. When a business sells goods or services, it can use the ITC accumulated on its inputs to offset the GST payable on its outputs, preventing double taxation.
What are the penalties for late filing of GST returns in India?
Late filing of GST returns in India incurs penalties in the form of late fees and interest. A late fee of Rs. 50 per day (Rs. 25 each for CGST and SGST) for regular returns and Rs. 20 per day for Nil returns (Rs. 10 each for CGST and SGST) is applicable, capped at Rs. 5,000. Interest is charged at 18% per annum on the outstanding tax liability from the due date until the actual payment date.

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